The Royal Hotel, Canowindra

Asking: $800,000

• Regional heritage hotel situated upon an expansive 2,928 sqm* site with a large car park and scope for additional development (STCA)
• Centrally located on the main street of Canowindra, gaining excellent foot traffic
• Underutilized first floor accommodation pub style rooms plus 1 manager’s residence with immediate upside via renovation/ modernisation
• Significant demand and instant uplift via increased trading hours and the addition of gaming machines
• Home to Australia’s International Hot-Air Ballon Challenge
• Original open fireplace, covered outdoor dining area and tranquil beer garden
• Currently operating only 16 hours per week (Friday nights and Saturday)
• Rich history, in 1863 Ben Hall (infamous bushranger) and his gang took over the hotel for 3 days
• Significant scope to increase revenue through increased trading hours, addition of gaming machines, development, renovation, events, promotion and a more hands-on management approach

*Approx.