For Sale, Leasehold and Business Asking Price $990,000
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)
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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