JLL Hotels & Hospitality Group is thrilled to offer for sale the leasehold interest in Hotel Bargo, located in Bargo NSW. Excellently positioned in a high growth region south-west of Sydney, the venue presents as an excellent opportunity to acquire a lucrative hospitality business underpinned by 26 gaming machine entitlements.

Positioned on an enviable 5,179sqm block, Hotel Bargo enjoys an immediate catchment area comprising of 4,300+ residents and is directly positioned opposite Bargo train station. The Hotel boasts impressive trading fundamentals, including 26 electronic gaming machines, 10 accommodation rooms, impressive bistro area, functional public bar and modern kitchen. The venue enjoys an expansive 2,000sqm lawn area that is perfect for events and patron experiences.

On offer is a 14+ year lease (inclusive of options) providing ample tenure for an incoming operator to drive business growth. The kitchen operation has recently returned to the business after being leased and is continuing to grow with recent sales exceeding $14,000 a week. This figure is expected to grow with local patrons evidently supporting the change of kitchen management. Gaming revenue continues to underpin the operation, with average net revenue exceeding $31,000 per week. There is substantial upside in driving the accommodation component of the business as well as stronger engagement with the community.

Publican Lloyd Segerstrom has formally engaged brokers Greg Jeloudev, Edward Browne and Ben McDonald from JLL to lead the campaign, citing other interests as the catalyst for divesting. Mr Jeloudev notes ‘Rarely do we see such attractive leaseholds come to market in close proximity to Sydney. Given the inherent mix of trade, large footprint and excellent presentation, we are expecting strong interest from metropolitan operators and regional hoteliers alike.’

The township of Bargo is located in the Macarthur region, a short 100km south-west of Sydney and comprises a mix of residential housing and rural property. The town is quickly becoming an attractive alternative to larger metropolitan cities due to its position and value proposition.

The leasehold interest in Hotel Bargo is being offered via Expressions of Interest closing Tuesday 4 April at 2pm. All interested parties are to contact the exclusively appointed undersigned agents.

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For more information contact the agents via the contact form below.