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Mitchell Inn Geurie - Geurie

Asking Price
$289,000
Title Available
Leasehold
Weekly Sales
$12,000
Bar Sales
$7,150
Food Sales
$1,050
Gaming Income
$1,650
Bottle Sales
$1,350
Accommodation Income
$100
Sundry Income
$700
No. Gaming Entitlements
5 Owned by Freehold Owner
TAB
Yes
No. Bars
Single Bar
Bistro
Yes
Outdoor Beer Garden
Yes
Accommodation
6 Rooms & Managers Residence
Mitchell Inn Geurie Leasehold 
 
Located in the Central West of NSW 25kms west of Dubbo. Located on the Mitchell Highway which is approx. 4hrs from Sydney. Approx. 14,000 cars pass through Geurie each day. The Township itself has a population of more than 500 people plus surrounding rural properties. 
 
  • Long term Lease to Sep 2024 including fully paid Option of 6 years.
  • Only Hotel in town and on busy Highway.
  • Weekly turnover average approx $12,000. A good profitable business
One large main bar with very easy operation, plus walk in Bottle Shop over bar. 
  • Good Entertainment, BBQ & Amusement areas.Great function area.
  • TAB & SKY plus Gaming Room with 5 Poker machines.
  • Dining Room seating approx 35 with modern Kitchen Facilities. Bistro currently opens each Thursday, Friday & Saturday evenings.
  • Fantastic partly enclosed Beer Garden with two instant Gas Heaters plus TV linked to Sky channel.
  • 2 Bedroom Managers residence with private rear yard, plus 6 Accommodation rooms.
  • Ample car parking at front, side & rear.
 
General information 
 
New Correctional Centre opened near Wellington in Sept 2007, 15 kms East of Geurie with 220 full time jobs & inmate capacity of 600.A high number of their employees travel from Dubbo to Geurie areas. Staff numbers have now been fully accepted with possible expansion of inmates likely to increase staff levels over the next 12 months. 
Strong demand for Residential Property in Geurie with short fall at present.  
Opportunity to further develop Food, Gaming & Entertainment. 
Possible Limestone Mine to commence in within 5 kms East of Geurie as advised by company. 
Town Sewage works commenced 2008 with completion expected soon. This will allow residential population to Grow from 500 to approx 750 as advised by local Wellington Council. 
 
Listing Agent
Francois Sylvester - 0412494216
 
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