The recently homeless Martin Place Bar has come to market, in a rare example of opportunity in the tightly held Sydney hospitality and property market. Formerly located on pedestrian thoroughfare Martin Place in the heart of the CBD, Martin Place Bar was a traditional-style pub, with popular modern public bar frequented by the surrounding business […]
In an era dominated by corporate consolidation, long-time owners Mal Russell and family have divested their big Richmond landmark to in-limbo industry stalwarts Peter and Karen Wynne, for a hot market price. Built 1848, the Royal Hotel occupies a generous 1,760sqm site in Richmond’s main commercial and retail precinct, beside the train station. The pub
Entertainment Venues Australia has been put into liquidation, leaving in doubt the future of its five operations in the South Australian capital. News initially broke that two of its pubs, Kent Town’s Royal Terrace Hotel and The Glenelg Pier Hotel, had closed due to a trading halt, with each displaying “not open today” signs for
The award-winning Comiskey Group has announced its latest endeavour, beginning with taking ownership of the Samford Valley Hotel. The family-owned Queensland company boasts a history of strategic operations in hotels and shopping centres spanning more than 30 years, as seen in the much acclaimed Eatons Hill, Sandstone Point and Beachmere Hotels. While their record shows
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After two decades at the wheel, Lance Gilbert has put up his beloved pub in mid-western NSW. Gilbert spent time in Yenda as a youth, his family operating a farm close to town. His mother had been brought up in the town, and worked there as a young woman. Leaving to take on a lease
The Walker Douglas Group has teamed up with Callen Hotels to offer the freehold going concern of Singleton’s handsome Imperial Hotel. The ‘Impy’ Singleton overlooks main drag John Street, just off the New England Highway through town, around an hour’s drive north-west of Newcastle. Walker Douglas Group (WDG) has had a long and active interest
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The freehold Harbour View Hotel has sold to a private buyer thought to be looking at its real estate prospects in Sydney’s historic The Rocks. A high net worth individual believed to be from the provedore sector has paid close to $12 million for one of the few freehold hotels in the harbourside suburb. The
Former Wallaby Bill Young has resumed Glebe legend the Friend In Hand, buying back from long-term owners the Byrne family. William Kevin Young was a loose-head prop during the golden era of Australian rugby, playing 46 tests over a six-year international career, including in the 2003 Rugby World Cup against England. Attending pub breeding ground
Woolworths has finally announced strategy to divest its contentious Hotels division, to be coupled with its key liquor division, leaving the future of Australia’s biggest drinks-hospitality group dithering. ASX-listed Woolworths (WOW) today released details of its plan to merge Endeavour Drinks and Australian Leisure & Hospitality Group (ALH) into a combined entity, Endeavour Group Limited
Jirsch Sutherland Insolvency Solutions has announced sale of the leasehold interest in Sydney’s historic Captain Cook Hotel, beside the stadiums in Paddington. The stately four-storey Captain Cook, built 1914, stands at the intersection of Flinders Street and Moore Park Road, adjacent to Allianz Stadium and the Sydney Cricket Ground. The location enjoys constant vehicular and
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