Bendigo’s much loved National Hotel Complex has come to market, offering a sensational opportunity to acquire a fully refurbished hotel and accommodation complex in the heart of one of Victoria’s largest regional cities. ‘The Nash’, as it is affectionately known, is being exclusively offered for sale via JLL Hotels & Hospitality Group’s Will Connolly and Lachlan Persley via national Expressions of Interest.
Having been meticulously maintained throughout the years, the National Hotel Complex provides operators a true ‘turn key’ business with genuine future upside. The venue provides thoughtfully refurbished trading zones with a large public bar and adjoining alfresco area, family bistro with 100-person seating capacity along with four function spaces. As an additional revenue stream, the venue is significantly underpinned by a thriving accommodation offering, with 24 motel units, outdoor swimming pool and indoor spa facilities and an additional apartment ideal for a manager’s residence. Further options for accommodation are offered via ‘Apartments on High’, a suite of five modern 1, 2 and 3 bedroom apartments ideal for travelling families.
Will Connolly, Senior Vice President, expects the venue to be well sought after as operators look to diversify, commenting “Our Victorian pubs team have fielded numerous calls from some of our state’s most successful publicans this year, advising us of their desire to either expand their current accommodation portfolio or enter the market. The National Hotel Complex provides the opportunity to have the best of both markets”.
Located within minutes to Bendigo’s city centre on busy High Street, the National Hotel Complex dominates its corner position occupying approx. 5,500sqm with an abundance of guest car parking and outdoor facilities on site. With its size and scope comes a healthy patron capacity of 390, complimented by a 1am General Liquor Licence.
Lachlan Persley, Executive, concluding “Given the National Hotel Complex’s enviable mix of established revenue and prime location in the heart of one of Victoria’s largest regional centres, we are thrilled to be provided the opportunity to present such a well-rounded operation to market on behalf of its proud long-term owners”.
The National Hotel Complex, Bendigo is available via national Expressions of Interest closing at 5pm on Wednesday 12 July.
To request a copy of the Information Memorandum please contact one of the marketing agents via the contact details below.
