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3-5 Belgrave Street Kempsey, NSW 2440

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3-5 Belgrave Street,
Kempsey, NSW 2440

Hotel, Motel & Leisure

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HOTEL KEMPSEY

CBRE Hotels are delighted to offer for sale the 'Freehold Going Concern' interest in the Hotel Kempsey.

Key investment considerations include:

- Entry-level Mid North Coast freehold pub
- Annual revenues in excess of $1.35 million per annum
- 29 x ensuited accommodation rooms - recently upgraded
- 15 x PME's (SIA 23) - expires September 2016
- Closest pub to the Kempsey/Macleay RSL
- Compelling upside via renovation, refurbishment and repositioning
- Located in the retail/commercial heart of Kempsey and across the road from Kempsey Central
- Currently run under management
- Single bar operation - wage efficiencies
- 2,327sqm site over two titles with dual frontages and onsite car parking

Property ID: 502019774Last Updated: 27 Apr 2020

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3-5 Belgrave Street
Kempsey, NSW 2440
CBRE - Hotels
Level 21, 363 George Street
SYDNEY, NSW 2000

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