Brand new lease being offered to the market – ultra rare CBD and gaming leasehold opportunity
Annual revenues of ~$9,400,000* across bar, bistro, gaming and wagering
Three level trading footprint spread across ground floor, mezzanine and basement with gross building area of 821 sqm*
24 hour liquor licence with 30 x Gaming Machine Entitlements (GME’s) attached – available for acquisition and inclusion in the sale
Average gaming ranking of #409 over the last 12 months (NSW ILGA Gaming Rankings) – has historically and consistently ranked #250
Surrounded by numerous strong performing gaming rooms including: V Bar (#88), Charlie Chan’s Bar (#108), Cheers Bar (#118), Albion Place Bar (#168), Scruffy Murphys (#198), Civic Hotel (#265) & Chamberlain Hotel (#343)
Operates with an approved patron capacity for 950* people across all three levels
Obvious and compelling upside via renovation and refurbishment and repositioning the business
Strategically situated at the intersection of both Pitt and Goulburn Streets – CBD, Thai Town, China Town, Tech Central precinct & Surry Hills
Adjacent to the World Square residential, retail, dining and entertainment precinct
Surrounded by numerous commercial towers, retail shopping centres, accommodation hotels and public transport