Royal Hotel, Balaklava – Freehold & Business – SOLD
This is a rare opportunity to purchase a substantial Freehold and Business or a good Lease in the thriving Adelaide Plains town of Balaklava.
Balaklava is located 90km North of Adelaide and is a busy growing town supporting many businesses and industry and attracting many people from the surrounding areas. The town hosts public and private schools R-12, hospital, supermarket, bank, newspaper, racecourse, golf course, 2 football clubs and many businesses and industries. Many more light industries and farming associated businesses are being attracted to the area.
The Royal Hotel is located in the main business street of the town. It is an attractive building containing a good long bar hosting TAB/Keno and bottle shop, lounge bar with casual dining, 6 machine gaming room. large dining room, 2 x beer gardens, 9 rooms for public accommodation and a large Managers flat. The hotel has traded very profitably for many years and is only being sold so that the owners can retire.