Busy Leasehold Pub Close to Canberra

(no street name provided),Bungendore NSW 2621

Leasehold price: $350,000 + SAV

BusinessSize: n/a
This is the perfect opportunity to buy a classic Aussie pub in the popular tourist town of Bungendore, just 25 minutes from Canberra and 1.5 hours from the coast.

Located on the Kings Highway near Lake George, the heritage town of Bungendore is popular with visitors from the city, and has become a dormitory suburb of Canberra. Just 3 hours from Sydney, the town is home to art, crafts and antique shops, wineries and restaurants, with Monga National Park within easy reach.

The Royal Hotel is well known and a vital part of the growing Bungendore community, boasting excellent service and a great family-friendly atmosphere.

This leasehold investment opportunity comprises 8 guest rooms, sleeping up to 22; restaurant seating for 77; cosy wood fires, and a large, leafy outdoor area.

A major drawcard of the area for its entertainment and events, the pub attracts a wide range of customers, including locals, tourists, visitors from Canberra and Queanbeyan, and many of the 2000 personnel based at the major Defence headquarters 10 minutes away.

The family-run pub supports the local community, sports and social clubs, and other organisations, and is active on Facebook, Instagram and its own website.

Well maintained and equipped, the modern kitchen and the restaurant are currently leased, and very popular, opening every day for lunch and dinner.

At a glance:
- 6 modern poker machines + TAB options
- Lease expires mid-2021 but landlord will negotiate future options
- Friendly, highly skilled staff focused on customer service

Taking into account location, reputation, facilities and growing customer base, this is an excellent opportunity to have your own pub, plus a great lifestyle.

Inspections

No open times scheduled. Contact Agent to arrange a viewing.

Key Details

Property Type:Business
Stamp Duty:$11,240

What's Nearby

Bungendore Primary SchoolPrimary School
5.3km

Bungendore Suburb Information

 
 
Average Age
39 years
Population
3,553
Bungendore Profile
Bungendore Occupancy
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This listing has been viewed 330 times. It was first displayed on 26/09/16 and last updated on 28/09/16.