A popular pub in Sydney’s eastern suburbs is the latest watering hole to hit the market, and it is expected to fetch $20 million.
Owners of the Light Brigade Hotel, the Bayfield family, plan to sell the venue in Woollahra after experiencing a resurgence within the pub sector that has sparked fresh investor interest after the Covid-19 pandemic.
Brothers Wayne and Marc Bayfield at the Light Brigade Hotel rooftop bar in Woollahra, after it’s renovation. Picture: John Appleyard Mr Jolliffe from HTL Property said the hotel has been put up for sale due to numerous unsolicited inquiries and he expects interest from local, interstate and international buyers.
The Ancient Briton pub in Glebe NSW, affectionately known by locals as “The AB” made headlines when it sold for $25 million to prominent pub landlords the De Angelis family.
Surry Hills John Appleyard Corner Pub Richard Dobson Story Pub Hollywood Hotel Dee Why Oceania South Australia Scarborough Hotel Whopping Sale Price Fresh Investor Interest Investment Sales Bayfield Family Hospitality Industry Glebe Hits Market David Fitch Prominent Pub Landlords Sam Handy City Views Australia And New Zealand Andrew Jolliffe Pub Deals Hotel Baron Woollahra Bruce Gordon Pub Scene Pub Sector Demand Pub Australia Sydney
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