The Bulls Head Hotel, Wangaratta has come to market, offering operators and investors alike the opportunity to enter into one of Victoria’s strongest regional towns. The freehold going concern opportunity is being exclusively offered for sale by JLL Hotels & Hospitality Group’s, Executive, Lachlan Persley via Private Treaty.

This historical building presents a fantastic opportunity for an entry level operator to establish themselves in the busy tourist-filled town of Wangaratta. The hotel comprises a public bar, large commercial kitchen, refurbished dining area, staff accommodation and function room with a large balcony overlooking the busy main street. The property benefits from a site area of 583sqm and commanding frontage of over 15 metres to Murphy Street.

The hotel is ideally located within the centre of Wangaratta’s commercial and retail precinct, benefitting from large numbers of both vehicular and pedestrian traffic along Murphy Street.

Persley said, “The Bulls Head Hotel is a great entry level pub and we expect to see a lot of interest from operators with various backgrounds, from first-time operators to experienced publicans looking for a change in scenery, and even buyers looking to potentially change the usage entirely”.

Wangaratta is a key regional city with a population of almost 30,000. Due to its location, the city benefits from strong tourism trade which is set to continue for the foreseeable future. The city is known for its parks, gardens and the popular Wangaratta Festival of Jazz & Blues which sees over 350 national and international artists performing each year.

Regional Victoria is still experiencing greater growth despite pandemic-induced demand decreases. ‘We’re receiving more and more enquiries from both experienced and first-time pub owners looking for the “tree change” in regional areas such as Wangaratta. Early indications for 2023 suggest high demand in Regional Victoria for astute operators’, Persley concluded.

The freehold and business of the Bulls Head Hotel is for sale by Private Treaty.

For more information contcat the agents via the contact form below.