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70 Waymouth Street
Adelaide SA 5000
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Sold on 26 Nov 2021

70 Waymouth Street Adelaide SA 5000

  • Hotel, Motel, Pub & Leisure
  • 688 m²
  • Sold

Iconic CBD Hotel Opportunity - Union Hotel Leasehold & Business For Sale

    "The Best Gastropub in Adelaide CBD"

    This local icon hotel has been operating since 1856 and provides outstanding F & B facilities.

    The hotel is centrally located in Waymouth Street, a busy commercial and hospitality strip.

    Major features of the hotel include:
    - Main bar
    - Outstanding restaurant together with rear alfresco deck dining
    - Gaming Room comprising 15 machines
    - Modern commercial kitchen
    - Upstairs "Bar Cuba" function room and offices
    - Outstanding lounge bar incorporating booth seating
    - Main street dining
    - New 30-year lease available
    - Commencing rental $250,000 p.a. plus GST - market
    - Very profitable - turnover $2.7 Million-plus

    Asking price $990,000.

    This is an outstanding opportunity to acquire one of Adelaide's best known hotels.

    For further details of the Union Hotel Leasehold & Business contact Grant Clarke of McGees Property (RLA 1722)

    Property Highlights

    Date Sold26 Nov 2021
    Floor Area688 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2016685826
    Category
    Last updated  15 Feb 2022
    Map for 70 Waymouth Street Adelaide SA 5000

    Property Highlights

    Date Sold26 Nov 2021
    Floor Area688 m²
    Land AreaAsk Agent
    ParkingAsk Agent
    Virtual TourView Tour
    Property ID2016685826
    Category
    Last updated  15 Feb 2022

    Listed by

    Grant Clarke
    McGees Property Adelaide
    Call
    0414 806 130

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