Iconic Sydney gastropub up for sale

15 October, 2015 by

By Vanessa Cavasinni, editor Australian Hotelier

The Four in Hand Hotel, in Paddington, is up for sale for the first time in more than 25 years.

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The pub, which is nationally renowned for its food offering of ‘nose-to-tail’ cuisine, has been a popular watering hole for locals and fine diners alike for decades. The Four in Hand’s owners, including Joe Saleh, have entrusted Andrew Joliffe of Ray White Hotels with the sale.

"I suspect every Sydneysider from the eastern suburbs has a story and magnetism for the Four in Hand, it's such a timeless gathering place and a phenomenal cash flow business" Jolliffe stated.

Besides its culinary excellence – for which the hotel has won multiple awards – the Four in Hand Hotel also has a reputation for being a great venue for watching sporting events.

The pub’s renown, recent renovations and the current strength of the Sydney hotel market suggest that there will be plenty of prospective buyers for the eastern suburbs mainstay.

“Uncontroversially, property prices in Sydney’s east have risen in line with other areas, and the combination of this value enhancer and the $1.5 million dollars the current owners have recently invested in the hotel, points towards the type of investment certainty our database of clients find comfort in,” suggested Joliffe.

The Four in Hand Hotel will be sold via an EOI campaign ending 5 November, unless sold beforehand.

The current owners have been contacted for comment without response.