The Phone Code for this property is: 94207. Please quote this number when phoning or texting.

FANTASTICE OPPORTUNITY TO OWNER /OPERATE A WONDERFUL PROPERTY IN A PRIME SPOT IN A GROWING REGIONAL TOWN JUST OVER ONE HOUR FROM PERTH CBD.

Current owners are beyond retirement age and have reluctantly placed this property / business for sale. The property is fully restored, wired and plumbed with a fresh exterior paint in heritage colours in 2024, ready to welcome the caring new owners to the next stage of adventure. 20 letting bedrooms all ensuited and air conditioned, bar / restaurant plus beer garden, conference room, fully fitted kitchen, 2 cool rooms and with all furniture and commercial facilities included in the sale. Lovely owners' apartment on first floor with verandah. Accommodation is currently trading. Restaurant and bar closed since Covid.

The York Palace Hotel was built in 1909 and reflects the best solid classical construction of the time. Located with frontage on Avon Terrace the property has high visibility with three street exposures. The front 120.8m faces the main street of York, WA's thriving inland tourist town just 97kms from Perth. The total land area is 2,883 sqm.

Extensive renovations took place in the late 1990s, providing for 5 heritage decorated bedrooms with ensuites upstairs . All electrical wiring, plumbing and air-conditioning / heating throughout the building was renewed at this time. Fully fitted and equipped commercial kitchen was also installed with this renovation. The lead light windows and original jarrah staircase were retained. Gas is LPG. A detailed photographic record of the reconstruction of the hotel is available to view.
The property holds a current unrestricted tavern licence.

PRINCIPAL BUILDING
The hotel now presents with the features of the original building - stained glass windows, jarrah staircase, high ceilings, fireplaces, pillars and original doors - plus wide verandahs with views on two sides. The whole building benefits from ceiling fans and reverse cycle air conditioning in each room.

UPSTAIRS COMPRISES

* 5 spacious elegant bedrooms with ensuites (2 including with spa baths)
* Generous owner/manager's apartment, comprising sitting room with verandah access and kitchen with open servery to the dining area , plus a large king bedroom, and bathroom with separate shower, spa bath, handbasin and toilet. This overlooks the motel units and carparks.
* Staff bedsit with private access off a rear exterior staircase. Contains a queen bed, sitting area plus sink and food prep area with fridge. There is also a bathroom with shower, toilet and handbasin and tiled floor.
* A further room / service/storeroom / or a guest lounge
* All upstairs completed with carpets fully fitted.

GROUND FLOOR

* 50 seater air conditioned restaurant with superb fitted bar and two sets of four fold glass doors opening onto to Avon Terrace and al fresco area
* Conference /function room with bi-fold doors opening onto
* Beer garden
* Private dining/meeting room leading off front lobby
* Back office with secure strong room safe. * Fully fitted commercial kitchen. Crockery, glassware and kitchen equipment (including almost new pass-through washer) is included
* Beer coolroom with fittings for 6 beer taps
* Pantry coolroom
* Male / female toilets off beer garden

ANCILLIARY MOTEL

* Purpose built block for linen and cleaning supplies & storage
* Separate laundry with sink, washing machine and dryer
* 15 self contained top quality bedrooms constructed in 2009 facing Macartney Street, adjacent to the main building . Each unit has a spacious bedroom with king bed, wardrobe, desk/chair plus settee plus ensuite with rain shower and modern fittings. Each room has a dedicated car space adjacent with some additional spaces for extras. A pair of glass doors open onto a seating area for each unit. One room has been fitted to suit the requirements for disabled access. All rooms have reverse cycle air conditioning.

FURTHER INFORMATION
York hosts many festivals and events, including the annual Motor Cycle festival, Vintage Motor festival, Avon Valley Arts and Events, Heritage weekend, Medieval Fayre and numerous well attended events at the town hall during the year, all bringing guests requiring accommodation and/or meals during their visit. York is a member of Destination Perth and has the strong support of the WA Tourism Association plus a vigorous Visitor Centre, serving visitors to the region. During the spring months, the town is packed over several weeks with tourists flocking to see the canola fields in flower and the local wildflowers.

York has a strong tourism reputation with day trippers and overnighters exploring the Avon Valley.
In common with many rural towns, it has recently experienced a surge in property prices due to the upward pressure and shortage of housing in the city and surrounds. This influx has had the effect of revitalising the town, with many new businesses starting up. The local agricultural firms also have the York Palace as their choice of accommodation for visiting staff and visitors. Conference work is also another revenue stream. York Racing also hosts 5 racehorse events per year.

The current owners are in their late 70s and are now looking for a little more leisure time. The sale is freehold property with all commercial furniture & fittings. The owners' personal furniture is excluded. The restaurant has been closed since the Covid issue and presents a fabulous opportunity for a couple to grow this side of the business in a growing town with massive visitor and local support just over an hour from Perth.

INSPECTION IS STRICTLY BY APPOINTMENT. UNRESTRICTED TAVERN LICENCE IN PLACE
The financials are available only with inspection of the property.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.