Lease Hotel, West Wyalong
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(no street name provided), West Wyalong NSW 2671

$25,000

BusinessSize: n/a
Circa 1906 magnificent 2 story hotel on the Newell Highway
Consisting of bar, lounge, 35 seat dining room (trades 7 days week),
commercial kitchen, outside bar, 4 guest rooms downstairs (need work), 11
rooms upstairs (fully booked at listing) plus 2 BR managers flat
4 poker machines installed early 2023 already showing good returns. NB. Lessee to pay additional lease costs of $100,000 + GST for 4 machines yearly for a period of 3 years when a further lease period can be negotiated
Licences - 1am. Monday to Wednesday, 3am. Thursday to Saturday, 10pm.
Sunday
Restaurant opening hours -12 2pm lunch, 6 9 dinner, 7 days week
Accommodation scarce in West Wyalong with the Lake Cowal gold mine
increasing their workforce

Offering 15 year lease $25,000 + stock.
Base year Rental $1500 + outgoings

Inspections

No open inspections scheduled.

Send an enquiry

Contact Peter Campbell to learn more about this property, request an inspection or take an online tour.

Key details

Property type:
Business

Other Details

PETER CAMPBELL REAL ESTATE

Property history

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West Wyalong suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
3,037
Listing ID: 181606450. This listing has been viewed 9 times. It was first displayed on 12/05/2023 and last updated on 18/11/2023.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.