SOLD - Royal Hotel, Barham NSW - 1P0016

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.