The hospitality prize that includes gastro pub Alfred & Constance and the boutique Limes Hotel has hit the market as their high-flying owner explores new ideas.
Entrepreneur Damien Griffiths unleashed his spectacular Fortitude Valley project in 2008, arguably reinventing the Brisbane pub landscape.
The block containing the 21-room Limes Hotel, the quirky pub Alfred & Constance, occupying two old timber ‘Queenslanders’, and eateries Alfredo’s Pizzeria and Kwan Brothers, is for sale, with the businesses being offered separately or in one line.
The block is in one of Brisbane’s fastest growing areas, and set to benefit from another massive reinvention project in the city at the hands of the new Echo casino.
Both the pub and boutique hotel are being marketed as freehold going concerns, but come with the option of the attached leasehold businesses.
The campaign is being steered by Ray White commercial’s Grant Bailey and Rick Bird. PubTIC was unable to contact the agents for further details.
Griffiths has previously talked of a new project he describes as “a whole new precinct”, located in a “forgotten back street” of Fortitude Valley. He had hoped to unveil in late 2015.