JLL Hotels & Hospitality Group is delighted to offer for sale the freehold going concern of the Elephant & Castle Hotel in Bathurst, NSW.

Kate MacDonald told WILLIAMS MEDIA, "This is a wonderful entry-level freehold pub in one of the fastest growing regions in NSW. Whilst the hotel’s PME holding sits at 3, it is ranked 5th in the state, out of 45 Hotels with 3 PME’s, indicating enormous opportunity to expand this vital income stream."

Located 200km* west of Sydney, Bathurst is one of the fastest growing inland cities in NSW, with world class entertainment and events, great facilities, a thriving social scene and a rich history. The local economy, underpinned by healthcare, manufacturing and education, remains strong with almost 3,500 registered businesses.

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Source: JLL

The Elephant & Castle Hotel is prominently positioned two blocks from the train station on bustling Keppel Street. COVID-19 has encouraged the current owners to pivot the business, moving away from late trade dominance to a more consistent flow of revenue throughout the week.

At a glance:

• Substantial corner site spanning 1,067sqm*
• Three valuable PMEs without smoking solution
• Average weekly revenues of $35,000*
• Sale includes Hoteliers Licence with late trading authorisation
• Renovated first floor 3-bedroom manager's flat
• Six underutilised accommodation rooms
• Includes large function/entertainment space and adjoining beer garden

For Sale by Kate MacDonald JLL Hotels via Expressions of Interest closing Wednesday 28 October 2020 at 4:00pm (AEDT)

To view listing or for more information click here.

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Source: JLL

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