SARACENS HEAD HOTEL/82 Carrington Street Adelaide SA 5000
- Hotel, Motel, Pub & Leisure
- 965 m²
- For Sale, Contact Agent
SARACENS HEAD HOTEL
- Entry Level Gaming Business
- 20 Gaming Machines
- Quality Corner Hotel
CBRE Hotels are delighted to be offering the business and leasehold opportunity of the Saracens Head Hotel, Adelaide.
The Saracens Head Hotel is an iconic, corner pub located in Adelaide's coveted CBD. Benefit from South Australia's changing gaming legislation by acquiring this established gaming and hospitality business.
Investment highlights include:
A quality corner hotel offering a good mix of stable departmental revenues
Entry level business, with real significant earnings upside
Favourable Gaming Laws simplified and coming into South Australia*
20 gaming machines and licences, opportunity to invest at the bottom of the bell curve*
Favourable liquor licence conditions and trading hours through to 3am
Function facilities including a board room, dining room and outdoor courtyard
First floor tenancy can be incorporated with ground floor hotel to create a larger offering
Attractive lease tenure and rental
Close proximity to Adelaide Central Market (750m**) and Rundle Mall (1km**)
The Vendor is relocating, so this valuable opportunity will be sold quickly.
Contact our exclusive agents for further information or to arrange an inspection.
*anticipated in 2020
|Floor Area||965 m²|
|Land Area||Ask Agent|
|Parking||On site parking available|
|Annual Return||Ask Agent|
|Last updated||8 Jul 2020|
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