Riverina Leasehold Pub Opportunity

HTL Property is pleased to announce the sale process for the leasehold interest in the Riverina Hotel, Holbrook.

On behalf of long term client Mat Oates, HTL Property’s Blake Edwards and Ben Kennedy have been engaged in conjunction with Albury based Dan McDonald from McDonald Hospitality Brokers, to offer for sale a fresh lease with a sustainable rent and a 20 year term.

“Market forces illustrate that most pubs on offer are freehold going concern in nature, and consequently there exists a distinct lack of quality leasehold venues with gaming revenue inputs available for sale” commented HTL Property Director, Blake Edwards.

“Many now great publicans began their careers in leasehold pubs, and this opportunity represents an excellent entry point into the NSW hotel market and perhaps a springboard to eventually buy a freehold” added Edwards.

Holbrook is a town in the Riverina Region of NSW, about 40 minutes to Albury and 45 minutes to Wagga Wagga. The pub features a bar, bistro, 18 pub style accommodation rooms and a gaming room with 5 GMEs in a new smoking solution.

“Being the only pub in Holbrook with gaming creates a competitive advantage over other venues, and helps the long term sustainability of the business” added McDonald Hospitality Broker’s Dan McDonald.

The business is for sale via an on market EOI closing at 12pm on the 28 November 2024; unless sold prior.

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