Completely rebuilt and refurbished 7 years ago the leasehold and business of the Golden Fleece Hotel is being offered for sale with an asking price of $2,300,000.
A 50 year lease (5x10 years) is available from settlement at a starting rental of $287,727 per annum plus GST and outgoings (main hotel and Pizza Baa shop).
This outstanding hotel has been completely upgraded and refurbished throughout to provide all facilities required for a modern hotel. Features include:
- Outstanding main street presence
- Modern indoor/outdoor food and beverage facilities
- Approved for 30 gaming machines with 20 currently operating
- Easily operated hotel with single bar servicing whole operation
- Adjacent multi-storey car park access with lift
- All plant and equipment less than 7 years old
- Very profitable operation
- Under management since 2014
- Potential upstairs function space
There is not a cent to spend on this hotel. Take advantage of this outstanding offering that is experiencing an uplift in this well known region of Gawler located only 40 minutes* from Adelaide's CBD.
For further details regarding the Leasehold & Business of the Golden Fleece Hotel, Gawler or to arrange an inspection contact Grant Clarke of McGees Property (RLA 1722).
(* approx)
