Newly Fitted with Strong Cashflow and Growth Potential. Impeccable Hotel: Full On-Premise Operations with Robust Food Offering!
Off Market Group/Hotels is pleased to extend an exclusive invitation for the leasehold sale of this landmark property. Exuding timeless charm, this destination venue features an elegant gastro-pub restaurant, a bustling main bar, a whiskey vault, and inviting alfresco dining spaces. The owners have met the market and are seeking an exit, presenting a prime investment opportunity.
Highlighted Features:
Brand new pub with a $2 million plus fit-out, located just 200 meters from the ocean in the rare Sandgate beachside location.
19 years remaining on the lease.
Situated in a strong demographic with an established market and low competition.
Large food base with above-average food & beverage/bar margins of 69% - 73%.
Rent is less than 8% of sales.
Opportunity for 3 x DBS outlets.
Ideal for gaming, with potential for 20 gaming authorities.
Strong repeat clientele and substantial function business.
Solid team in place, offering a full turnkey operation.
Owners are now looking to focus on other business interests.