The "Bidgee" Hotel Narrandera Leasehold

THE "BIDGEE" HOTEL NARRANDERA

FOR LEASEHOLD SALE $350,000 + SAV

CLASSIC CORNER COUNTRY HOTEL

VERANDAHS TO BOTH STREETS

IMPRESSIVE BUSINESS FIGURES WITH ROOM FOR GROWTH

20 YEAR TERM

NET PROFIT AFTER RENT $300,000

SALES $2.5 MIL PA

RENT $115,000

The Murrumbidgee Hotel sits on a prominent corner of the main street of Narrandera, a popular tourist stop on the intersection of two major highways: the Newell (the north-western route from Victoria to Northern NSW and QLD) and the Sturt Highway (linking Sydney to South Australia). These highways carry a large volume of tourist and business traffic with the travelling time from the major centres making Narrandera an ideal stopover. 

The "Bidgee" Hotel as the locals call it, consists of the original two storey brick hotel with covered timber verandah to the street frontages dating back to 1910. Adjacent to this building is a single storey function room and designated drive-in bottle shop.

The current lessee/operator took over the property in an unfurnished mess. The hotel had been closed by a former owner after removing the gaming machines. Recognising the opportunity to return the business to its former glory the current lessee has re-furbished and repaired the patrons' areas, returning the business to its former levels.

Narrandera locals have embraced the return of their lost pub, impressed by the efforts and the results, they have returned in droves. The single service public bar is well stocked and well patronised. With seating for 80 in the Dining room, and more options in the lounge area, function room and beer garden the commercial kitchen is kept busy serving up their popular pub food. They even offer home delivery during dinner service times. Tourists also rave about "The Bidgee", citing great meals and atmosphere and happy friendly staff in their on-line reviews.

The large sunlit function room, with its own bar, opens onto the lawn area with a children's playground. The beer garden, a pool room and keno facilities round off the full renovation of the ground floor of this thriving business.

Beyond the beer garden is the only drive through bottleshop in town, its impressive sales adding to this solid business.

Upstairs, still needing refurbishment, there is a 2-bedroom managers residence, 10 hotel style rooms and 2 bathrooms. Investing in this space would allow the new leaseholders to take full advantage of Narrandera's accommodation shortage, exacerbated by the nearby JBS Abattoir, extensive fruit and nut farms and new large scale solar projects.

Narrandera is an attractive town at the gateway to the rich Murrumbidgee Irrigation Area. Narrandera's Town population is 5,000 with many more in the surrounding district. 

The surrounding strong rural community provides the economic base for the town. A full commercial strip shopping district and associated service, industrial and manufacturing industries are located within the town. Full schooling, medical and community services are provided. 

Narrandera is located just 100km west of Wagga Wagga, the largest inland city in NSW (pop est 70,000) and 550km southwest of Sydney and 430km northwest from Melbourne. While its convenient location bordering the Mitchell and Newell highways may be the reason for so many tourists stopping, Narrandera's local attractions entice them to stay.

The Water Tower mural puts Narrandera on the popular Silo Art Trail map. The Lake Talbot complex with its fantastic swimming amenities and new skywalk, is flocked to by nearby Wagga residents as well as tourists from further afield. There are walking trails, wetlands and of course the Murrumbidgee River with sandy beaches and quiet fishing spots.

Narrandera hosts great annual events, boosting the town's population regularly, including the Narrandera Rodeo in February. Glimmering chrome fills Narrandera over Easter as vintage cars come to town for the annual Narrandera Rod Run Event. The tasty Narrandera Farmers' Market is monthly. Meet Australia's cutest koala colony at the Narrandera Koala Festival - a weekend of epic bushland experiences, wildlife encounters, and nature-fuelled fun in the Riverina.

The Bidgee Hotel is "a ripper of a business", in a tourist centric town. There is further room for a motivated business operator to grow the sales of this well performing business, through an upgrade and promotion of the accommodation sections of the hotel.

So don't miss the chance at this solid business call us today on 0417 252 199.