JLL Hotels & Hospitality Group is delighted to exclusively offer for sale the freehold going concern interest in The George Hotel, Bathurst.

The impressive venue comes to market boasting solid trade underpinned by a healthy mix of revenue. Averaging $62,000 in weekly sales, the corner pub includes a valuable 24-hour hoteliers licence. The syndicate of local owners view the buoyed market as an opportune time to sell, particularly with Bathurst continuing to boom with huge infrastructure spend.

The partnership has exclusively appointed JLL Vice President, Kate MacDonald and Executive Greg Jeloudev to offer the venue to market via a 4-week Expressions of Interest campaign.

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The George Hotel is located in the Bathurst’s town centre, directly opposite the historic Machattie Park.

The architecturally designed hotel has recently been refurbished and features a light-filled front bar, bistro dining, lounge and fireplace setting, private function areas and 18 ensuited accommodation rooms. Positioned on a large 1,252sqm corner lot, the landholding includes flexible planning regulations with a 2:1 FSR and 12 metre height restriction.  

Situated 200km from Sydney, the city of Bathurst is steeped in local history and is contrasted with modern bars, restaurants and cultural offerings. Famous for Mount Panorama, one of the world’s most popular motorsports circuits, the city hosts a number of international racing events, including the Bathurst 1000. In terms of development, the regional city is currently experiencing a huge infrastructure boom with a new Town Center Master Plan, Aerodrome and Medical Centre all being constructed in the coming years. This complements significant residential and commercial development occurring at the Gateway Bathurst and Laffing Waters estates.  

JLL Vice President Kate MacDonald cites the geographic location and sound investment fundamentals will spike buyer interest.

MacDonald notes, “The George is an exceptional entry-level opportunity for operators looking to invest in a freehold going concern. This pub has the foundations and size to achieve well over $100,000 per week in trade now that COVID restrictions are a thing of the past”.

Expressions of Interest for The George Hotel are sought by Thursday 21 April 2022 at 4pm (AEST).

To request a copy of the Information Memorandum please contact one of the marketing agents JLL Vice President, Kate MacDonald and Executive Greg Jeloudev via the contact details below.

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