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Pubs & Taverns

Tattersalls Hotel

136 Barker Street, Casino, NSW

Pubs & Taverns

Tattersalls Hotel

136 Barker Street, Casino, NSW

Expression of Interest |
Closing: 11 June 2021, 12PM

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HTL Property has been appointed to offer for sale the Freehold Going Concern interest in the Tattersalls Hotel, Casino and the additional 12 Poker Machine Entitlements (land 10) from the Oxford Hotel Casino.

Key investment considerations include:

  • The offering presents the most meaningful poker machine entitlement acquisition strategy currently on the market
  • Tattersalls Hotel Features: Public bar, bistro, function space, Gaming Room with 14 Poker Machine Entitlements
  • 1,944sqm* Main Street allotment located in Casino‚Äôs commercial core with over 50 car parks on title
  • Tattersalls Hotel Freehold Going Concern: 14x Band 3 PME’s (in-situ worth $4.2m+*, divestment value $3.6m+*)
  • Oxford Hotel PME’s : 12x Band 3 PME’s (divestment value $3m+*)
  • Obvious amalgamation benefits of consolidating 2 high performing gaming assets
  • Currently the highest performing gaming room in the Richmond Valley council with scope to improve
  • Increased profitability through gaming consolidation strategy with a fixed cost base
* Approx.

Closing

11 June, 2021 at 12PM

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