The handsome Tottenham Hotel in ‘The Soul of the Centre’ is being sold, offering an entry level going concern opportunity.
A classic two-storey corner pub with full wrap-around veranda, construction on the hotel was completed in 1931. It resides on a sizeable 2,023sqm lot and lays claim to being the only licensed hotel in town.
Tottenham is found 165 kilometres west of Dubbo, and just 33 from the cairn* that marks the geographical centre of New South Wales. The area specialises in production of grain, lamb, wool and beef.
The locals’ pub features main bar, commercial kitchen and bistro, gaming with three machines (entitlements), beer garden, 13 accommodation rooms and a three-bedroom manager’s residence with air-conditioning and full amenities.
Presentation of the property has been “in keeping with the old-world classics” of the period, showcasing its detailed architecture, timber work and craftsmanship.
Marketing reports the business is a solid trader across all departments, generating circa $23k in weekly revenue (FY23).
The asset also includes a fully functional and redressed two-court squash centre, which could be operated as a separate commercial venture or be leased out.
Selling the property is Tom Cutcliffe, who declined to comment on the sale. He has engaged Manenti Quinlan & Associates in conjunction with Moore and Moore Real Estate for the campaign, who describe the old pub as “stunning”.
The freehold going concern is on offer for asking price of $1.85 million.
*A cairn is a human-made pile (or stack) of stones raised for a purpose, usually as a marker or as a burial mound
