It is one of Hobart's favourite drinking establishments with a history dating back to 1858.
Closed since April, the Telegraph Hotel will be getting a new lease on life with works to restore the heritage venue underway under new ownership.
Australian Venue Co, which is a food and beverage-led hospitality group that operates pubs, bars and event venues around Australia, as taken over the business: it's first Tasmanian venture.
The venue team will be hired and trained locally before the hotel reopens towards the end of the year.
The Telegraph has a prime location near the Hobart waterfront.
The renovation will aim to celebrate the history of the heritage hotel, creating a pub with appeal to both locals and visitors.
The previously underutilised second floor will be converted into a dining space with a pub dining menu. The downstairs area will remain a public bar with a refreshed look and feel.
Paul Waterson, the Australian Venue Co CEO, said the acquisition of the Telegraph was an exciting venue to add to the group’s growing portfolio.
“The Telegraph Hotel is the first AVC investment in the Tasmanian market and we are excited to bring an iconic Hobart venue into the fold." he said. "With over 160 venues across Australia and New Zealand, it was high time that we invested in a Tasmanian pub.
“We’re passionate about bringing beautiful old pubs back to life and continuing their legacy in the local community. We’ve got a great track record for investing significantly in our pubs, updating them for the modern customer while preserving their heritage. The pub will undergo some renovations to refresh the venue before we open doors later this year."
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