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Hotel/Leisure For Sale found in SYDNEY SURROUNDS (METROPOLITAN), NSW

ARCHIBALD HOTEL

Hotel/Leisure

The Sale of the ARCHIBALD HOTEL – represents an outstanding opportunity to take advantage of the hotel / pub / development market as a leased investment with development upside on residual land.
The property is currently leased for a further nine (9) years with a gross income of $240,000pa and a total land area of 8,347sqm which includes surplus land allowing for further expansion / development subject to council approval.
Leased to one of the North Western Sydney's most progressive hospitality operators, the Archibald Hotel; a thriving family hotel on the boundary of the Sydney Metropolitan area. The Archibald Hotel continues to take absolute advantage of the growing North Western residential growth corridor and weekend tourism trade.
The Hotel has nine (9) electronic gaming machines entitlements, contains a Bar, Restaurant, Function Room, Five (5) Short Stay Studio’s, Managers Apartment and large Beer Garden.
The property is to be sold by way of Public Auction on the 1st December 2016.

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Price: Contact Peter Seeto 0400 222 666    Building: 1054m²    Land: 8300m²    Occupancy: Vacant

Suburb Summary -

Below you will find the average advertised Sale Price, Rent & Yield for this suburb.

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list on Commercial Property Guide.
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