Colonial swoops on Windsor hotel

The venue has a 3am liquor licence.

The Caneva family has sold the Duke of Windsor Hotel, nowadays trading as the Lucky Coq, after 50 years.

The prominent pub on 355 square metres at 179 Chapel Street, on the south west corner of High, in Windsor, has collected c$7 million from Colonial Leisure Group, which has also been the tenant since 2006 on a lease expiring in eight years.

CBRE’s Scott Callow and Mathew George were the agents.

The Caneva family operated the hotel for 15 years prior to signing the Colonial rental agreement.

With a 3am liquor licence, the property was unsuccessfully listed for sale in mid-2018 with a $7.5m-plus guide (story continues below).

Last March, Colonial sold the leasehold to Fitzroy’s Bimbo to Australian Venue Co.

Not long after, in a deal marking the group’s exit from the New South Wales pub market, it offloaded the Newtown Hotel in Sydney’s inner south.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.