Mitchell Waugh and wife Harriet Waugh will be stepping away from the Woollahra venues towards the end of April to focus on the rest of their portfolio.

Mitchell Waugh has been at the helm of Bistro Moncur and the Woollahra Hotel since the Waugh family purchased the venues in 2015. With four successful years, Waugh is particularly proud to have been the custodian of a restaurant so rich in history and is confident the venue will be able to maintain the same level of success with the frameworks that have been established over these years.

See also: Sydney pub The Duke of Gloucester 'Dog' Hotel for sale - HTL Property

Waugh will retain his position at the head of PHMG, owning in entirety the Royal Hotel Paddington, The Toxteth and Marrickville Ritz. The future is exciting for Public House Management Group, with reimagined plans for each of the three venues and plans for future acquisitions.

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Royal Hotel Paddington

Residing in the Eastern Suburbs, Mitchell and Harriet Waugh have assured guests that they are not going far. In the East they retain The Royal Hotel Paddington which they will transform over the next two years, re-invigorating the food offering while retaining the rich heritage and charm of the Paddington institution.

The reopening of the Toxteth Hotel in Glebe in August 2018 saw an extensive 6-month refurbishment of the interiors, exterior and an overhaul of the food and beverage offering. Affectionately known as ‘The Tocky,’ the venue was purchased by PHMG for $22 million-dollars in February 2017 from Geoff Dixon and John Singleton’s Riversdale Group.

See also: Manly beachfront pub 'Hotel Steyne' for sale - Gus Moors, Colliers International

Mitchell Waugh, CEO and Founder, Public House Management Group said, “Saying goodbye to Bistro Moncur is bitter-sweet for us, this was our first venture in the restaurant business, and we have thoroughly enjoyed growing in this space. We took some great learnings from restaurant ambassadors Guillaume Brahimi and Damien Pignolet and there is a vision to increase the food offering of the group in the near future.

This change brings great excitement for the wider stable of venues and the growth of the business. We have already commenced plans to reimagine our existing venues and acquire news ones, the future is certainly bright for Public House Management Group.”

Mitchell Waugh and PHMG will move on from The Woollahra Hotel and Bistro Moncur in mid-April.

See also: Sydney Pub William Wallace Hotel for sale - HTL Property

See sold pubs in NSW:

Newcastle pubs the Belmont Hotel and Salamander Tavern sold for $20m by HTL Property

Salisbury Hotel Sold by Andrew Jolliffe and Dan Dragicevich HTL Property

The Bells Hotel Sydney Woolloomooloo sold to Arthur Laundy prior to Auction this week

See additional pub commentary:

Tighter yields and limited stock lead pub buyers to broaden their horizons - CBRE Hotels

"Continued transactional appetite expected for the NSW pub market in 2019" - John Musca, JLL Hotels