Bungendore, New South Wales 2621
Leasehold price: $350,000 + SAV
Busy Leasehold Pub Close to CanberraThis 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.
Business SnapshotPrice: Leasehold price: $350,000 + SAVTrial: no
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This listing last updated: 10th Apr 2017