Ballimore Inn is a well maintained single story brick building with indoor, outdoor covered and yard patron/entertaining areas along with accommodation facilities. Fully trading as "Hair of the Dog" single bar hotel, Ballimore Inn is offered as a commercial ownership opportunity with current lease in place to the operating entity providing gross rent of $72,800 pa plus gst and outgoings, $1,400 per week, with yearly 'market rent' reviews for the remaining two years. 7 room accommodation is currently utilised by the current operator. The property on two blocks offers the possibility of expansion of accommodation on the second to the purchaser (stca). Ballimore is centered in the Central-West Orana Renewable Energy Zone and has outstanding future possibilities
Outgoings include, building and contents insurance for full recovery.
The current lease for this going concern expires on 11 September 2027 and is registered on title.
Features:
Recent commercial kitchen fit-out included in sale along with general lessor's property extensively detailed within the lease.
7 bedroom accommodation.
Inn's Eatery is very popular with locals & visitors with solid indoor and outdoor meal trade
Popular travel stopover and camping/caravan location.
A traditional style Australian hotel, the Hair of the Dog Inn services the local community along with travelers and farming community. Freehold property with modern fit-out and services provide the operator with the essential utilities and necessities to run a contemporary hotel and eatery.
Providing excellent returns through an extensively documented and registered lease the property provides a structured entry point to commercial property investment. The property and full list of inclusions are offered as a walk in / walk out ownership holding. At end of current lease a fresh lease may be negotiated with the current lessee or fully equipped hotel ready for owner or new operator.
Hair of the Dog Inn has been thoughtfully leased and inspection by appointment is recommended.