JW Lees adds new pub to the portfolio
JW Lees has bought the Royal Oak in Glossop, a historic pub built in 1818, 10 years before JW Lees was founded.
With 90 internal covers and 40 external covers the pub has been closed for a number of years but JW Lees will be making a £500k+ investment to transform the site into a modern fit-for-purpose family dining pub which will sit within JW Lees’s Pub Partner trading division. The pub is planned to re-open later in the summer once the refurbishment has been completed.
William Lees-Jones, JW Lees Managing Director, said,
‘Glossop has been on our radar for quite some time and we’ve been impressed with the success of the Market Hall since it opened. We like The Royal Oak and think that it will quickly establish itself with locals and walkers since there are some great country walks nearby and it’s worth the trip to go there for a proper pub lunch before or after. It’s good to be buying new pubs again and we are focused on adding to our Pub Partner and Retail Operator estates rather than Managed Houses. Individual pubs like the Royal Oak are hard to come by but we confident that this will be first of many, as we scale up our investment programme.’
About JW Lees
JW Lees is a seventh-generation family brewery, founded in 1828 and based in Middleton Junction, North Manchester. The business comprises JW Lees Brewery, JW Lees Pubs, The Alderley Edge Hotel, The Stanneylands Hotel, The Trearddur Bay Hotel and Willoughby’s Wine Merchants. JW Lees employs over 1,600 people and operates 49 managed pubs, inns and hotels, alongside 87 pubs run by partners.
For more information on JW Lees
Please contact William Lees-Jones on 07711 227621