Denman Hotel & Grapevine - Hunter Valley
- Asking Price
- E.O.I Around $4.9 Million
- Title Available
- Freehold
- Weekly Sales
- $37,700 Per Week Ex GST
- Bar Sales
- $ 20,285
- Food Sales
- Leased Out
- Gaming Income
- $ 9,722
- Accommodation Income
- $ 7,540
- Sundry Income
- $ 210
- No. Gaming Entitlements
- 15 Poker Machine
- TAB
- Yes
- No. Bars
- Single
- Bistro
- Leased Out
- Outdoor Beer Garden
- Yes
- Accommodation
- 17 Motel Rooms 5 Hotel Rooms & 2 Managers Flats
Outstanding Hunter Valley Freehold Opportunity
The Denman Hotel & Grapevine Motel are being offered together or can be sold seperatley. They are being offered by Expressions of Interest in the vacinity of $4.9 Million as a Freehold Going Concern or
E.O.I around $2 Million for the Motel and E.O.I around $2.9 Million for the Hotel. For more information Please contact Francois Sylvester on 0412494216.
- Shows over 18% return to an owner operator
The Denman Hotel
The Hotel has been fully renovated and boasts 15 Poker Machines, TAB & Keno. The Hotel consists of a Public Bar with TAB to the side a seperate gaming room, outdoor beer graden, bistro with indoor & outdoor dining (currently leased - and well operated. The Hotel is well configured to cope with Smoking laws with several breakout areas. The stand alone Hotel has 5 Letting Rooms & a 2 bedroom managers flat.
Adjoing the Hotel is the Grapevine Motel which is on a seperate title. The Hotel & Motel Offer Generous Deprecation Allowances
Grapevine Motel
The Motel was build in 2008 and hosts 17 units. The Motel is fully air conditioned, has Austar to all rooms and undercover parking. The Motel carries a 4 Star Rating above the Motels reception area is a 3 bedroom self contained managers residence. The Motel is of superior quality.
Listing Agents
Rebecca Johnstone - 0414472413
Francois Sylvester - 0412494216
Rebecca Johnstone - 0414472413
Francois Sylvester - 0412494216