RWC WA has been retained exclusively to offer for sale the Freehold Going Concern - Chequers Hotel and Red Roof Liquor, located in the outer metropolitan suburb of Bullsbrook.
Chequers Hotel is being offered for sale for the first time in 23 years and presents a rare opportunity to acquire a well known food and beverage venue a large format liquor store and surplus land that offers astute investors exceptional opportunities for repositioning and value add potential.
Key investment highlights:
• Highly visible and strategic location with frontage to Great Northern Highway
• Substantial land holding totalling 11,513sqm
• Building improvements include: large single level hotel, managers unit, large format retail liquor store and drive through
• 6 detached motel units
• 3 leased commercial/retail units located at the rear of the hotel
• Surplus land
• Significant cashflow
• Hotel Licence and Liquor Store Licence
The site also represents a major 'Town Centre Development' opportunity.
Improvements:
• The Chequers Hotel comprises a hotel, restaurant/bistro, lounge bar, saloon bar, sports bar, function centre, band area, alfresco, courtyard, managers accommodation, eight accommodation rooms, modern commercial kitchen, expansive verandahs and office
• There is also a detached block of six modern motel rooms all with ensuites
• Red Roof Liquor is a stand alone liquor superstore containing a large 150sqm display coolroom, a built in freezer (ice) and a drive in area which is under canopy
• There are three commercial units at the rear of the property having a total lettable area of approximately 240sqm
Land area:
• 11,513sqm* representing a major Town Centre development opportunity.
Hotel Licence:
• Hotel Licence No. 6010001263
• Trading hours are in accordance with Section 98 of the Act
• Trading conditions are in accordance with the provisions of Section 41 of the Act as it relates to a hotel licence
Liquor Store Licence:
• Liquor Store Licence No. 601000126
• Trading hours are in accordance with Section 98D of the Act. In respect, only liquor stores located in the metropolitan area are permitted to trade on Sundays
• Trading Conditions are in accordance with the provisions of Section 47 of the Act
Accommodation numbers:
• The maximum number of persons permitted to be on the licensed premises (Chequers Hotel) at any time is 400 persons.
For further information, or to book an inspection, please contact the agents below:
Phil Zoiti
RWC WA
M: 0419 993 656
E: phil.zoiti@raywhite.com
Brett Wilkins
RWC WA
M: 0478 611 168
E: brett.wilkins@raywhite.com
*Approximate
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