HTL Property is pleased to announce the commencement of the sale process for the Star Hotel on NSW’s North Coast.
Exclusively appointed to manage the sale of the hotel are HTL Property Directors, Blake Edwards and Ben Kennedy.
The freehold and the business are separately owned, but have respectively agreed to offer the asset for sale on a freehold going concern basis; which will make the opportunity highly attractive to a broader spectrum of buyers.
Macksville is a coastal town located approximately 40 minutes drive from Coffs Harbour, and is the approximate halfway point between Sydney and Brisbane along the Pacific Highway. The pub itself is situated in an idyllic riverside location, with expansive north facing views over the Nambucca River. The business features a bar, bistro, sun drenched north facing deck; and 7 pub style accommodation rooms.
“This is an entry level hotel opportunity, so it is possible that the buyer is a new or emerging publican that can readily exploit the heritage charm and scenic riverside location in order to grow a diversified hospitality venue” advisded HTL Property Director, Blake Edwards.
The Star Hotel will be sold via an Expression of Interest campaign closing at 12pm on Tuesday the 12th of December 2023, if not sold prior.
End.
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