Yalgoo Hotel

$600,000 Negotiable

34-40 Gibbons Street

Yalgoo WA 6635

Accommodation/Tourism

BUSINESS FOR SALE

Phone enquiries - please quote property ID 14272

Offered for sale is this rather unique commercial property. A busy licensed hotel in the heart of mining country.

This freehold property comprises; main bar, lounge bar, dining room, office, store room, laundry, tool sheds, licenced beer garden and verandah. There is also a large secure car park for guests and contractor vehicles. It also boasts a substantial cool room. On the residential side, there are nine (9) in house rooms (share bathroom facilities), three (3) twin motel ensuite units with solar panels installed and eight (8) newly completed ensuited single units. All units come equiped with televisions, refrigerator and aircons. The hotel offers a large well equipped kitchen and spacious walk in pantry. Seperate new managers flat and private staff quarters. A large shed is also on the property with vacant land also included with the possibility of an expansion. The property has 2 working bores.

ALL hotel plant and equipment, vital to the running of the business, has been replaced and renewed within the past 12 months.

Both Iron ore and gold mines are in close proximity to the hotel, with drilling and exploration an ongoing trade. The closest competition is at least an hours drive away, and the bustling coastal city of Geraldton a pleasant drive of two (2) hours, which in spring months, has a spectacular showing of wild flowers.

Located in the centre of the very tidy community of Yalgoo which has recently acquired a new water park and outdoor sporting complex. The town has also recently been connected to the mobile network.

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