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LJ Hooker Real Estate Services (NSW) Pty Ltd - SYDNEY

The Elephant and Castle Hotel, 35 Keppel Street Bathurst, NSW 2795

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The Elephant and Castle Hotel, 35 Keppel Street,
Bathurst, NSW 2795

Hotel & Leisure

Price information

Sale - Expression of Interest

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Detailed listing

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Land area

Floor area

Car spaces

Parking info

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Map of The Elephant and Castle Hotel, 35 Keppel Street

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  • Train stations within 5 km of The Elephant and Castle Hotel, 35 Keppel Street, Bathurst, NSW 2795Distance
    Bathurst Station331 m
    POWERED BY HERE ©
  • Bus stops within 5 km of The Elephant and Castle Hotel, 35 Keppel Street, Bathurst, NSW 2795Distance
    Bathurst City Library, Keppel St151 m
    Havannah St at Keppel St245 m
    Bathurst Station331 m
    Bathurst Station, Coach Bay344 m
    Havannah St at Cross St477 m
    POWERED BY HERE ©
POWERED BY HERE ©

Iconic Pub for sale Bathurst - Freehold Opportunity

THE ELEPHANT & CASTLE HOTEL
35 KEPPEL ST, BATHURST NSW 2795

The historic Elephant & Castle Hotel offers the successful buyer the opportunity to buy into a successful and consistently profitable hotel with multiple venue streams including gaming, bar, bottleshop, bistro, vending and accommodation.

The current owners have successfully owned and managed the hotel for 14 years. Now moving into retirement, instructions are TO SELL. This is a rare, near walk in walk out freehold purchase opportunity and includes three as new poker machines and permits. The vendors have extensively renovated including a recent reno of the public bar with new commercial furniture and new paint and floors. The renovated dining area has attracted a new professional demographic complimenting the existing high spending tradie and youth markets.

The rear of the hotel has been doubled in size since purchase with a massive undercover fully enclosed entertaining area and stage. The ceiling has had acoustic paneling added to compliment the venue's valuable late trading license.

GAMING
Three as new machines and permits.
Dedicated pokie room, space for more

CELLAR
Two adjoining storerooms
Ten line glycol beer system
Cool Room

GROUND FLOOR
Public, dining, and entertainment bars.
The front service area has been cleverly designed enabling minimal staff as the U shaped front bar has windows to gaming and dining areas, allowing one staff member to service all areas during quiet times
E&C Dining Room
Entertainment Lounge with bistro dining, entertaining stage, pool table, and vending.
Male and female toilets
Kitchen
Kitchen Store Rooms and Cool Room

BEER GARDEN
Includes large outdoor drinking and dining areas with solid furniture and umbrellas.
Four bay shed, three exterior off Keppel St and one interior
Dedicated Hotel delivery lane, rubbish storage areas, and off-street parking.

FIRST FLOOR
Offers 10 accommodation rooms, two bathrooms, and a shared lounge area
Current configuration includes a 4 room manager flat with new kitchen, two-way bathroom, and lounge areas.
The rear wing offers an additional bathroom, enclosed veranda and 5 additional accommodation rooms.
Floorplan is available.

EXECUTIVE SUMMARY

DESCRIPTION
The E&C is a successful business underpinned by strong revenue streams delivered from gaming, bars, dining, functions, accommodation, and bottleshop.

The venue offers significant upside opportunities through increasing poker machines, offering smoking gaming solution, and renovated accommodation opportunities.

FULL HOTEL LICENSE
LIQH 400 108 966

TRADING HOURS
5.00am late trading license

POKIES
3 Machines and Permits

OCCUPANCY
100% Owner operated and managed

LAND TENURE
Freehold

GROSS LETTABLE AREA
Approximately 1,015m2

TOTAL SITE AREA
1,067m2

MAIN TRADE AREA POPULATION
43,200 persons. 252,000 within 110km.

CAR PARKING
6 onsite carparks
20 streetside parking both Keppel and Seymour Sts
120 car parking across the road

ZONING
B3 Commercial Core
EPI Bathurst Regional Local Environment Plan 2014

FLOORPLANS
Available.

AERIAL SITE PLAN
Available

VENUE ASSET REGISTER
Available.

INFORMATION MEMORANDUM
Available on request. Please email me.

FINANCIALS
Available with signed non-disclosure agreement and declaration of ability to purchase

INCLUSIONS
This freehold hotel is largely a walk in walk out offer. Full hotel license, 3 pokie machines with permits, all furniture, and equipment, venue wide acoustic sound system. All equipment in the venue is owned with no lease or hire purchases in place.

EXCLUSIONS
Contents of managers flat, stock additional.

RATES $9, 270

INSURANCE $26,000

INSPECTIONS - ANYTIME BY APPOINTMENT INCLUDING WEEKENDS
The hotel does not open until 11.00 am weekdays and inspection is recommended before opening hours so that a full tour of facilities can be completed. 48 hours notice recommended.

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Property ID: 503660994Last Updated: 23 Oct 2020

LJ Hooker Real Estate Services (NSW) Pty Ltd - SYDNEY
The Elephant and Castle Hotel, 35 Keppel Street
Bathurst, NSW 2795

LJ Hooker Real Estate Services (NSW) Pty Ltd - SYDNEY

Contact Agency for Address
SYDNEY, NSW 2000

Detailed listing

Agency contacts

LJ Hooker Real Estate Services (NSW) Pty Ltd - SYDNEY
JLL - Hotels & Hospitality Group
JLL - Hotels & Hospitality Group
Level 25, 420 George Street
SYDNEY, NSW 2000
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Mark Sullivan

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Mark Sullivan
LJ Hooker Real Estate Services (NSW) Pty Ltd - SYDNEY
The Elephant and Castle Hotel, 35 Keppel Street Bathurst, NSW 2795

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Mark Sullivan

    Mark Sullivan

    LJ Hooker Real Estate Services (NSW) Pty Ltd - SYDNEY
    0429 *** ***
  • Kate MacDonald

    Kate MacDonald

    JLL - Hotels & Hospitality Group
    0412 *** ***