ROBERT BURNS HOTEL, 376 Smith Street, COLLINGWOOD, VIC 3066
ROBERT BURNS HOTEL, 376 Smith Street,
COLLINGWOOD, VIC 3066
Size
419m² (approx)
PRICE
Contact Agent
PRICE
Contact Agent
PROPERTY ID
AU-5591823-1
Offers to Purchase
For Sale/Lease - Hotel/Leisure
ROBERT BURNS HOTEL
Highlights
Undergone significant CAPEX
High quality location
Consistent weekly revenues
Overview
CBRE Hotels are pleased to offer the business and leasehold of the Robert Burns Hotel in trendy Collingwood.
King Investment Highlights:
- Undergone significant CAPEX in the last 18 months
- Much loved pub with good layout and impressive amenity providing a central island bar servicing front public areas, private dining, function spaces, a chefs kitchen connecting the bistro and beer garden at rear and additional function/dining space on the first floor
- Revenues consistently at $30,000 per week and climbing*
- Good departmental splits of 42% Food and 58% Beverage
- Over 17 years tenure remaining on the lease with a full MRR in Sep 2022
- High quality location with great accessibility, large volumes of residential development and foot flow pedestrian traffic in the immediate area
*Approx, as supplied by vendor
