A BUYER has come forward to purchase the iconic Standard Hotel in Anson Street which closed its doors three years ago.
The building is under contract to an Orange buyer through David Hall of Benchmark Commercial.
Mr Hall said yesterday he was not able to discuss the selling price or disclose details of the new owners at this stage.
“The building is still under contract and it is good to see there is strong local interest.
“We are in discussions with some local parties who may be prospective tenants of the building,” he said.
Mr Hall said he was not able to release detailed plans for use of the building at this stage until the sale is finalised.
“It may not even be used for a hotel in the future,” Mr Hall said.
Last year a prospective Bathurst-based buyer was found for the hotel through another agent in Orange.
A development application valued at $60,000 to build an eatery inside the building was lodged in September last year with Orange City Council with Jack Duggans Irish Pub listed as the applicant at the time.
In the last two years of operation of the hotel under the previous owners, controversy surrounded the hotel’s operations with police shutting down the hotel on two separate occasions for breaches of the NSW Liquor Act.
The Standard Hotel was for many years a hub for the former Orange Cherry Blossom Festival with festival entrants dressing in the various rooms in preparation for their participation in the street parade down Summer Street.
The Central Western Daily has been told by a source the asking price was around $1.5 million.