The Freehold Going Concern Interest in The Railway Hotel Muswellbrook for sale through HTL Property agents Ben Kennedy and Xavier Plunkett.
The Railway Hotel Set to Hit the Tracks in Search of a New Owner Specialty national brokerage firm, HTL Property, is delighted to offer to market the Freehold Going Concern Interest in The Railway Hotel, Muswellbrook. HTL Property agents Ben Kennedy and Xavier Plunkett have been engaged to manage the sale; which has been held by the Vendor for over 10 years.
The multi-award-winning Hotel sits upon an expansive 1,877sqm* site, with a generous beer garden fully equipped with a train carriage bar, music stages, large car park and the ever-popular shearing stage.
The Hotel includes 2 highly valued gaming machine entitlements, and features a public bar, bistro, several dining areas, a commercial kitchen, a large beer garden, 18 pub-style accommodation rooms; and a 3-bedroom manager's residence.
“The Railway Hotel is strategically positioned opposite Muswellbrook’s Train Station, and moments from the CBD. The Hotel has significant scope to increase revenues across all departments, given the hotel is currently closed on Sundays, offers no food on weekends; and enjoys the ability to take advantage of late-night trading (3 am). An incoming, hands-on purchaser could expect a dramatic uplift in trade across most departments” advised HTL Property’s Ben Kennedy.
“We expect interest from both new entrants, given the entry-level price point; and established syndicates, due to highly favourable economic, tourism, and real estate drivers presented by the asset” added HTL Property Agent, Xavier Plunkett.
Muswellbrook is centrally located in the Hunter Valley’s mining, horse breeding, and agricultural precincts; being less than 1hr drive to Scone, Mount Thorley, Ravensworth, Fourmile Creek, and Mt Pleasant. Due to Muswellbrook’s location, the town experiences large volumes of blue-collar contract workers and residents; all of whom regularly require both short and long-term accommodation. Blue-collar workers historically provide exceptional demand for quality food, beverage, accommodation, and entertainment venues.
The Railway Hotel, Muswellbrook, is offered for sale via an Expression of Interest process concluding at 3pm on Thursday, 11th April 2024 (unless sold prior).
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The Freehold Going Concern Interest in The Railway Hotel Muswellbrook for sale through HTL Property agents Ben Kennedy and Xavier Plunkett.