overview

  • 1P2975
  • Leisure/Entertainment
  • For Sale
  • 688 sqm

Description

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)

Features

  • Leasehold

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