The historic Lord Nelson Hotel in Sydney’s Rocks district has been sold for $20 million, the first time the venue and brewery has traded hands in almost four decades.
The sandstone pub, a favourite among tourists and locals alike, has been bought by Laundy Hotels and will officially trade hands in about two-months with assistance from JLL Group.
Blair Hayden and business partners have run The Lord Nelson Hotel since purchasing the pub in 1986 and oversaw a restoration of the historic sandstone building.
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By continuing you agree to our Terms and Privacy Policy.“We have a deep affection for this pub; however, after almost 40 years, we recognise that the brand will benefit from improved resources to propel the business to new heights,” said Mr Hayden.
“We have full confidence that the Laundy family will be excellent custodians of ‘The Lord’.”
The institution claims to be Sydney’s oldest continually licensed hotel and have the nation’s oldest brewery after opening in 1841. The Lord Nelson celebrated its 175th anniversary in 2016.