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Pubs & Taverns

Bangor Tavern Leasehold

121 Yala Road, Bangor, NSW

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Pubs & Taverns

Bangor Tavern Leasehold

121 Yala Road, Bangor, NSW

EXPRESSION OF INTEREST |
Closing: 28 November 2024, 12PM

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  • Suburban leasehold tavern for sale with extremely low competition from other venues
  • Long term lease with over 21 years* remaining, including options
  • Sustainable rent as a percentage of net profit
  • Average weekly revenue in excess of $108,809 per week* in FY24
  • Well diversified revenue, fairly evenly split between bar, food and gaming
  • Licence includes 15 gaming machines in a custom smoking solution
  • The tavern sits in an exclusive catchment of over 30,000* residents, with no immediate competition from any other hotels or pubs
  • Situated adjacent the IGA anchored Bangor Shopping Centre
  • Car parking for approximately 180 cars* (car park shared with shopping centre)
  • There is the potential opportunity to purchase the shopping centre to create a FHGC tavern or a greenfield pub opportunity
* Approx.

Closing

28 November, 2024 at 12PM

Agent Details

HTL-Property-Blake-Edwards

Pubs

Blake Edwards

Director

0421 400 530 Contact Blake
HTL-Property-Andrew-Jolliffe

HTL

Andrew Jolliffe

Managing Director

0438 733 447 Contact Andrew

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