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Pubs & Taverns

Royal Albert Hotel

140 Commonwealth Street, Surry Hills, NSW

Pubs & Taverns

Royal Albert Hotel

140 Commonwealth Street, Surry Hills, NSW

SOLD

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  • 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.

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