Shakespeare
Submitted by Greig on 27 November 2007 - 8:13am.
SOBA News
Former All Black hooker Ron Urlich is selling his historic Auckland pub in a deal which some market experts say could fetch up to $5 million.
Agent John Halstead of Bayleys said Urlich would lease back the Victorian-style brick pub on a six-year term with rights of renewal.
Urlich plans to use money from the sale to expand his brewery business, Halstead said.
"With micro-breweries, it's all economies of scale: the more you produce, the cheaper it becomes," Halstead said.
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