Royal Hotel, Benalla

51 Arundel Street, Benalla, VIC, 3672, AU

Description

JLL Hotels & Hospitality is delighted to exclusively offer for sale the Freehold Going Concern interest of the Royal Hotel, located in the thriving North-East Victorian town of Benalla.

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Attributes

Building area gross

1 sm

Year built

1839

Land area gross

3,082 sm

Media

Investment highlights

Multiple trading zones including Bistro with children’s playground, sports bar, function rooms and recently constructed outdoor trading space
Spacious gaming room housing 30 Electronic Gaming Machines, regularly maintained and upgraded
Generous patron capacity of 631 / 3am General Liquor Licence
Significant land-holding of 4,809sqm, including underutilised land ideal for addition of motel style accommodation (STCA)
Only ‘General Hotel’ gaming licence in town. Benalla population of approx. 15,000
High profile position with idyllic location adjacent to the Benalla Botanical Gardens, minutes to Benalla’s commercial precinct.
‘BWS’ branded drive-through bottleshop currently sub-let ASX-listed Endeavour Group, providing both additional income and reduced staffing cost