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Freehold Hotel & Business

Commercial Property for Sale
Forbes NSW

Freehold historic hotel with gaming

Price $1,600,000 + SAV

Freehold Hotel & business

Stock Included: No
Stock Value: 40000
Years Est: 1872
Gross Revenue: 1500000
Trading since 1863, the Vandenberg Hotel in Forbes is a very unique business opportunity indeed. This business will appeal to motel and air BNB operators, as well as hoteliers. Set on an imposing corner location just off the Newell Highway, this hotel has views over Victoria Park and its magnificent 19th century grand buildings. It is an unforgettable inspection. In addition to the Public bar, Lounge bar and commercial kitchen the Hotel boasts a gaming lounge with 3 gaming machine entitlements (additional entitlements may be available at extra cost), a secondary dining area that can be utilised for small functions or private dining, a large dining/meeting room and beer garden.
Upstairs offers 12 accommodation rooms as well as a 3 bedroom managers’ residence. Views from the guest rooms and veranda are a truly unique experience. There is also an opportunity to develop an upstairs high quality kitchen if desired.
The current owners have been operating the Hotel since 2002, yet they are still introducing new business opportunities, the latest being breakfast on the shaded footpath, a licensed food area.
Forbes is an historic gold mining era town, benefiting from interstate and local tourism from the busy Newell Highway. It also has very significant rural industries including a massive livestock centre. A local dairy employs 400 staff, and has 8,000 cows supplying the very successful A2 brand milk. The nearby Lachlan River provides a secure water supply backed up by the waters of Wyangala Reservoir.

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Contact: PETER D CAMPBELL
Phone: 0412694069
Mobile: 1300367289
Bsale ID: 282764
Agent ID: W 765




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