Ideally located on the Bruxner Highway 55 klm east of Tenterfield the Lunatic Hotel is the heart of the village of Drake. Strategically positioned to capitalise on the increasing volume of traffic between the coastal strip and the New England ranges the Lunatic Hotel offers a range of options to the successfull purchaser.
An excellent turnover is provided through a variety of income streams including 4 poker machines, full dining room, and 3 motel units. The pub is well set up for normal trading or hosting many special events throughout the year which is made easy by the fact that the licensed area includes not only the hotel itself but the carpark and motel area. Hosting events such as the “ride through the bar”, the Drake Big Day out and many other rallies and events. The “Lunatic Hotel” enjoys not only strong local support but a rapidly increasing throughput of tourists keen to survey the memorobilia in the hotel and enjoy the truly unique character the “Lunatic Hotel” offers.
With the hard work completed our vendors are now keen to enjoy their looming retirement and the “Lunatic Hotel” is offerred for genuine sale at a price that, based on the trading figures, makes this the ideal investment property or a great oppurtunity for a lifestyle upgrade.