The iconic Criterion Hotel - Freehold &/or Business
The landmark Criterion Hotel in thriving Trafalgar is on the market and comes with multiple investment options.
Both the Freehold Owner and the Lease Holder of this premier Hospitality Venue have combined to offer the unique opportunity to purchase the Freehold and the Business together, or purchase either of the entities separately.
The Freehold Property is steeped in history and both the Freehold and the Business provide solid returns. Being the only Hotel in town and located on the Princes Highway makes this opportunity quite unique and potentially very rewarding.
Freehold features include:
* Prime corner location on the Princes Highway
* Securely leased until Sept 2028 with further options to 2049
* Total building area approx 1,100m2 over two levels - site area approx. 1,470m2
* Freehold layout includes Upstairs Accommodation (16 rooms), Bistro, Main Bar, Sports bar / TAB Area, Commercial kitchen, Drive Thru bottle shop, Beer Garden
Business features include:
* Long standing, established BUSINESS with solid turnover
* Dine in or take away options
* Currently operating a busy Thirsty Camel drive-thru bottle shop
* Well-appointed Commercial Kitchen with modern equipment
* Exceptionally loyal, long term staff and management
* Opportunity expand bottle shop and offer Drive-Thru coffee
* Live in or rent out the accommodation make it part of the Chef's package!
* Very supportive Landlord.
Trafalgar is a progressive Town that is located on 1.5hrs from Melbourne in the East Gippsland Shire of Baw Baw. With stunning rivers and lakes to enjoy in summer and snow fields at the back yard in Winter, Trafalgar offers year round enjoyment for residents and visitors alike.
With a population approaching 5000 ppl, there is always demand for a good meal, cold beer and a punt on the ponies at the only Pub in Town. An inspection of this property and business is sure to impress.
