Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Third time lucky for Albion’s New Owner

Third time lucky for Albion’s New Owner

Well known Auckland landmark, the Albion Hotel, has changed hands once again.

Following a sale about 12 months ago to local entrepreneurs, the Hotel has recently been re-sold to experienced publican Mike McGurk by DTZ's Barry Collard.

Mr McGurk already owns seven pubs including the Riverhead Tavern and Penny Black in Auckland, the Brian Boru pub in Thames and the Spa in Taupo.

With plans to give the hotel a complete facelift already well underway, Mr McGurk says he has had his eye on the Albion for some time and has, in fact, tried to purchase the property on three previous occasions. “I am delighted that persistence has paid off and that I finally own the Albion. It’s a fabulous historic building and I am committed to restoring it to its former glory,” he says.

The Hotel occupies a prime corner site with street frontage to both Hobson Street and Wellesley Street West in Auckland’s CBD.

Constructed around 1880, the Albion is an older style character building comprising four floors plus basement.

The property, which has been untouched for around 30 years, is now undergoing major refurbishment. The main bar has already been re-done to include timber flooring throughout and a pressed steel ceiling replica in fibreglass. The basement is being transformed into the Albion Steakhouse Restaurant and the whole exterior of the building will be re-painted.

According to Mr McGurk the future of the licences premises trade in Auckland and NZ generally is good but he feels strongly that “nowadays the public expect something different, such as a historic building with character or a sports or theme type bar”.

He is confident that the prime position of the Albion, as well as its refurbishment, will add to its appeal as a licensed property in Auckland.

Ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop 3.0: How You Can Help Scoop’s Evolution

We have big plans for 2018 as we look to expand our public interest journalism coverage, upgrade our publishing infrastructure and offer even more valuable business tools to commercial users of Scoop. More>>


Statistics: Butter At Record $5.67/Block; High Vegetable Prices

Rising dairy prices have pushed food prices up 2.7 percent in the year to October 2017, Stats NZ said today. This followed a 3.0 percent increase in the year to September 2017. More>>

ALSO:

Science: New Research Finds Herbicides Cause Antibiotic Resistance

New University of Canterbury research confirms that the active ingredients of the commonly used herbicides, RoundUp, Kamba and 2,4-D (glyphosate, dicamba and 2,4-D, respectively), each alone cause antibiotic resistance at concentrations well below label application rates. More>>

ALSO:

CO2 And Water: Fonterra's Environment Plans

Federated Farmers support Fonterra’s bold push to get to zero emissions of CO2 on the manufacturing side of the Co-operative, both in New Zealand and across its global network. More>>

ALSO:

Fisheries: Decision To Delay Monitoring ‘Fatally Flawed’

Conservation group representatives say a decision by the new Minister of Fisheries, Stuart Nash, to delay implementation of camera monitoring of fishing efforts in New Zealand is ‘fatally flawed’. More>>

ALSO:

Kaikōura Quakes: One Year On

State Highway One and the railway were blocked by damage and slips and the Inland Road suffered significant damage. Farms, homes and businesses suffered building and land damage. Power and internet went down, drinking water systems, sewage systems and local roads were all badly affected... More>>

ALSO:

 
 
 
 
 
 
 
 
  • Bill Bennett on Tech