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Townsville City QLD 4810

  • Hotel, Motel, Pub & Leisure
  • 1,115 m²
  • For Sale, $3,500,000 (GST na)

SOVEREIGN HOTEL - FOR SALE OR LEASE

  • Prime Commercial Land on 2 titles
  • Land fronts Flinders and Sturt Streets
  • Lease the Hotel or purchase the Freehold

An opportunity exists to lease and operate your hospitality business from the Ground floor of the iconic Sovereign Hotel or to purchase the entire freehold.

FOR LEASE

Sovereign Hotel (ground floor) Restaurant, Commercial Kitchen, Public Bar, Stage, Dressing Rooms, Amenities, Beer Garden and Storage. This is an ideal opportunity for the right operator to create a unique entertainment, dining and function experience for its patrons in Townsville's entertainment precinct.

FOR SALE

- 2024 m2 prime commercial land (2 titles)
- 2 street frontage to busy Flinders Street and Sturt Street
- Substantially improved with two storey Hotel and outbuildings

807 FLINDERS STREET – Sovereign Hotel
1197 m2 prime commercial site fronting Flinders Street with rear driveway access from Sturt Street.

Ground floor:
- Well equipped Bar and cold room
- Bar area and Stage with DJ facility
- Dressing and Change Rooms with stylish Amenities
- Function / Relaxation Area with Bar
- Fully equipped commercial kitchen with extensive fit out
- Café / Restaurant
- Spacious Pool room and Beer Garden
- Amenities
- Storage office facilities
- Bathroom facilities
- Private parking on site
- Available to lease

First floor
- Fully equipped with plenty of charm and character
- Multiple fully furnished comfortable a/c rooms single and double
- Full length covered front veranda
- Rear veranda
- Kitchen, bathroom and washing facilities
- Managers residence with spacious living area, bathroom and private veranda

664-672 STURT STREET

- 827m2 prime commercial block with office facility
- currently leased

Property Highlights

Property ID2014157074
Floor Area1,115 m²
Land Area2,024 m²
ParkingOn site parking available
Annual ReturnAsk Agent
AvailabilityVacant
Category
Last updated  16 Feb 2018
Map for Townsville City QLD 4810
Map for Townsville City QLD 4810Townsville City QLD 4810
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  • Purchase price

    $
    3,500,000

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

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.

NQ Realty
18 Allen Street South Townsville QLD 4810

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