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10 Victoria Street
Ballarat Central VIC 3350
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10 Victoria Street Ballarat Central VIC 3350

  • Hotel, Motel, Pub & Leisure
  • 480 m²
  • For Sale, LEASEHOLD $165,000

MUNSTER ARMS HOTEL, BALLARAT - LEASEHOLD INTEREST - PRICE REDUCED TO $165,000.

    A truly authentic Irish theme pub prominently situated in a Bakery Hill (Ballarat) heritage location. Compact, easily operated and maintained premises, main street location with excellent indoor and outdoor areas and facilities. It comprises merging bar and dining areas with common service area bar and extensive outdoor permit area. Upstairs there is a 4 bedroom flat suitable for use as a licensee's residence or office space.

    The present tenant will be sorry to relinquish this most attractive leasehold pub, which has a long lease at a reasonable market rent and usual lease terms and conditions.

    The hotel trades 7 days per week with lunch provided on Wednesday, Thursday, Friday & Sunday and dinners 7 nights. Bands play on Sundays approximately once a month. The present licensee chooses to trade for limited hours on some days, however longer trading hours are permitted which would no doubt result in increased trade and profitabiity.

    The trade presently averages about $14,000 per week evenly split as to food and beverage sales.

    There is nothing for a new operator to do but move in and continue a successful operation. We consider that this business would suit either a stand alone operator or become part of an existing hotel group.

    Please contact us should you require further information or wish to arrange a formal inspection by appointment.

    Warren Young - Ronald Young & Co - 0407 042 407

    Ronald Young & Co
    Ronald Young & Co
    40 Ormond Rd
    Eaglemont, VIC 3084

    Property Highlights

    Floor AreaAsk Agent
    Land Area480 m²
    ParkingOn street parking
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018939666
    Category
    Last updated  10 Oct 2024
    Map for 10 Victoria Street Ballarat Central VIC 3350
    Ronald Young & Co
    Ronald Young & Co
    40 Ormond Rd
    Eaglemont, VIC 3084

    Property Highlights

    Floor AreaAsk Agent
    Land Area480 m²
    ParkingOn street parking
    Building TypeWhole building
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2018939666
    Category
    Last updated  10 Oct 2024

    Listed by

    Ronald Young & Co
    Call
    0407 04 2407

    More about 10 Victoria Street Ballarat Central VIC 3350

    10 Victoria Street Ballarat Central VIC 3350 is categorized as Hotel, Motel, Pub & Leisure Property. It has a land area of 480 m². The listing ID for this property is 2018939666.

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