Royal Albert Hotel

• Rare Surry Hills freehold going concern hotel surrounded by some of Sydney’s edgiest bars and restaurants
• Annual revenues in excess of ~$1,500,000 with strong existing food and beverage business
• Passive income derived from seven first floor commercial offices – scope to reposition with a first floor Hospitality offering (STCA)
• Liquor licence with 12 x gaming machines attached which represents significant ‘held together’, divestment and/or lease value.
• 221 sqm site with solid underlying land and building value combined with development upside (STCA)
• Well suited to food and beverage operators seeking a leasehold opportunity, passive investors seeking a secure and stable income and/or existing hoteliers seeking to relocate the gaming machines

*Approx.