Link Business Melbourne Phone : 03 9819 **** Steven Mostafa
03 98 ****




Freehold Opportunity of The Saracens Head Hotel - $4,500,000 (15351)

Listing Id : 272635

Location : South Australia - Adelaide

Category : Freehold

Asking Price : 4,500,000

Business description

• Freehold Opportunity • NO Stamp Duty payable! • Two separate titles • 30 year lease • Valuable 3am General Liquor Licence • City of Adelaide's Oldest Known Hotel • $225,000PA Rental + GST + Outgoings • Excellent Hotel operation, all facilities on offer • Amazing 5% yield • 20 Gaming Machine entitlements • 9 offices, boardroom, kitchen and bathroom facilities Steven Mostafa from LINK Business is pleased to present to the market the Freehold Opportunity of The Saracens Head Hotel. Offering what is a rare chance to secure a well-established property with a long standing tenant, Saracens Head Hotel caters to all corners of the market, whether it be occupying, investing or re-developing (STCA). The City of Adelaide's oldest known hotel built in 1890, the property has been transformed in recent years and now offers the following investment highlights: • High exposure, character-filled pub in the heart of Carrington St boasting one of Adelaide's most unique and eclectic interiors • Large Carrington Street land holding of: Floor Area 965 m² Land Area 752 m² • Includes a highly valuable, 3am liquor licence • Showcasing a wonderfully maintained, two-storey building with generous public bar upon entry, well-appointed commercial kitchen, first floor dining room and a highly popular atrium-style function room and music area. Currently holding 20 Pokies Machines in a licensing agreement to the property, with a positioned rental on a 5% yield this opportunity truly is unique. For further information please contact Steven Mostafa from LINK, formerly Klemms on the below: Phone:**** **** or Email: steven.mostafa@linkbusiness.com.au


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