Australian Venue Co – assets of Chequers Hotel, Bullsbrook WA

WA-80026

AVC Operations Pty Ltd (**AVC**) proposes to acquire substantially all of the assets of the licensed hotel business trading as the Chequers Hotel (**Chequers Hotel**) (including the exclusive right to carry on the business in succession of the current owner and vendor) from Saracen Property Holdings No2 Pty Ltd as trustee for Condor Bullsbrook Trust under an Asset Sale Agreement (the **Acquisition**). Chequers Hotel is a licensed hotel venue located at 2543 Great Northern Highway, Bullsbrook WA 6084. The venue is a typical Australian pub with a public bar, bistro and beer garden. AVC is a subsidiary of Australian Venue Co. Holdings Limited which operates over 200 licensed venues throughout Australia and New Zealand, primarily pubs, as well as some bars, clubs and licensed restaurants. AVC's venues are individually branded and are mostly located in inner-city and metro areas, offering a range of products and services including food, alcoholic and non-alcoholic beverages, function rooms, live entertainment and gaming facilities.