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Beautiful Country Hotel For Lease Or For Sale

Binnaway, New South Wales
Freehold Price:
$395,000 (AUD)
Lease Asking Price:
$50,000 (AUD)
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
Available on request

The Royal Hotel in Binnaway is situated on the corner of Renshaw St and The Warrumbungle Way in the gorgeous Country town of Binnaway. With a shire population of 9384, this thriving business is well situated for a prosperous future. The 2000 square meter block has a large carport, a lockable shed and garage, plus additional under cover storage space. A Newly landscaped and fully fenced beer garden with large covered seating space. The Royal Hotel itself is a two storey brick building and consists of a Cafe, Main Bar, Courtyard, Bottle shop and our 'Shiralee Hall of Fame' filled with movie memorabilia from the 1956 movie which was filmed here in Binnaway. The Hotel has been lovingly renovated over the last 2 years and is a must see with its art filled spaces and dedication to maintaining so many of the beautiful original features that make this country pub the attraction that it is.

Our Main Bar renovation included New Carpet and Paint throughout. New Reverse cycle air-conditioner, New upholstery on all stools and seats, new refrigeration including a glass fridge, pizza fridge and drinks fridge for all beers and RTD’s. A regularly serviced 6 Tap Glycol System, three new Big Screen TVs plus new glasses, racks, and a full reseal on the old cool room. There are two dart boards mounted on one end and a collection of local Hotel pictures, articles and maps have been framed and added to the walls.
Our Café area can seat up to 50 people including the indoor courtyard area and attached sitting room. It is fully fitted with an espresso Coffee Machine, an array of seating and tables, and many art works adorn the wall. Our Beer Garden and outdoor seating area is a beautiful fully enclosed area that is safe for children and families. With lots of activities for the kids to amuse themselves while mum and dad take in the serenity of the beautifully landscaped gardens and lawns. With the ability to seat in excess of 50 people the potential to cater for large groups and for functions is only just being tapped into.

There are 14 rooms upstairs that come off the large hallway. Most have been freshly painted and the floors have been oiled. This entire level is currently used as the owner’s residence and is a great space with loads of potential uses, including the possibly of guest accommodation.
With so much of the hard renovation and business building work now done, this beautiful Hotel is really starting to build a solid reputation and continues to show signs of promising growth in the future.

We have been judged in the AHA Awards for excellence as a finalist for ‘Best Burger’ in the country. We have numerous glowing reviews on Facebook, Trip Advisor, wiki camps and Google alike. And have built a lifestyle friendly environment for the Purchasers trading just 5 days a week (Wed - Sun) 11am-8pm leaving time off to do other things so you are able to put your whole self into the job while the doors are open.
If you are a career hospitality professional, couple or family that is passionate about food, rural communities and business then this is the opportunity for you.

For further information or to arrange an inspection please complete the contact seller rform on this page.

Property information

Real Estate:

Available as lease or with real property included

Lease Terms:

The Lease available is a 15yr Lease for $50,000.

Location:

The Royal Hotel is situated on the two main highways at the corner of Renshaw St and The Warrumbungle Way in the lovely NSW Country town of Binnaway. Located just 20 mins from Coonabarabran and just over 1hrs drive from Dubbo this thriving rural community has a supermarket, newsagent, chemist, garage and petrol station. A great local Primary and High school. A swimming pool, CRT, Community centre, takeaway shop, laundry mat and A number of sporting facilities. There is an active bowls club, Gun club and an 18 hole golf course.

Business Operation

Reasons for selling:

We are selling due to other opportunities that have presented themselves. This is a fantastic business for a Hospitality passionate person that loves the hospitality industry, food and central western NSW.

Trading hours:

Wed 11am - 8pm
Thurs 11am - 8pm
Fri 11am - 8pm
Sat 11am - 10pm
Sun 11am - 4pm
Mon - Tues - Closed

Employees:
2
Years established:
101 yrs

Other Information

Support & training:

We are happy to offer a transitional period with business advice and training if this is something the buyer would like. The time frame for this can be individually negotiated with the purchaser.

Inventory / Stock value:
$15,000 (AUD)
Website:
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Related Documents:
Lease asking price:
$50,000 (AUD)

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