SOLD
111 Clive Street, Katanning, WA 6317
Living the Dream!
The Federal Hotel complex is up for sale after ownership of 28 years. situated on 4 titles, the first two titles contain the 3 story hotel & lounge complete with 35 accommodation rooms, a manager's 2 bedroom apartment, the main bar complete with an operating TAB and a large function room with an industrial kitchen leading to the dining area and beer garden. The third title contains a 4 unit ensuite motel and the fourth title has a detached drive-in bottle shop complete with cool and storerooms.
The hotel is central to the CBD and has more than required off-street car parking. The current owners have been operating the hotel for 28 years and intend on retiring. The business needs new energy that will increase its gross annual income of approximately over $1 million by promoting the accommodation and reopening the function room with live bands Thursday, Friday, Saturday nights and Sunday afternoons. The purchase price is being offered at less than the current owners paid 28 years ago.
The hotel is central to the CBD and has more than required off-street car parking. The current owners have been operating the hotel for 28 years and intend on retiring. The business needs new energy that will increase its gross annual income of approximately over $1 million by promoting the accommodation and reopening the function room with live bands Thursday, Friday, Saturday nights and Sunday afternoons. The purchase price is being offered at less than the current owners paid 28 years ago.
Property Info
Municipality
Katanning
NEARBY PROPERTIES
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