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The Armatree Hotel Is Now For Sale For $ 1.2 Million | Daily Central West

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One of the most popular pubs in the New South Wales area is now on sale with a price tag of just over $ 1 million. The Armatree Hotel will change hands with an asking price of $ 1.2 million. It is sure to attract serious offers from interested parties across the country and some urban investors who may be looking to venture into the New South Wales region. The hotel has a solid reputation for being a popular watering hole, winning the AHA NSW Excellence Awards for Best Bush Pub in 2018 and 2019. It is understood that the hotel is entering the market at a time when demand for active regional hotels and motels is reaching unprecedented heights. After being built in 1929, the hotel has undergone a serious restoration to retain the classic exterior and bring a more modern interior to the iconic pub since its purchase by Ash and Lib Walker in 2007. “We had a vision to bring back the old hotel to life and create a destination pub that not only specializes in traditional country hospitality, but brings live music and comedy to our backyard area, ”said Ash Walker. “It’s been a great trip over the past 14 years and we’re really proud of what we’ve accomplished, but now it’s someone else’s turn to take over this iconic pub and leave their mark on a piece of history, “he said. The hotel is being sold by Chris Kelly, specialist at ResortBrokers NSW Central West, who admitted that there is already a strong interest from operators and investors who seek to flee the capitals and settle r in the country. “The Armatree Hotel is one of those classic pubs with accommodation that is sort of a tourist destination in its own right and it is also reaping the benefits of the boom in domestic and road tourism,” he said. . “These properties which can provide a pub, bistro / restaurant and a place to stay, all under one roof, are popular with domestic tourists due to border restrictions and overseas travel restrictions.” Experienced accommodation operators and unions are well aware of this and they are actively seeking this type of regional strength. Hotels and motels, in particular, are at the top of their wish lists. The hotel has eight accommodation rooms of varying sizes as well as camping sites with and without electricity on site. It also has a classic country bar and commercial kitchen. “While we receive inquiries from experienced operators, this would also be suitable for someone who is new to the game or like a managed investment under management or with the hotel lease sold,” Kelly said. “The Armatree not only attracts the very diverse local community, but is a great asset to guests from across Australia. In this current market, the motel is visited by people looking for a rural getaway. “Over the past few years the entire hotel and motel has undergone a complete facelift and it is a full-fledged business operation operating at a high standard.” Our reporters work hard to provide local and up-to-date news to the community. Here’s how you can continue to access our trusted content:

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