Continuing the theme of new year hotel transaction announcements, specialist national agency HTL Property today confirms the sale of another highly regarded freehold going concern asset in the form of Glebe's Ancient Briton.

The 'AB' as the popular watering hole is commonly referred, sits prominently on the corner of Glebe Point Road and Bridge Road, and operates over multiple storeys having been sold by leading agents Sam Handy, Dan Dragicevich and Andrew Jolliffe. In addition, the hotel has previously been awarded as enjoying Sydney's coldest beer; an accolade attested to by many of its loyal patrons.

"Being fortunate to sell a number of Sydney's Inner West pub icons, we were delighted to enjoy exclusive appointment over this sale mandate; and in doing so delivering a strong result on behalf of our valued clients" advised HTL Property Director, Sam Handy.

"We're most pleased with the outcome, and for the professional manner in which HTL conducted itself during the sale process for our valued asset" commented Vendor, Victor Seeto.

"Our family has enjoyed a long and rewarding relationship with the tight-knit Glebe community, and we have cherished each interaction and will continue to do so" Seeto concluded.

HTL Property has sold the following Inner West hotels recently: Nag's Head Hotel (Glebe), Friend in Hand Hotel (Glebe), Toxteth Hotel (Glebe), Marlborough Hotel (Newtown), Terminus Hotel (Pyrmont), Coopers Hotel (Newtown), Salisbury Hotel (Stanmore), Milton Hotel (Newtown), Queen Victoria Hotel (Enmore), Duke of Edinburgh (Enmore), Vic on the Park (Marrickville), General Gordon (Sydenham).

"The 'AB' is our 4th NSW hotel announcement already in January, and highlights the market confidence so prevalent already in 2023" added HTL Property National Director, Dan Dragicevich.

"Whilst some asset classes have developed an allergy to shifts in economic sentiment on a global level, domestic hospitality indexed property assets have continued to enjoy the attention of well considered capital sources seeking the benefits of reliable revenue attraction" concluded HTL Property Managing Director, Andrew Jolliffe.