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Affordable Freehold Pub

Affordable Freehold Pub
Price $649,000

Details

Price $649,000
Location Grabben Gullen NSW
Categories Leisure/Entertainment
Date Listed 6th December, 2017
Listing ID 4890

Description

Affordable Freehold Pub

Ever thought of owning a freehold pub, escape the city rush and live/work in the country?
Well go no further, this Country House hotel found in the peace full township of Grabben Gullen 20 minutes from Goulburn and sits on a half an acre block with a beautiful country outlook.
Grabben Gullen is a small village in Upper Lachlan Shire, New South Wales, Australia It is located between Crookwell and Gunning.
The town is regularly visited by fossickers, seeking sapphires, garnets, zircons and gold. Its name is derived from an Aboriginal term meaning "small waters", and was chosen due to the numerous small streams in the area, which feed into the Lachlan River.

Built in the early 1800s, Grabben Gullen hosts St Mary's Catholic Church, a post office opened on 16 December 1891,and a pub named The Albion. The church is of Gothic style. Designed by an architect named Mr. Gordon in historical records, it lies approximately 4.5 kilometres from the village centre and celebrated its 150Th anniversary in 2013.

Grabben Gullen is now a tourist attraction in the Upper Lachlan region, and hosts a monthly produce market.
Mr Pulis said the building's amenities had been substantially refurbished and modernized over the past two years - with a more family-orientated clientele now stopping in for meals and drinks.

"Like many country Pubs throughout NSW, the Albion Hotel has transitioned from serving a purely gumboot and singlet-wearing local rural clientele, into a destination venue," he said.

"Saying that, the pub has remained true to its loyal customers who have enjoyed the brighter new format and wider range of both food and beverage options, as well as entertainment ranging from the traditional pool table through to TVs showing sporting events."

A commercial-grade kitchen in the kitchen area serves both traditional pub meals but also a range of freshly cooked seafood dishes in the main restaurant, through to short-order bar food such as gourmet burgers Pies and chips.

Cooking equipment in the kitchen features a six-burner gas hob, deep fryer and grillers - both under a stainless-steel extraction range.

Mr and Mrs Pulis said the property represented an opportunity for either an investor to buy the premises and lease out the food, beverage business to an operator, or for a hospitality-focused owner-occupier to take on the premises lock-stock-and barrel and expand the current range and standard of offerings.

Mr and MRS Pulis said that while the prominently-positioned pub had undergone internal enhancement over the past couple of years, there was further opportunities to add more value and service offerings on the site.

"At the front of the property is an expansive flat area with an a approval for an outside deck dinning area to sit another approx 50 people.
Also there is 6 rooms available to utilize and use as Bed and Breakfast rooms.
Poker machines could be a possibility as well.
Would suit a couple that wants to move to the country escape the busy city living and a change of a life style.

Sitting on some half an acre of freehold land, the Albion Hotel is now marketed for sale by Laky Koumpridis from Raine and Horne Commercial Sydney CBD and Parramatta.
Please call our office for more details LAKY 0421355557

* the image displayed in this advert may not indicate actual opportunity *