CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!
CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!

CBD Freehold Accommodation plus Bar and Restaurant with Future Multi-Use!

$995,000Sold

Resort Brokers present a pure commercial opportunity. The external refurbishment is recently complete. A focus on a central accommodation offering will provide a surplus of return on its own. You may choose to implement efficiencies to the existing bar and bistro operation, or your vision may involve utilising the ample space with retail or commercial office sectors. In addition, a strata of the two buildings is a genuine option for you..

Key Features

  • 29 well-kept ensuite rooms with ample secure off street parking
  • Well renowned bar and bistro
  • Located in the retail/commercial heart of Kempsey and across the road from Kempsey central
  • Substantial 2,327sqm site over two adjoining buildings with dual frontages
  • Currently run under management with significant opportunity to increase trade through multiple revenue centres
  • Single bar operation – in need of wage efficiencies
  • Recent external refurbishment nearing completion 
  • Immediate accommodation upside with alignment to internet booking partners

NB: Property inspections are by appointment only

Key Details

Listing Ref: FH004397
Property Type: Hotel
Region: NSW - North West
Suburb: Kempsey
Sale Type: Freehold Going Concern
Net Profit: $187,425
Price: $995,000

Listing Agent(s)

Agent Feedback

We found James to be straight to the point and delivered on everything he said. James was prompt in regards to getting back to us on matters of importance and quickly achieved the price at which he appraised our property. In summary we found James very comfortable to work with to achieve our common goal, a sale.

- The Hanlon's & The O'Donnell's
Vendors,
Rockpool Motor Inn South West Rocks

James did a great job what were very difficult circumstances. It was not an easy deal and we had a lot of obstacles to overcome, which he handled incredibly well. He was efficient, reliable and I would recommend him to anyone. I don't think the deal would have happened without James! 

- Lyn Weathers
Vendor,
Gunnedah Caravan Park

James was a pleasure to deal with from start to finish (12 months) during a difficult and convoluted deal involving 3 tranches and many changes to the originally agreed transition; I would have no hesitation in recommending him as a hospitality broker.

- Chris and Luisa Lloyd
Vendor ,
Mantra Quayside Apartments