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Hotels for Sale in Crookwell, NSW

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CROOKWELL, NSW
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Criterion Hotel Crookwell Established Regional Hotel with Multiple Income Streams
Goulburn Street, Crookwell, NSW, 2583
Accommodation/tourism · Hotel
Leasehold $379,000 + SAV
Positioned in the heart of Crookwell in the NSW Southern Tablelands, the Criterion Hotel presents an outstanding opportunity to acquire an established regional hospitality business offering diversified income streams across food, beverage, gaming, TAB and accommodation.Originally constructed in 1896 and refurbished in 2018, this well-presented double-storey hotel combines traditional country hospitality with substantial facilities and multiple revenue opportunities.The hotel features a welcoming public bar, a 76-seat bistro, commercial kitchen and an enclosed undercover outdoor entertaining area accommodating approximately 50 patrons. Additional facilities include TAB services and four gaming machines.Accommodation is another key feature, comprising nine hotel rooms in various configurations, together with three self-contained apartments operated under a separate lease. This provides flexibility to cater to overnight visitors, longer-term guests and the surrounding regional market.Key highlights:Established regional hotel with multiple income streamsFY2025/26 turnover of approximately $1.93 millionPublic bar, 76-seat bistro and commercial kitchenEnclosed undercover outdoor entertaining area with 50 seatsFour gaming machines and TAB facilitiesNine hotel accommodation roomsThree additional self-contained apartmentsRefurbished in 2018Two leases with further options, providing long-term tenure potentialProminent position in Crookwell's town centreLocated approximately 45 kilometres from Goulburn, Crookwell services a strong surrounding agricultural community while attracting visitors to the picturesque Upper Lachlan region.With established trading operations, diverse revenue streams and accommodation facilities, the Criterion Hotel offers an appealing opportunity for an experienced hospitality operator or an incoming owner-operator seeking a substantial regional business.
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