Adelaide Pub Opportunity $4,500,000 (15351)
Excellent Hotel operation, all facilities on offer!
FOR FURTHER DETAILS ON THIS BUSINESS TEXT STEVEN "ADELAIDE PUB" ON 0407 999 888 TO RECEIVE AN ONLINE CONFIDENTIALITY AGREEMENT, FOLLOWED BY AN INFORMATION MEMORANDUM, FINANCIALS & 3D VIRTUAL TOUR OF THE PREMISES.
*PLEASE NOTE, ALTHOUGH COVID-19 HAS IMPACTED THE MARKET, THIS IS TEMPORARY AND ONLY FOR A SHORT PERIOD OF TIME DURING LOCKDOWN. BRAND NEW OPPORTUNITIES AT NEVER SEEN BEFORE PRICES AWAIT.*
* Freehold Opportunity
* NO Stamp Duty payable!
* Two separate titles
* 30 year lease
* Valuable 3am General Liquor Licence
* City of Adelaide’s Oldest Known Hotel
* $225,000PA Rental + GST + Outgoings
* Excellent Hotel operation, all facilities on offer
* Amazing 5% yield
* 20 Gaming Machine entitlements
* 9 offices, boardroom, kitchen and bathroom facilities
Steven Mostafa from LINK Business is pleased to present to the market an Adelaide Pub Freehold Opportunity.
Offering what is a rare chance to secure a well-established property with a long standing tenant, the hotel caters to all corners of the market, whether it be occupying, investing or re-developing (STCA).
The City of Adelaide’s oldest known hotel built in 1890, the property has been transformed in recent years and now offers the following investment highlights:
* High exposure, character-filled pub in the heart Adelaide's CBD with one of Adelaide’s most unique and eclectic interiors
* Large land holding of:
Floor Area 965 m²
Land Area 752 m²
* Includes a highly valuable, 3am liquor licence
* Showcasing a wonderfully maintained, two-storey building with generous public bar upon entry, well-appointed commercial kitchen, first floor dining room and a highly popular atrium-style function room and music area.
Currently holding 20 Pokies Machines in a licensing agreement to the property, with a positioned rental on a 5% yield this opportunity truly is unique.
For further information please contact Steven Mostafa from LINK, formerly Klemms on the below:
Phone: 0407 999 888 or