One of Narrabri’s big pubs has come to market through Ray White, with diverse revenue and new opportunities amid NSW’s recently proposed gaming laws. The Tourist Hotel is central to the North West Slopes regional town of 6,000 people, incorporating a public bar, sports bar, bistro and commercial kitchen, 23 accommodation rooms and manager’s residence, […]
Owners of the elegant Grand Hotel in Healesville have put their pub to market to focus on their accommodation businesses. The Grand Hotel, built circa 1880, is a three-storey Victorian pub set on a 1,517sqm block zoned Commercial 1. It Incorporates a public bar, bistro and commercial kitchen, grand dining room, shade-covered beer garden and
HEALESVILLE’S VERY GRAND HOTEL SALE BY HOTEL KEEPERS Read More »
A Supreme Court case and suit for bankruptcy sees embattled entrepreneur Damian Griffiths’ stalwart Alfred & Constance pub and Limes Hotel for sale again, this time under receivership. Hospitality developer and king of the Doughnut Time franchise, Griffiths began to encounter financial woes a few years ago, briefly listing the two Brisbane hotels late 2016.
DAMIAN GRIFFITHS’ ALFRED & CONSTANCE AND LIMES TO RECEIVER SALE Read More »
Six months after they were previously listed, the two big pubs of Karratha in WA’s Pilbara region are back on the market with the same upsides, but renewed confidence in the economy. Karratha is a resources town of 16,000 people (2016 Census), near Port Hedland, around 1,500 kilometres north of Perth. It was established in
Brisbane institution the Normanby Hotel has hit the market, boasting a big block development opportunity and more upsides than Maroons supporters in Sydney. Michael Dempsey and Otto Wilhelm have co-owned the heritage-listed Normanby on Red Hill adjacent to Suncorp Stadium since 1999. They closed it for a period to execute a massive renovation in time
John Feros’ JDA Hotels has listed Top200 pub the Padstow Park Hotel, with new extended trading and price expectations in the high $20 millions. After executing sale-and-leaseback of the Group’s Allawah Hotel last September, and record-breaking auction of the development-ready Tennyson to Merivale in late 2016, the large-format Padstow Park will also go to auction,
The Grand View Hotel overlooking the Blue Mountains is looking for a loving new owner, as its long-standing patriarch throws in the towel in pursuit of retirement. Vendor Ben Tufrey has owned and operated the Grand View for 16 years, and looking to do some long-awaited travel and spend time with family, has listed the
The Thompson family has listed its newly refurbished Moorooka pub, the Red Lion, in Brisbane’s booming south. The Red Lion occupies a prominent corner block on bustling Beaudesert Road, around nine kilometres from the Brisbane CBD. Simon Thompson and partners bought the pub late 2014 and executed a complete makeover, encompassing the bar, lounge bar,
Just over a year since he revived the Hampshire and made it a Lady, Paddy Coughlan has listed the inner-west local to chase opportunities in the craft market. Former Riversdale CEO Coughlan took on the lease of Camperdown’s Hampshire Hotel in September 2016, immediately executing a million-dollar renovation of the Parramatta Road pub, which had
COUGHLAN OFFERS UP HIS LADY AS HE EYES FRANK STRONGS Read More »
Wesfarmers’ Coles is looking to exit the NSW pub game, listing the Central Coast’s Northlakes Tavern as it focuses on off-premise-heavy Queensland. Coles and Woolworths have been feeling the squeeze in the retail world in the wake of Aldi’s influence, and engaging in a battle for market share. Since Wesfarmers’ 2007 purchase of the Coles
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