JLL Hotels & Hospitality Group presents to market the freehold interest in the Royal Hotel in Barham NSW. The opportunity is an excellent entry level hotel investment which is underpinned by sound tangible assets and an enviable lease covenant.
Investment attributes include:
- Passing net rent approximately $143,025 ex. GST
- 17 year straight lease term remaining
- 5 GMEs and hotel licence ownership of Lessor
- Tenant pays 100% of outgoings
- Annual rent increases the greater of 3% or CPI
- Substantial landholding of 2,972sqm* with E1 Local Centre Zoning
- Excellent security with 6 month bank guarantee
- Efficient hotel operation comprising a single bar, drive through bottle shop and function areas
The freehold interest in the Royal Hotel is offered for sale via Expressions of Interest closing Wednesday 22nd of May at 12pm midday (if not sold prior).
All interested parties are encouraged to contact the exclusively appointed JLL agents.
*Approx.