Indicative price range $1,300,000 to $1,430,000
An outstanding opportunity awaits to acquire a landmark Beechworth property - The Empire Hotel.
This remarkable freehold establishment is situated in one of Victoria's most vibrant tourism destinations. The Empire Hotel stands as a modern, top-tier hotel and culinary destination, and is strategically positioned in the heart of Beechworth on the corner of Camp and High Streets.
Following a high-quality refurbishment, the Empire Hotel offers a comprehensive range of services including bar, dining, functions, and accommodation and is licenced for 341 patrons.
The ground floor is expansive and licenced for 186 patrons. The public bar area is well appointed including a long bar and features a granite stone open fireplace whilst there is a curbside allowance for 16 seated patrons. The keg room is modern and is fully owned and unencumbered by existing brewery contracts.
The restaurant is well-recognised as a gourmet destination. The commercial kitchen is first rate and comprises food preparation, dishwashing and cooking areas, along with deep fryer, grill, gas cooktop, two commercial combi ovens, commercial rangehood and cool and dry store rooms.
Upstairs is licenced for 55 patrons (internal) and accommodation provides six individual guests rooms, male and female bathroom amenities, breakfast and sitting rooms, plus the manager's two bedroom private accommodation. Additionally, there is a scullery and of course, the grand wrap-around veranda overlooking the town licenced for 97 patrons (external).
Did we mention the substantial second walk-in cellar?
A complete inventory of the high-quality fixtures, furnishings and equipment is available upon request.
Beechworth is a consistent recipient of recognised tourism awards and includes popular attractions such as the Murray to Mountains Rail Trail, Old Beechworth Gaol, Lake Sambel and Lake Sambel Caravan Park, The Burke Museum, Woolshed Falls, Beechworth Honey, Beechworth Bakery, Billson's and Bridge Road Brewery…just to name a few.
Versatile options for the sale of the property including vacant possession, WIWO or the possibility of a going concern.