The Clarence Hotel will cease to operate as a gay venue within a fortnight as a result of the venue and building being sold.

On September 29, the Clarence’s owners announced on Facebook that the venue had finally found a buyer.

“While the gay community will still always be more than welcome the hotel will no longer be gay-owned,” they wrote.

It is understood the venue will continue to operate as a gay venue until October 18, with a send-off event planned for the final weekend’s Saturday.

Both the building and business went to auction on May 20 but were passed in despite a licence for 11 poker machines, two late-trading bars and a bottle shop being included in the package.

Sydney Star Observer understands the Clarence’s new owners are the same people who own the Taverners Hill Hotel at 463 Parramatta Rd, Leichhardt.

Taverners Hill Hotel licensee Robert Hall said his company’s plans were to renovate the Clarence and reopen it to a general clientele. He said that the hotel’s falling into receivership had shown that it had not been viable as a gay bar.

Hall said gay customers would be welcome under the new management.

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