Country Wide Property is delighted to present for sale the historic Great Central Hotel, located in the beautiful town of Glen Innes.
Occupying a commanding 1000 sqm corner sight on the main street of Glen Innes, the hotel garners attention from locals & tourists alike. Built in 1874 with the sweeping verandahs which envelop the two storey building added post 1907, this solid brick pub is an icon of the town.
Proudly operating with no poker machines, the hotel is a favorite in the community offering live music, daily specials, separate restaurant dining area, public bar & accommodation. With two operating bars, the venue is well equipped to cater to functions while maintaining regular service, allowing you to increase your weekly revenue.
Upstairs there is a three bed managers residence and 13 lettable rooms with men's & women's shower and bathroom facilities, offering great revenue with fantastic upsell opportunities with the bar and restaurant downstairs.
The premises has recently been leased for a 10 year period starting on 22/07/24. The lease includes all outgoings excluding insurance.
Key Investment Highlights
* Freehold going concern offering genuine flexibility with the ability to occupy, invest or redevelop
* Ability to generate multiple revenue streams with cafe, bar, restaurant, catering & accommodation services.
* 34 Kwh Solar System
* Two operational bars
* New management in place
* Premium Location on main street
For further information please contact Matthew Velcich (0437 015 018)
