Bathurst Elephant & Castle Hotel sold by Kate MacDonald JLL Hotels & Hospitality Group.
JLL Hotels & Hospitality Group is excited to announce the sale of Elephant & Castle Hotel in Bathurst.
The hotel was sold on behalf of long term private owners, Campbell and Annette Gibson, along with their business partners. The Gibson’s are delighted with the sale and are looking forward to a sea change after 14 years in the saddle at the Elephant.
The sale includes 3 gaming machines (ranked 4th out of 42 pubs in NSW with 3 GMEs), 6 underutilised accommodation rooms, a large managers residence, beer garden, and occupies 1,067sqm on a prominent corner of bustling Keppel Street.
The Elephant was acquired by an experienced partnership of publicans who have grand plans for the picturesque hotel including, but not limited to, a major internal renovation.
JLL Hotels continue to navigate current market conditions and create value for our trusted clients, driving transaction results at all levels.
We have more off-market hotel transactions to announce shortly. If you are looking to discreetly sell your hotel, or wanting to buy, then confidentially speaking to our team of brokerage specialists will provide you with an important strategic advantage.
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