Lord Gladstone Hotel
HTL Property is delighted to offer for sale the freehold going concern interest in the Lord Gladstone Hotel, Chippendale.
Key investment considerations include:
- Trading opportunity in emerging precinct
- Generating revenues in excess of $3.2 million per annum – $63,263 ex GST* per week
- 5 poker machines – all within a smoking solution
- Rare extended trading authorisation – trade until 3am (Thursday – Saturday)
- Large beer garden – licensed to trade until 3am (Thursday – Saturday)
- Situated outside of the lockout zone and proximate to other ‘edgy’ food and beverage venues
- Proximate to the Central Park development and precinct – South City Gateway Precinct
- Strategically positioned within Chippendale and between Redfern/Central train stations
- Strong underlying land and building value – 288sqm (approx.), B4 Mixed Use zoning, three street frontages
- First floor bar and gallery/event space
- Huge social media presence across all channels
For Sale by Expression of Interest closing on Thursday 7th March 2019 at 4pm.