FOR SALE: The Historic Locomotive Hotel — Salt River, Cape Town An Exceptional Opportunity to Acquire a Fully Operational Heritage Property
This is a rare chance to own a distinguished heritage building in the heart of Salt River, Cape Town. The Locomotive Hotel presents a unique investment opportunity, combining historical significance with multiple revenue streams. With a long-standing presence in the area and a loyal customer base, this property offers immediate business potential and long-term growth.
Business Components: Hotel Accommodation, Bar with Indoor Braai and Pool Room, Liquor Store
Location: Salt River, Cape Town
Roof: Slate roof (installed 8 years ago)
Renovations: Comprehensive electrical and plumbing upgrades completed in 2013; tiled flooring replaced upstairs during the same period
Ground Floor Features Bar Area:
Indoor braai
Five slot machines (operated on a hire basis)
Five televisions
Lounge area with tables and chairs
Integrated security camera system
Fully functional point-of-sale (POS) system
Entertainment:
Two jukeboxes (rented)
Liquor Store:
Dual access from both the street and interior of the hotel
Designed for customer convenience and efficient operation
Storage:
Spacious storeroom including a cold room
Manager's Office:
Strategically located for optimal oversight of daily operations
First Floor: Guest Accommodation Total Rooms: 14
10 Single Rooms (sharing 6 well-maintained communal bathrooms)
4 Double Rooms
3 Double Rooms with private en-suite bathrooms
1 Double Room with balcony access
Laundry Facilities:
Two coin-operated commercial washing machines
Furnishings and Amenities:
All rooms are fully furnished and equipped with DSTV
Current Monthly Rentals:
Single Room: R5,000
Double Room: R6,000
Licensing and Compliance Bottle Store License:
R6,000 per annum (09:00–18:00)
R6,000 per annum (18:00–20:00)
Pub License: 09:00–02:00
Sumpra License: R1,000 per annum
Slot Machine License: Operated under a 70/30 profit-sharing agreement
Summary The Locomotive Hotel is more than a property—it is a fully operational business with an established clientele, reliable revenue streams, and ongoing potential for growth. Ideal for investors seeking a hands-on business or portfolio expansion, this offering stands out for its combination of historic character and commercial viability.
For further information or to schedule a private viewing, please contact us directly.
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
