Chef Rick Stein rumoured to have bought the Oaks pub in Neutral Bay Sydney for ... trends now
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Celebrity chef Rick Stein is rumoured to be part of a consortium that has snapped up a popular Sydney pub that was selling for $175million.
It is rumoured the 76-year-old is among a group of investors who bought the Oaks Hotel in Neutral Bay, in the city's north, after it went on the market with a record-breaking price tag last August.
The TV star, who is one of England's most popular chefs, divides his time between the UK and Australia and was in Sydney at the time of the sale last month.
If the asking price was met it would be the highest ever paid for a pub surpassing the $160million record sale of The Crossroads Hotel at Casula early last year.
An unnamed hotel insider claimed the famous restauranteur had purchased the pub with his business partners, the Mosman Daily reported.
Renowned UK chef Rick Stein (pictured, with his Aussie wife Sarah) divides his time between the UK and Australia and was in Sydney at the time of the pub sale last month
It is rumoured he bought the Oaks in Neutral Bay (pictured) in Sydney with a pool of investors after it was put on the market with the record-breaking $175million price tag last August
JLL Hotels and Hospitality Group who managed the sale reported the hotel had sold to a local family and long-time patrons of the pub, adding some fuel to the rumours of the Steins being behind it.
Mr Stein
