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The hotel closed approximately 12 months ago and is currently used for residential purposes. The new buyer has the option to purchase and re-zone back to commercial usage (stca). The property can be used for a diverse range of usages ie Hotel, Accommodation, Function Centre etc (all stca). We are selling the freehold with all plant and equipment worth $100,000's of dollars. You can immediately start up your own commercial operation. The property has been an ongoing development with most of the works completed. The bar and lounge area's have been tastefully renovated along with the outdoor beer garden. Upstairs you will find the accommodation area comprising six rooms, bathroom and WC.
$50 Inspection Fee prior to inspection.
https://www.youtube.com/watch?v=maiqCtNgg-Q
https://www.youtube.com/watch?v=NQ2Uwssg88Q&t=8s
Agents Note:
1. It is highly recommended that all purchasers have pre-approved finance before booking inspections. This is a requirement for all inspections.
2. All offers are to be in writing with the terms and conditions of the offer.
3. All properties will stay on the market and all offers will be presented to vendors right up until an exchange of contract.
4. The agent is obliged to submit all offers to a vendor even though there might be an offer and acceptance between buyer and seller. This is known as gazumping and it is legal in NSW.
5. It is the responsibility of the purchaser to efficiently exchange a contract of sale, otherwise gazumping can occur.
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