JLL Hotels & Hospitality Group, under instructions from the appointed liquidator Andrew Barnden of Rodgers Reidy, is delighted to offer for sale the freehold going concern interest in the Empire Hotel in Cobar, NSW. This hotel is a high cash-flow business which enables immediate income for an incoming operator.
Investment attributes include:
Average weekly sales exceeding $47,000 ex GST per week with diversified revenue stream Cobar's only drive-through bottle shop Impressive landholding comprising 3,127sqm* Enviable late trading 2am hotel licence Single bar operation enabling operational efficiencies
Inspections will be held on Tuesdays 16/04/2024, 23/04/2024 & 30/04/2024.
The Empire Hotel is offered for sale via expressions of interest closing Thursday 2nd May at 12pm midday (if not sold prior).
For further due diligence information, or to request an inspection, all interested parties are to contact the exclusively appointed JLL agents
Inspections
No open inspections scheduled.
Send an enquiry
Contact Edward Browne to learn more about this property, request an inspection or take an online tour.
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Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
02 Sep 2016
Sold
$1,800,000
Contract: 20/07/2016
Transfer: 02/09/2016
Block size: 3127m²
Transfer type: Full transfer
Purpose: Commercial
Cobar suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
3,603
Listing ID: 182395688. This listing has been viewed 3 times. It was first displayed on 22/03/2024 and last updated on 22/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.