Royal Hotel
Royal Hotel
Leasehold $375,000
SOLD - Royal Hotel, Barham NSW - 1P0016
Agent
Ian McDonald
0408217734
Royal Hotel
Leasehold $375,000
EXCLUSIVE TO MHB
Priced to sell by motivated vendors!
Offering an excellent Leasehold business and lifestyle in one of NSW most popular tourism destinations.
Key features:
* Excellent 85% (approx.) Buyers Yield
* 5 x PMES
* Multiple income streams
* Very good tenant / landlord relationship
* Solid trading Hotel in a strong country town.
* Plant & equipment in excellent condition
* Consistent trading history with 2020/2021 T/O approx. $3M
* Currently run by a dynamic partnership
Very good lease terms with the landlord agreeing to extend the current lease to 20 years upon sale.
Well located in a strong contracting and tourist area the hotel benefitting from the diverse clientele – locals, day trippers, tourists and contractors.
The Hotel has a good mix of trade and is in good order. The current tenants have been in the business for over 12 years and are ready for a rest.
Contact Ian McDonald at MHB to arrange an inspection of this terrific business.