107 King William Sreet Adelaide SA 5000

- Rare opportunity to lease the iconic Ambassador's Hotel
- Four levels including basement nightclub/function area, ground floor bar, beer garden, and three levels of furnished accommodation rooms
- Fully furnished and equipped with a commercial kitchen, gaming lounge, and modern amenities
- Gaming license with 42 entitlements and 32 functional machines ready to use
- 30 accommodation rooms, many newly renovated with furniture included
- Upstairs open-plan function space with 180° conservatory views of King William Street
- Newly revamped beer garden with rustic charm and lush greenery

Situated in the heart of Adelaide on central King William Street, the iconic Ambassador's Hotel is a once-in-a-lifetime opportunity to secure a landmark CBD hotel which is fully equipped and ready to trade. This exceptional commercial leasing opportunity is perfect for operators looking to take over a fully-established, fully-furnished hotel and function space including 32 gaming machines and 30 accommodation rooms.

The ground level features a large and welcoming bar, strategically located in the centre of the venue and proceeding a rear beer garden and adjacent gaming room. Upstairs on Level One provides an expansive open-plan function space, offering breathtaking 180° views of King William Street through a striking conservatory. This room also includes a private bar, commercial kitchen and refurbished bathrooms, ideal for hosting corporate events, private functions, and entertainment. As you continue through the premises, the balance of Level One is comprised of various, newly renovated accommodation rooms, which continue through to Levels 2 and 3. There is also a separate basement/function area at the front of the Premises, which has its own entrance to King William Street including lower ground amenities and a bar/cold rooms.

Each space may be leased separately or otherwise, the building is offered in its entirety with all furniture, plant and equipment and fixtures included as part of the lease.

Don't miss this outstanding opportunity to secure a generational hotel, with a multitude of concepts and business opportunities on offer.

For more information or to book an inspection of the Ambassador's Hotel, please contact Saxon Smith from Higher Commercial (RLA 323 903).

Disclaimer:
This advert contains information and imagery which is believed to be accurate based on Higher Commercial sources and/ or inspections of the property before or at the time of advertising. Prospective buyers or other parties should make their own inquiries about the validity and accuracy of this information and view the property before making any offers. Our privacy policy is available at www.highercommercial.com.au | RLA 323 903