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Griffins Head Hotel – Adelaide CBD – Lease

Very rarely do good CBD leases with Gaming Machines, Bar and Function rooms become available. This is a popular, well known CBD hotel.

  • Long Lease remaining
  • Landmark corner site
  • Excellent presentation
  • Multiple Bar and function room facilities
  • Licensed balcony
  • The hotel owns 20 gaming entitlements but currently only use 12. Here is instant room for improvement.
  • 590 Capacity with extended trading permit

A rare opportunity to purchase a quality leasehold Hotel with operational upside for the experienced operator. Suitable for owner operator or a Hotel Group.

Massive development is happening all around this iconic Hotel.

Asking Price $625,000 + stock

 

Mark Jericho
Email mark@birniesanders.com.au
Mobile 0403907309