Commercial space in Newcastle Central

Souvenier Bed & Breakfast Prime Investment Opportunity in Newcastle Central

Welcome to Souvenier Bed & Breakfast, a well-positioned commercial property located in the heart of Newcastle Central, just minutes away from the Newcastle Private Hospital and key local amenities. This property offers excellent potential for investors or entrepreneurs looking to revive and reposition a once-thriving hospitality business.

The establishment features 12 neat and fully furnished ensuite guest rooms, designed to accommodate both short- and long-term stays. Upon entry, guests are greeted by a welcoming entrance hall leading into a reception area and office, ideal for administrative operations.

Additional facilities include:

Separate male and female ablution facilities

A spacious dining hall perfect for guest meals or private events

A large, fully equipped kitchen

A cozy bar area

A storage room for supplies and stock management

Ample parking space for guests and visitors

The property also comes with a fully operational, licensed bottle store, offering an added revenue stream.

While the premises are in good structural condition, the business would benefit from some attention and strategic redirection. The current clientele primarily consists of local community members purchasing from the bottle store. However, the location, infrastructure, and layout offer immense potential to reposition Souvenier as a boutique guesthouse, corporate lodge, or mixed-use hospitality venue.

This is a fantastic investment opportunity for an owner with visionready to restore Souvenier to its full potential and capitalize on Newcastles growing accommodation demand.