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Pubs & Taverns

Grafton Hotel

97 Fitzroy Street, Grafton, NSW

Pubs & Taverns

Grafton Hotel

97 Fitzroy Street, Grafton, NSW

Expression of Interest |
Closing: 31 March 2021, 4PM

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  • Hotel Features: Public bar, bistro, function space, 13 pub rooms, Gaming Room with 15 Poker Machine Entitlements
  • Highly desirable Northern Rivers locality presenting both economic and lifestyle opportunities
  • 748m2* Main Street allotment located in Grafton’s commercial core
  • Immaculately presented hotel with over $1,000,000 in capital improvements in the past two years
  • $55,000* in weekly revenues: $15k* Bar, $15k* Food, $23K* Gaming
  • 15 Band 3 PME’s (in-situ worth $3.9m+*, divestment value $3.12m+*)
  • Scope to improve gaming through improved rear-lane access (STCA), improved signage, hardware upgrades and gaming-centric promotion
  • Up #300 places in OLGR rankings in past 3 years (Sept 17- Sep 20)
  • Increased profitability through basic wage and cost control
  • First time to market after 40 years* of continuous ownership
* Approx.

Closing

31 March, 2021 at 4PM

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