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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
**approx

Property Highlights

Property ID2016124926
Floor Area965 m²
Land AreaAsk Agent
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  8 Jul 2020
Map for SARACENS HEAD HOTEL/82 Carrington Street Adelaide SA 5000
Map for SARACENS HEAD HOTEL/82 Carrington Street Adelaide SA 5000SARACENS HEAD HOTEL/82 Carrington Street Adelaide SA 5000
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

CBRE Hotels
Level 21 363 George Street Sydney NSW 2000

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