Residential Tavern

37 Percy Street, Warwick, 4370

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650,000 AUDEst. Mortgage: AUD 4,567/monthFor Sale
  • Ownership Type Lifestyle
  • Property Area 2,094 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 25th Dec, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Full-Time Doorman
  • River Views
  • Common Roof Deck
  • City Views
  • Gym
  • Sauna
  • Open Views
  • Basketball Court
  • Pool

Property Overview

The Property<br/><br/>37 Percy Street Warwick Queensland<br/><br/>Large Corner Block 2094m2<br/><br/>Flood free<br/><br/>The entire site is licensed<br/><br/>Welcoming main bar<br/><br/>Pool table<br/><br/>Restaurant currently seats 50<br/><br/>Beer garden with stage - popular for private functions<br/><br/>Separate event venue - this was a drive thru bottle shop & could be again if the new owners would prefer<br/><br/>One bedroom unit currently rented $165 per week (Short term airbnb potential)<br/><br/>Beautifully appointed, efficient commercial kitchen<br/><br/>Office<br/><br/>Dual road frontage<br/><br/>Off site parking & ample street parking<br/><br/>True walk in walk out - everything needed to enjoy continued success is included<br/><br/>​<br/><br/>The Business<br/><br/>Current trading hours 11am to 11pm Wednesday to Saturday, till 4pm Sunday<br/><br/>License is 10am to midnight 7 days a week<br/><br/>60% turnover is over the bar, the rest is from the kitchen (estimate based on recent figures)<br/><br/>Currently managed & still returning a modest profit<br/><br/>Very lucrative business for owner operator/s<br/><br/>Majority of patrons are over 40 - current owners are focused on workers for day/afternoon trade. families & functions<br/><br/>Beer garden is popular for private functions<br/><br/>Friendly, reliable local staff & contractors ensure this is a very efficiently run business<br/><br/>​<br/><br/>The Opportunity<br/><br/>The Stockyard Tavern is an iconic landmark of the vibrant, rural city of Warwick. Previously known as the "workers' pub", the current owner has fully renovated the entire site inside & out over the last few years. This is now an immaculately presented property, comprising of main bar, restaurant, beer garden & private event venue. Careful consideration of every detail ensured the loyal "workers" still enjoy an afternoon coldie but the hotel is now a popular venue for meals & events.<br/><br/>An owner operator, individual, couple or family, would enjoy a very comfortable life in a business that would be a pleasure to operate. The one bedroom unit would suffice for new owners to occupy while establishing themselves in this great region.<br/><br/>Nothing to spend. Everything has been done. Immaculately presented & maintained inside & out.<br/><br/>Call Joanne Burgess for more information<br/><br/>0418 18 4577

Location on Google Map

37 Percy Street, Warwick, 4370

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