Hotel For Sale in Salt River, Cape Town

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Asking Price : R 15 995 000 (876 438 EUR*)

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Province:Western Cape City:Cape Town Suburb:Salt River Bedrooms:14 Bathrooms:8 Erf Size: ± 480 m2 Rates:R 4984 p/m

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CALLING ALL ENTREPRENEURS - Heritage Building and Business for sale in a Prime location

Prime Commercial Property for Sale in Salt River – own a piece of Cape Town history and become the new owner of this property built in 1937, also known as the Locomotive Hotel.
This Heritage Building stands solid in its prime spot facing Salt River circle. This location is central and is a stone throw from the popular Biscuit Mill Market, as well as to Cape Town City center and popular Observatory just to name a few. The opportunities are endless, what with this property being in a central, sought-after location and surrounded by so many constantly developing and quaint areas.
Currently they operate a liquor store from one part of the premises, and a Sports Pub from another section of the building. There is a snooker table, cosy chairs, a sweeping dark-wood bar counter, gaming machines, and a jukebox. The property has a bar license, a liquor store license as well as a gambling license.
Accommodation is offered in the upstairs section where there are 14 Bedrooms, and 4 of these rooms have en-suites. The rooms are equipped with Flat screen television, kettle, cupboards, bed, fridge.
The sale includes the Building, the existing licensed business, as well as the fixtures. As the saying goes, they are selling it lock, stock and barrel. All the necessary documentation and financials will be made available for perusing by the interested buyer.
Don’t miss out on this property which has so much potential for new business opportunities. Call me to discuss and to arrange a viewing.

  • DOWNSTAIRS:
  • *Liquor Store & license
  • *Gambling machines & license
  • *Bar area & license
  • *entertaining/games room with snooker table
  • *3 store rooms - (Can be used differently)
  • *Refrigeration room
  • *Toilets
  •  
  • UPSTAIRS:
  • *14 Bedrooms (4 with En-suites)
  • *All rooms have TV, fridge, kettle, microwave, bed,
  • bedding, cupboard
  • *4 Bathrooms
  • *4 toilets
  • *Washing machine
  • *Tumble dryer
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