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CBD HOTEL - Colonel Light Hotel

The Property

  • High profile corner location in Adelaide's bustling CBD 
  • Imposing double storey hotel with a fantastic balcony 
  • Easily operated multi-bar operation
  • Bistro or Casual dining PLUS Alfresco areas
  • 20 Gaming Machine Entitlements
  • First floor Function Room or Entertainment Room
  • Separate area ideal for Gaming Room, Entertainment, Functions, Conferencing
  • Full Hotel Licence with 5am trading capacity Thursday - Saturday
  • Licensed for in excess of 600 patrons

The Particulars

  • Brand new short term lease to be offered in the first instance
  • Rights of Renewal to be negotiated
  • Attractive Rental terms
  • Bank Guarantee equivalent to 6 months rental required

The Commentary

The Colonel Light Hotel has been a mainstay in Adelaide's West End entertainment precinct for some 30 years and now awaits its next phase. 

An extremely versatile venue which has a huge visual profile. This is an exciting opportunity for an experienced operator who is happy to operate on a shorter term lease with a view to potentially being part of an imposing redevelopment of the corner, including the hotel which is Heritage Listed. 

Opportunities like this don't come around too often, you just need to be open minded. The hotel has been freshly painted, floors have been re-covered, some plant & equipment replaced / serviced…IT IS READY TO GO.

No Ingoing Purchase Price Here…You Just Need A Positive Concept

Method of Sale - LEASED PROPERTY


Categories:
Hotels, Hospitality, Leasehold Businesses

Listing Code:
AHC00560

Location:
141 Currie Street, Adelaide
South Australia

Property Type:
Leasehold & Business

Pricing Details:
P.O.A
For further details on this property please contact Aleks Bojanic
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