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62 Barrack Street, Merredin WA 6415
$980,000 WIWO, PSAV
  • 10
  • 1
  • 1537 m2
  • 860 m2

BEAUTIFULLY RENOVATED HOTEL AND PROFITABLE BUSINESS

It is a pleasure to present this beautifully renovated hotel in the large regional centre of Merredin though it would sit just as comfortably in Subiaco or Fremantle. This very well run business is profitable and has further growth potential from Sunday trading and reopening of the upstairs accommodation.

The hotel comprises a ground floor with front bar, lounge bar, games room, dining room, amenities and commercial kitchen fitted out to the latest regulations and equipment. There are also manager's and staff rooms The games room converts to a friday night "disco" and or sports video room for those important occasions!

The outside beer garden is a wonderful spot for a relaxing drink in a lush environment and ideal for a gathering of family and friends

The owner has chosen not to open on Sundays, but that would certainly add to turnover as would reopening of the 34 rooms on the second floor. Most of the rooms have been gutted and part renovated and there would be a good business case for finishing that project.

As a bonus there is also an adjoining retail shop that could be leased separately or investigate the possibility of a "bottle shop".

The price is on a walk in walk out basis (WIWO) and includes all plant, fixtures and fittings plus stock at valuation (PSAV). It is sold as a "going concern" hence it should be GST exempt.

Full financials are available on a confidential basis and we would be pleased to answer any queries and or arrange for a personal inspection.

Call Kevin Jury now on 0400123502 to make arrangements.