British Waterways unveils £50m pub project

From The Publican

Start a new thread26-Nov-2003

Related topics: Company & City News

British Waterways is seeking a partner to develop a pub business along its 2,000-miles of canals and rivers in the UK.

 

The public corporation has identified key properties throughout Britain that would make ideal pub conversions.

 

It is looking to invest £50m to develop its "Waterside Pub Partnership".

 

The sites, which are in urban as well as rural locations, are a mix of lock cottages, canal warehouses, existing licensed buildings and other properties.

 

British Waterways already owns some 50 waterside pubs, mostly leased to a wide range of pub groups, including Fuller's, Spirit Group and a raft of private operators.

 

British Waterways hopes to have a partner in place by February and to commence work in the summer.

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