Freehold Hotel for Sale - Albion Hotel, Grenfell
Grenfell NSW, NSW
Description
Central West NSW Freehold Hotel with 2 x GMEs MQ & Associates are proud to present to market the freehold going-concern interest of the Albion Hotel in Grenfell. Key features of the hotel are: - Centrally located in Grenfell, a historic township known for its strong agricultural base including wheat, canola, sheep and broadacre farming - The hotel includes 2 valuable Band 2 gaming machine entitlements, offering strong underlying asset value in a tightly held market - Currently operated entirely under management, providing clear scope for hands-on operators to improve revenue and performance - Imposing two-storey brick hotel featuring a distinctive period verandah, contributing to its strong street presence - Set on a substantial 940 sqm (approx.) block held across two lots in a prominent town centre position - Equipped with a solar system, supporting reduced operating costs and long-term energy efficiency - Features an efficient single-bar operation, TAB facilities, beer garden and a bistro area that is currently not operating, offering immediate upside for food revenue - Includes seven upper-level accommodation rooms - Grenfell is the birthplace of Henry Lawson, adding cultural significance and tourism appeal to the region
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Agent
Manenti Quinlan & Associates
