The New Royal Hotel and Surat Cabins and Caravan Park for sale through Power Jeffrey and Co agents, Andy Nason and Robert Hunter. The New Royal Hotel Motel and adjoining residence located at 63 and 71 Burrowes Street for sale with while the caravan park a short one minute walk away at 47 Burrowes Street Surat.
The New Royal Hotel and Surat Cabins and Caravan Park in rural Queensland are being offered for sale through Power Jeffrey and Co agents, Andy Nason and Robert Hunter.
The New Royal Hotel Motel and adjoining residence and are located at 63 and 71 Burrowes Street while the caravan park is a short one minute walk away at number 47 Burrowes Street.
The high profit freehold single level hotel consists of a sports bar, TAB, gaming room with six machines, lounge bar and bistro plus commercial kitchen, coffee shop and drive-thru “Bottlo’ retail facility. On-site accommodation includes 18 air-conditioned motel units and cabins of single and twin share configurations.
There is a three-bedroom manager’s residence and staff flat plus a coin operated laundromat.
The Surat Cabins and Caravan Park comprises 12 air-conditioned cabins, 14 powered van sites of which two have ensuite facilities, a modern camp kitchen with barbecue area, guest laundry and ablutions block.
Mr Nason told The Hotel Conversation, the offering was a well established hotel business with diversified income streams including a strong accommodation base and a well patronised coffee shop which appeals to a broader patron base than a traditional hotel operation.
Co agent Mr Hunter said the property being sold includes three separate asset bases is being offered for sale by genuine owners who have now operated the business since 2005 and are looking for a change of life style.
The hotel sits on a site area of 3,376 square metres while the residence is on a site of 913 square metres with the total being 4,289 square metres. The caravan park sits on a generous site of 4,681 square metres. All sites offer ample on-site car parking amenities.
According to the agents, the New Royal Hotel is the hub of the community where locals gather.
The Surat Cabins and Caravan Park is a highly regarded facility by guests and tourists and located a short walk from the hotel.
Surat is situated on the Balonne River about 75 kilometres south of Roma and 450 kilometres west of Brisbane. By the end of the 1840s, pastoralists had penetrated the area and in 1849, NSW Surveyor-General, Sir Thomas Mitchell directed surveyor, Edward Lewis Burrowes to select a township site on the Balonne River who did so and named it after the diamond polishing city of Surat, after his former place of residence in India. By 2011, the rural town of Surat had a population of 426 and offered facilities such as a state school and library along with the Cobb & Co changing station, an aquarium, social history museum, theatre, shire hall and gallery.
To request a copy of the Information Memorandum please contact the marketing agent Power Jeffrey and Co’s Andy Nason and Robert Hunter via the contact details below.