The Lord Raglan Hotel is now offered for sale with a proposed long term lease of the whole building as a Hotel which is a fully fitted tavern/pub’ with current hotel/liquor licence. Negotiated rent is $200,000 per year plus GST plus 100% of all outgoings.
Ground Floor : Tavern/Pub. First Floor: consists of 14 rooms, 4 toilets, 4 showers, balcony and laundry; the roof top terrace with a studio flat and large outdoor common area.
This outstanding freehold hotel property with a PROPOSED RENTAL INCOME OF $200,000 PER YEAR NET + GST is situated on a prime corner location on the very door step of Sydney’s CBD, opposite the Australian Technology Park, Channel Seven and an easy walk to Redfern Railway Station, city buses, schools and shops. Also close to Sydney University, RPA Hospital Centre, UTS, UNSW and Sydney Airport.
Zoned Mixed Use 4B and is suitable for a variety of uses including Boarding houses; Commercial/retail premises; Entertainment facilities; Function centres; Hotel or motel accommodation; Backpackers; Medical centres; Student accommodation (all subject to Sydney City Council Approval)