Web Ref No CL1218

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.

Property Overview
Property Type: Commercial Heritage Property

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.