RG McGees in growing Richmond has sold to prominent Sydney hotelier Ashton Waugh’s pub group Watering Hole Hotels, furthering the region’s surge of pub investment. The well-known Hotel came to market in August, as a cooperative arrangement between tenant Jason Teague and freeholders Stan and Janice Bridger to offer up the freehold going concern. Standing […]
Parties have combined to bring the freehold going concern of Richmond’s RG McGee’s to market, triggering what will likely be one of the year’s hotly contested campaigns. RG McGee’s enjoys a sizeable 942sqm landholding within Richmond’s main retail and commercial precinct, beside a large Council car park also servicing a Dan Murphy’s and Coles supermarket.
Jason Teague and partner have listed their pub in Sydney’s north, weighing investment or divestment on the main street long lease. Teague is a career publican who grew up in Sydney’s inner-west, starting behind the bar at the Summer Hill Hotel, and doing a ten-year stretch as licensee living onsite at Mansions in Kings Cross,
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