The Historic Locomotive Hotel – A Rare Commercial Investment Opportunity FOR SALE | Salt River, Cap
FOR SALE | Salt River, Cape Town
Own a piece of Cape Town's history with the iconic Locomotive Hotel, a fully operational heritage property offering multiple income streams in the heart of Salt River. This exceptional freehold commercial property combines historic charm with a thriving hospitality business, making it an outstanding investment opportunity.
Property Details
Land Size: 370 m²
Building Size: 412 m²
Zoning: Commercial
Property Title: Freehold
The property has been well maintained, with a slate roof installed approximately eight years ago, while the electrical and plumbing systems were comprehensively upgraded in 2013. The upstairs flooring was also retiled during the same renovation.
Ground Floor
The ground floor offers a welcoming entertainment venue and licensed liquor store.
Bar & Entertainment Area
Spacious bar with an indoor braai
Comfortable lounge seating
Pool room
Five televisions
Five slot machines (operated on a 70/30 profit-sharing agreement)
Two rented jukeboxes
Fully integrated Point of Sale (POS) system
Comprehensive security camera system
Liquor Store
The bottle store has convenient access from both the street and the hotel, allowing for efficient operation and excellent customer accessibility.
Additional Facilities
Large storeroom
Cold room
Manager's office
First Floor Accommodation
The hotel offers 14 fully furnished guest rooms, all equipped with DSTV.
Accommodation consists of:
10 Single Rooms sharing six well-maintained communal bathrooms
3 Double Rooms with private en-suite bathrooms
1 Double Room with en-suite bathroom and private balcony
Laundry Facilities
Guests have access to two coin-operated commercial washing machines, providing an additional source of income.
Current Rental Income
Single Rooms: R5,000 per month
Double Rooms: R6,000 per month
Licensing
The property is fully licensed and operational, including:
Bottle Store Licence
09:00 – 18:00
18:00 – 20:00
Pub Licence operating from 09:00 until 02:00
SUMPRA Licence
Slot Machine Licence (70/30 profit-sharing agreement)
Investment Opportunity
The Locomotive Hotel presents an exceptional opportunity to acquire a well-established hospitality business with diverse income streams generated from:
Guest accommodation
Licensed pub
Liquor store
Gaming machines
Coin-operated laundry facilities
With its rich heritage, loyal customer base, excellent location, and strong commercial potential, this property offers investors the opportunity to continue operating a successful business while exploring future growth opportunities.
Contact us today to arrange a private viewing and discover the exceptional potential of this unique commercial property.
Own a piece of Cape Town's history with the iconic Locomotive Hotel, a fully operational heritage property offering multiple income streams in the heart of Salt River. This exceptional freehold commercial property combines historic charm with a thriving hospitality business, making it an outstanding investment opportunity.
Property Details
Land Size: 370 m²
Building Size: 412 m²
Zoning: Commercial
Property Title: Freehold
The property has been well maintained, with a slate roof installed approximately eight years ago, while the electrical and plumbing systems were comprehensively upgraded in 2013. The upstairs flooring was also retiled during the same renovation.
Ground Floor
The ground floor offers a welcoming entertainment venue and licensed liquor store.
Bar & Entertainment Area
Spacious bar with an indoor braai
Comfortable lounge seating
Pool room
Five televisions
Five slot machines (operated on a 70/30 profit-sharing agreement)
Two rented jukeboxes
Fully integrated Point of Sale (POS) system
Comprehensive security camera system
Liquor Store
The bottle store has convenient access from both the street and the hotel, allowing for efficient operation and excellent customer accessibility.
Additional Facilities
Large storeroom
Cold room
Manager's office
First Floor Accommodation
The hotel offers 14 fully furnished guest rooms, all equipped with DSTV.
Accommodation consists of:
10 Single Rooms sharing six well-maintained communal bathrooms
3 Double Rooms with private en-suite bathrooms
1 Double Room with en-suite bathroom and private balcony
Laundry Facilities
Guests have access to two coin-operated commercial washing machines, providing an additional source of income.
Current Rental Income
Single Rooms: R5,000 per month
Double Rooms: R6,000 per month
Licensing
The property is fully licensed and operational, including:
Bottle Store Licence
09:00 – 18:00
18:00 – 20:00
Pub Licence operating from 09:00 until 02:00
SUMPRA Licence
Slot Machine Licence (70/30 profit-sharing agreement)
Investment Opportunity
The Locomotive Hotel presents an exceptional opportunity to acquire a well-established hospitality business with diverse income streams generated from:
Guest accommodation
Licensed pub
Liquor store
Gaming machines
Coin-operated laundry facilities
With its rich heritage, loyal customer base, excellent location, and strong commercial potential, this property offers investors the opportunity to continue operating a successful business while exploring future growth opportunities.
Contact us today to arrange a private viewing and discover the exceptional potential of this unique commercial property.
Features
Zoning
Interior
Exterior
Sizes
Additional Amenities
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Realtors International website is accurate and up to date, Realtors International makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
