The Springdale Heights Tavern in Lavington has been sold by the Bosse family in a shock development.
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The pub on Kaitlers Road has been purchased by the Turvey Park Hotel, Wagga syndicate which includes Sam Cruickshank and members of the O'Hara and Laundy families.
The sale price is undisclosed and the new owners take over on July 1.
It was established by Graham and Bev Bosse and Mal and Maureen Hutchinson in 1988.
"There is a lot of emotion attached to it and the speed of which it has all happened," Brooke Bosse said.
"There are lot of people who are shocked, but excited."
As well as bar, meals, bottle shop and TAB facilities, the tavern has the maximum allowable 30 poker machines.
Another Albury pub, Soden's is being auctioned on Friday.
More to come
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