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Shamrock Hotel Chris Tinning & Company Hotel – Motel Brokers, Management and Consultants Apr 18 For Sale Shamrock Hotel 1 Fitzroy Street GREENETHORPE NSW 2809 Freehold, vacant possession, including land and buildings, hotelier’s license, plant & equipment, with stock at valuation. ASKING $320,000 NOW $275,000 117 Byrnes Rd, North Wagga, 2650 Nicholas Tinning 0417 252199 E Mail: [email protected] Web: www.hotelbroker.com.au Real Estate & Business Agents License 314716 Property Report WEB.docx / 1 SHAMROCK HOTEL - GREENETHORPE PAGE 2 INTRODUCTION Chris Tinning & Company has been instructed by Gibbins Pty Ltd; the owner of the Shamrock Hotel at Greenethorpe to sell the freehold and business of their hotel. Ashley & Kylie Gibbins have owned the Shamrock Hotel for the past 3 years and have invested, time, effort and substantial money to improve the facilities of the hotel for the greater comfort of the patrons. During this time the trading pattern of the hotel has been intermittent, also running an orchard and the demands of a young family has taken its toll on the business of the Shamrock Hotel. Currently operating from Thursday to Sunday for very limited hours there is plenty of scope to take this business forward. The tight knit village population swells with tourists for each of Iandra Castle open days. The hotel sits on a large land holding that lends itself to “free camping” or a myriad of other uses. This Property Report contains information that is considered private and confidential. We request that you treat its contents in such a manner. Property Report WEB.docx / 2 SHAMROCK HOTEL - GREENETHORPE PAGE 3 LAND PARTICULARS Address: Shamrock Hotel 1 Fitzroy Street Greenethorpe NSW 2809 Title Details: Lot 5, 6, 18, 19 in Section H of Plan 6279 Lot 7 in Section I of Plan 6279 Land Area: Approx. 4868.9 square metres Land Value: As assessed by the Valuer General - $28,300 & $8,500 as at 1-7-17. Land Tax: Nil: Below threshold 2008, based on a single Holding Basis. Zoning: Village Services: Town water – Cowra Water Electricity - Origin Telephone - Best Telecom Septic NBN (available Sky Muster) Extract from the ABS Property Report WEB.docx / 3 SHAMROCK HOTEL - GREENETHORPE PAGE 4 Shamrock Hotel - Greenethorpe Greenethorpe is a purpose- built town, established in 1908 to house sharefarmers who worked on Iandra, the nearby pastoral station. This was the birth place of share farming in Australia. Iandra Castle is a large homestead 11 km south of the village. This ornate mansion consists of 57 rooms, there is also a blacksmiths, managers’ residence, stables and small gothic chapel. Recent years have seen the Castle opened to the public more regularly and many travel to view this reminder of the manorial system. Located in the Central West of NSW, Greenethorpe is 345km west of Sydney, between Cowra, Grenfell and Young with some of the richest pastoral area surrounding. Greenethorpe includes a general store with post office, public school, art gallery and police station. The large grain silo’s opposite the hotel make the Shamrock the centre of business during harvest. Property Report WEB.docx / 4 SHAMROCK HOTEL - GREENETHORPE PAGE 5 IMPROVEMENTS Erected on the site is single-storey hotel comprising: ► Public Bar ► Ladies parlour (not currently used) ► Lounge with pool table ► Dining Room ► Commercial Kitchen ► 6 guestrooms ► Owners accommodation ► Extensive grounds The general construction is as follows: External Walls Brick with concrete stucco Roof Pitched Corrugated Iron Window Frames Wooden Property Report WEB.docx / 5 SHAMROCK HOTEL - GREENETHORPE PAGE 6 Flooring Timber/Concrete Internal Linings A combination of rendered brick and plasterboard Ceilings Plasterboard and fibro ceilings. General Comment Patron areas have been extensively renovated over the years to provide facilities demanded by today’s customer. Included in this upgrade has been equipment such as a full glycol beer reticulation system, ground level cool room and new furniture. DEPARTMENTS Public Bar Property Report WEB.docx / 6 SHAMROCK HOTEL - GREENETHORPE PAGE 7 Pool Room Dining Property Report WEB.docx / 7 SHAMROCK HOTEL - GREENETHORPE PAGE 8 Kitchen Guestrooms Property Report WEB.docx / 8 SHAMROCK HOTEL - GREENETHORPE PAGE 9 The round table: (Patron smoking area) Rear Yard Property Report WEB.docx / 9 SHAMROCK HOTEL - GREENETHORPE PAGE 10 DETAILS OF TRADE Entitlements: 0 Liquor Serving Points: Public Bar. Licensed Trading Hrs: 5am to Midnight Mon to Sat 10am to 10pm Sunday Drink Charges: 10oz Middie $4.00 15oz Schooner $5.00 Full Spirit & Mix $7.50 RTD Drink –in Basic $8.50 Premium $9.50 Stub six pack $21.00 Bulk Beer Dispensed: Carlton Draught (Coolroom /Glycol) Great Northern 3.5 Carlton Dry Great Northern Original VB Resches Promotion: Limited theme nights Family reunions, wakes and weddings Entertainment: Irregular Solar: 13.5 kW unit - Owned Accommodation: 6 Hotel rooms (currently not let) Food: Wednesday to Sunday Dinner Property Report WEB.docx / 10 SHAMROCK HOTEL - GREENETHORPE PAGE 11 Inventory & Repairs ITEM AGE QTY COST TO US BAUHN 100CM LCD TV 24 MONTHS 1 $ 500.00 GLASS WASHER (15A) 18 MONTHS 1 $ 3,000.00 PIE WARMER 24 MONTHS 1 $ 1,500.00 2000L DISPLAY FRIDGE WITH EXTERNAL MOTOR & COMPRESSOR UNKNOWN 1 $ 750.00 LANCER GLYCOL BEER SYSTEM (6 TAPS) UNKNOWN 1 $ 1,000.00 CEILING FANS 24 MONTHS 2 $ 500.00 SPLIT SYSTEM AIR CONDTIONER 7.1KW 24 MONTHS 3 $ 12,000.00 SPLIT SYSTEM AIR CONDTIONER 4.3KW 5 YEARS 1 $ 800.00 CORDLESS PHONES 24 MONTHS 4 $ 450.00 PEDESTAL FANS 24 MONTHS 4 $ 120.00 CHICKEN ROTISSERIE (15A) 24 MONTHS 1 $ 4,000.00 HOT DOG MACHINE 12 MONTHS 1 $ 1,000.00 MICROWAVE OVEN 5 YEARS 2 $ 400.00 DISHWASHER 18 MONTHS 1 $ 6,000.00 2 X 8L DEEP FRYER (15A) 18 MONTHS 2 $ 2,400.00 100CM GAS GRIDDLE 5 YEARS 1 $ 1,200.00 RANGE HOOD 18 MONTHS 1 $ 900.00 90 GAS / ELECTRIC STOVE 18 MONTHS 1 $ 4,000.00 8 SLICE BUN TOASTER 5 YEARS 1 $ 850.00 COOLROOM MOTOR AND FAN SET 24 MONTHS 1 $ 13,000.00 52 PANEL SOLAR SYSTEM AND INVERTER (13.5KW THREE PHASE) 36 MONTHS 1 $ 28,500.00 800L CHEST FREEZER 18 MONTHS 2 $ 1,500.00 200L UPRIGHT FRIDGE 18 MONTHS 1 $ 600.00 540L UPRIGHT FRIDGE FREEZER 3 YEARS 1 $ 1,200.00 200L CHEST FREEZER 18 MONTHS 1 $ 850.00 VACUUM CLEANER 12 MONTHS 1 $ 200.00 1OOOL HOT WATER TANK 4 YEARS 1 $ 2,400.00 SAMSUNG WASHING MACHINE 10 YEARS 1 $ 800.00 SAM 4S CASH REGISTER 24 MONTHS 1 $ 1,100.00 ALARM SYSTEM 18 MONTHS 1 $ 1,100.00 TRADING HOURS SIGN 18 MONTHS 1 $ 250.00 GAS DEEP FRYER UNKNOWN 1 BUILDING REWIRE, SWITCHES, POWER POINTS, LIGHTS ETC 36 MONTHS 1 $ 30,000.00 EMERGENCY LIGHTING AND FIRE PROTECTION 18 MONTHS 1 $ 5,000.00 COACH LIGHTS FOR EXTERIOR AND SUNSET SECURITY LIGHTS 18 MONTHS 1 $ 4,500.00 350KG BULK LPG INSTALLATION 36 MONTHS 1 ALARM CLOCKS 36 MONTHS 6 $ 120.00 BOUNDARY FENCES AND GATES 36 MONTHS 1 $ 3,000.00 STAINLESS KITCHEN BENCHES UNKNOWN 4 STAINLESS COOLROOM SHELVING 36 MONTHS 4 $ 2,500.00 ALL KITCHEN UTENSILS VARIOUS 200 $ 800.00 STD OFFICE FURNITURE VARIOUS 3 Property Report WEB.docx / 11 SHAMROCK HOTEL - GREENETHORPE PAGE 12 SWIVEL BAR STOOLS 36 MONTHS 12 $ 3,000.00 FIXED BAR STOOLS VARIOUS 2 WICKER SETTING UNKNOWN 1 MODERN SIDE TABLES 12 MONTHS 4 $ 200.00 60CM ROUND TABLES 36 MONTHS 3 SCHOONER GLASSES 18 MONTHS 200 $ 220.00 MIDDY GLASSES 18 MONTHS 200 $ 220.00 WINE GLASSSES 18 MONTHS 50 $ 220.00 SPIRIT GLASSES 18 MONTHS 100 $ 110.00 REGULAR GLASSES 18 MONTHS 50 $ 100.00 POWDER COATED WIRE GLASS TRAYS VARIOUS 20 $ 400.00 2.4M DINING TABLES UNKNOWN 6 $ 300.00 1.2M DINING TABLES UNKNOWN 2 DINING CHAIRS 36 MONTHS 50 $ 3,750.00 LEATHER LOUNGE (2 SEATER) 36 MONTHS 1 $ 2,500.00 LEATHER LOUNGE (3 SEATER) 36 MONTHS 1 $ 3,000.00 OUT DOOR TABLE AND CHAIR SET (2 SEATER) 36 MONTHS 4 $ 400.00 OUT DOOR STEEL TABLE AND CHAIR SET (5 SEATER) UNKNOWN 2 OUT DOOR GLASS TABLE (2.4M) 18 MONTHS 3 $ 1,500.00 PLAIN OUT DOOR CHAIRS UNKNOWN 20 QUEEN BED AND MATTRESS 36 MONTHS 3 $ 3,000.00 SINGLE BED AND MATTRESS 36 MONTHS 6 $ 3,000.00 WARDROBE 36 MONTHS 4 $ 900.00 LINEN VARIOUS HIGH CHAIR 18 MONTHS 1 $ 50.00 INTERIOR ROLLER BLINDS 36 MONTHS 15 $ 4,500.00 REFURBISHMENT OF BAR (NEW BAR, WALL SHEETING, PAINT ETC 36 MONTHS 1 $ 25,000.00 FLOOR COVERING IN DINING ROOM, PAINT ETC 18 MONTHS 1 $ 5,000.00 ALL PHOTOS AND MEMORABILIA REMAINS PATRONS PROPERTY $ 196,160.00 The above has been prepared by the vendor to demonstrate the positive condition of this property that is being offered for sale. Property Report WEB.docx / 12 SHAMROCK HOTEL - GREENETHORPE PAGE 13 FINANCIAL DETAILS The following sales have been extracted from the hotel Point of Sale machine. This is inclusive of GST. You will note the variance in the number of days open each week and the corresponding sales. W/E Bar Food Misc TOTAL Days 19/02/2017 $5,177 $0 $450 $5,627 3 26/02/2017 $2,702 $0 $232 $2,934 4 FINANCIAL5/03/2017 $3,071 INFORMATION$62 $1,163 $4,296 4 12/03/2017 $4,023 $35 $1,844 $5,902 4 19/03/2017 $3,972 $261 $1,339 $5,571 4 26/03/2017 $2,665 $76 $1,318 $4,059 3 PRIVATE2/04/2017 $2,802 & CONFIDENTIAL$274 $1,163 $4,238 4 9/04/2017 $2,814 $275 $1,074 $4,162 4 16/04/2017 $2,826 $392 $1,894 $5,112 3 23/04/2017 $2,424 $220 $1,923 $4,566 4 30/04/2017 $3,252 $400 $369 $4,021 4 7/05/2017 $2,065 $263 $443 $2,771 4 14/05/2017 $2,365 $322 $838 $3,524 4 21/05/2017CONTACT $2,880 $159 AGENT$988 $4,027 4 28/05/2018 $1,708 $68 $547 $2,323 4 4/06/2017 $2,495 $16 $410 $2,921 4 11/06/2017 $2,453 $439 $1,180 $4,072 4 18/06/2017 $1,800 $172 $492 $2,464 4 25/06/2017 $3,338 $128 $641 $4,107 4 2/07/2017 $4,147 $80 $263 $4,490 4 9/07/2017 $893 $92 $366 $1,351 4 16/07/2017 $944 $224 $279 $1,446 3 23/07/2017 $1,774 $109
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