Blackrose completes first major pub refurbishment

09-Jul-2019 - Last updated on 09-Jul-2019 at 12:56 GMT

In bloom: recently launched by real estate investment company Aprirose, pub company Blackrose has completed its first pub renovation project

London-based real estate investment company Aprirose’s nascent pub venture, Blackrose, has announced the completion of its first major refurbishment project.

Formerly known as The Blue Anchor, The Anchor pub in the London borough of Bexley has been given an extensive revamp, including a new outdoor dining area, with the help of award winning design specialists Fusion Design.

It’s hoped that the renovated venue, which will serve locally sourced food and local guest ales, will become the heart of its south-London community.

Forty-four site pubco Blackrose was unveiled on 24 June by Aprirose – which boasts a portfolio of more than £1.5bn commercial and residential properties.

The new venture’s announcement came in the wake of string of pub acquisitions by Aprirose which both Wear Inns in a £22.4m deal and Spirit Pub Company’s branded pub portfolio from British Land for approximately £130m.

Complete facelift

“We are delighted to have launched the Blackrose brand with the re-opening of The Anchor in Bexley,” Daren Knipe, Blackrose’s managing director explained.

“We have given it a complete facelift, with the creation of a community hub with the aim of customers looking at a local pub in a different way which the area has been crying out for and that will appeal to a broad range of customers across all age groups with affordable good quality food and drink offer.

“We have a clear and structured business strategy for our 44 UK-wide pub portfolio. It will undergo significant asset management and modernisation and we have introduced a capital expenditure programme to ensure that we create a brand and a company that ensures consistency and quality of experience in all our premises. We have an experienced and skilful team in place as we strive to offer a seamless and best-in-class service to our customers.

“The Anchor is only the beginning of our story, as we aim to complete 14 further capital development projects by the end of the year.”