Railway Hotel Motel, Peterborough – Lease (Freehold Available)

What a gem!

The main hotel for Peterborough and the surrounding areas. This hotel is a significant property. It is an impressive building both inside and out oozing the charm of a bygone era and presenting all the amenities of a large provincial hotel.

The hotel boasts a good sports bar with TAB/Keno, large well appointed dining room with own bar, attractive 20 machine gaming room ( approved for 27 machines),  5 excellent motel rooms with room to build more and 14 good standard hotel rooms, a large 2 lane drive thru bottleshop, 2 bedroom managers residence with modern bathroom complete with spa.

Peterborough was settled in the 1870’s to service the agricultural and pastoral industry. The railway arrived in 1881 and is now a significant tourist drawcard. Peterborough is a town steeped in history with many large significant buildings including the Railway Roundhouse – the largest in the Southern Hemisphere, the Town Hall – largest in rural South Australia and the imposing YMCA building. The railway history of Peterborough has been collected in the tourist attraction of ‘Steamtown’ located in the original railway workshop.

The Railway Hotel Motel is situated in the centre of the main shopping area of the Main Street. The main road is a busy road containing most of Peterboroughs shopping and service areas of banks etc .It is the main road for travellers passing East West and North South across Australia, the Flinders Ranges and on south to the Clare Valley. The town is also a service point for the local and surrounding farming and mining areas and a popular base for many professional and trades people. With a population of 1,500 people provides significant services to the surrounding areas including a variety of retailers, schools, supermarket, hospital, motels, TAFE, 2 golf clubs, ovals and churches.

Asking Price $395,000 + stock