A popular watering hole for locals and visitors alike, the Royal Hotel was built in 1858, making it the oldest hotel in the Snowy Mountains region.
Heritage listed in 1988, it forms part of Cooma's historic Lambie Street walk - a feature that helps to bring plenty of customers through the door.
It's also the only pub in Cooma which still has the verandah wrapping around the entire frontage of the building.
Iconic Australian pub
Great location, on the corner of Sharp and Lambie Street
Local landmark, built in 1858
Comprises public bar, sports bar, dining area and games room
Fully licensed front verandah
14 guest rooms, ranging from singles, to doubles and doubles with a single bed
Great pub grub from the Royal Bistro
Entertainment every Saturday and Sunday afternoon
Excellent website and Facebook page
Great online reviews
Separate managers quarters with backyard
Leasehold with first right of refusal on the freehold.
Full TAB and Keno Facilities
This well established and successful business offers plenty of options.
With all the hard work done, and a proven clientele, it would be a great investment for someone looking to get into the hospitality business.
The largest town in the Snowy Mountains region, Cooma is the gateway to the state's alpine area. Thousands of visitors pass through the town on their way to and from the snow, stopping off to enjoy the Royal's famous hospitality.
Cooma also allows easy access to Canberra, and the Sapphire Coast.
Leasehold price: $350,000