FOR SALE
The Elephant & Castle Hotel
Have you ever wanted to own a country hotel? Now is your chance.
The E&C, (as locals call it), is Bathurst’s oldest and most established pub circa 1845. The property offers you the following opportunities:
REVENUE STREAMS: Bars, Bottle-shop, Functions, Bistro, Vending.
LIQUOR LICENSE: LIQ400108966
LICENSED TRADING HOURS: Mon to Sat 11.00am to 5.00am
Sun 12.00pmm to 12.00am
INCLUSIONS: Predominantly walk in walk out. Furnishings, bars, sound equipment, outdoor furniture
Property for sale plus stock (stock take prior to settlement)
ONSITE ACCOMMODATION: First floors offers a large managers flat with 5 rooms plus a wing of another 5 rooms, totalling 10 rooms and 2 bathrooms.
SITE AREA: 1067m2
TITLES: Freehold title, two titles being offered on the one line.
UNDER ROOF: Two floors, building size 762 m2 approx. Floorplans available.
HERITAGE: Bathurst Regional Council Local heritage item.
PARKING: 3 garages off Keppel St, ample off street parking via Keppel and Seymour street, free council carpark located directly across the road.
ZONING: B3: Commercial Core
RATES: $9498 pa
LEP Bathurst Regional Environmental Plan 2014
VALUE ADD OPPORTUNITIES:
B3 Commercial Core Zoning provides versatile and vast development opportunities eg. commercial offices, medical centre, educational establishments, community facilities, entertainment and recreation facilities.
• Accommodation: Immediate opportunity to renovate and refurbish to reposition as a boutique accommodation venue and/or short stay accommodation.
• Executive residence – Renovate and develop into a private residence.
SITE LOCATION:
The property is located in the vibrant Keppel St shopping precinct, with surrounding properties comprising of a mixture of commercial and residential development. Next door is the boutique and cafe Dejorja & Co and directly opposite is The Hub Café, Bathurst Regional Art Gallery, Library, several boutiques and council car park. Within one block is the Railway Station, Railway Museum and Tremains Mill Heritage hospitality quarter. The Elephant and Castle Hotel is within two blocks of the CBD, shopping centres, post office, Bathurst Entertainment Centre, Australian Fossil and Mineral Museum and local parks and gardens.
DUE DILEGENCE
• Information Memorandum
• Contract of Sale – building + business
• Floorplans
• Bathurst Region Economic Overview
• Trading figures
INSPECTIONS
By confirmed appointment with agent. Property currently does not trade Monday and Tuesdays so these are good days to review. Have a beer there anytime to take in the operation.
EXCLUSIVE SELLING AGENT
Mark Sullivan
248 Howick St Bathurst
M: 0429 954 990
E: sully@atrealty.com.au
Remember to mention you found this property on CommercialReady
