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Melville Hotel - Yorketown

PLEASE NOTE

The Melville Hotel is currently closed and is being offered on either a Leasehold or Freehold basis. The offering is subject to transfer of ownership to the Vendor via an Estate. Photos, even though they are of the subject property are historic and are for illustration purposes only due to the hotel's current closed status.

The Property

  • Prominent imposing double storey character laden hotel
  • 3 street access on a large land holding of some 4,300m2
  • Multiple bars, dining & bistro areas
  • Substantial, main street front, walk-in bottle shop
  • Motel units at rear of property
  • Substantial private accommodation to first floor
  • Modern refurbished kitchen
  • 20 Gaming Machine Entitlements

The Particulars

  • New Lease to be offered on very attractive terms with minimal in-goings
  • Freehold sale would be considered

The Commentary

The Yorke Peninsula has for many years been the 'go-to' for families, tourists, fishers and adventurers and remains one of South Australia's primary tourist areas.

Yorketown, being only some 230kms from Adelaide, has always been regarded as one of the Peninsula's main towns. A thriving service centre town surrounded by barley, wheat & sheep farming has seen a steady district population which has created a proud community township.

The Melville Hotel for many years was the primary hospitality venue in the area, being a popular dining, gaming and meeting place for locals and visitors alike. Housing a large walk-in bottle shop accessible via the main street, the hotel has always had an ability to derive multiple income streams.

Due to unforeseen circumstances, the previous Lessee was unable to continue in operation, therefore the hotel was closed.

The Vendor is keen to offer an opportunity to a suitably qualified and equipped party. Extremely attractive terms will be negotiated with the successful lessee, ensuring every chance of success moving forward.

Offers to purchase the Freehold, together with plant & equipment, licences and gaming entitlements will be considered (please note that GST would be applicable in this instance).

A wonderful opportunity to enter the hotel industry.

Method of Sale - PRIVATE TREATY (For Sale)

Please contact the exclusive agent for further details.


Categories:
Settled

Listing Code:
AHC00582

Location:
1 Minlaton Road, Yorketown
South Australia

Property Type:
Freehold & Business

Pricing Details:
P.O.A
For further details on this property please contact Aleks Bojanic
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