Property round-up

Revolution restarts the party at Electric Press, sites hit market in Scotland and North Yorkshire

By Gary Lloyd contact

- Last updated on GMT

Property developments: news on renovations, sales and investments
Property developments: news on renovations, sales and investments

Related tags: Property, Finance, Multi-site pub operators, Pubco + head office, Tenanted + leased, Accommodation

The party has started again for Revolution with a £300k revamp at a site in Leeds, properties have been put on the market in Scotland and North Yorkshire while GK has invested jointly on a Wirral pub and Baker Hospitality takes on a third site.

Revolution ploughs £300k into Leeds site overhaul

Revolution has invested £300,000 into its Electric Press site in Leeds that has created dining spaces, a DJ booth, open-plan dance floor, heated outdoor area and a ‘vodka land’ theme.

The city centre party bar, which was denied the chance to celebrate its 15th anniversary due to Covid, also plans to add a ‘Ciroc Best Seat in the House’ area later in the year as a VIP offer. There will be enhanced kitchen facilities, which will see an extended menu that includes a chilli cheeseburger as pictured above, and 22 new additions to its cocktail menu as the brand continues its mission to be carbon neutral by 2030.

Revolution Electric press manager David Berry said: “Since reopening after the lockdowns, we’ve seen a change in people’s socialising habits and expectations when it comes to going out and we want to make sure we can exceed all of them.

“With a huge focus around our ever-popular bottomless brunch offering and most ambitious cocktail menu to date, this new design will bring together the two things we're famous for.... vodka and fun.

“We've also spent time reviewing our guests’ feedback and we know that they want great quality but getting it quickly so we're extending and remodelling our bars to ensure we can increase our speed of service. This will allow them to spend less time at a bar and more time with their friends having a great time.”

Revolution Electric Press reopen on 14 January, with a full relaunch weekend planned from 28-30 January.

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Beagle pub with accommodation placed on market at £825k

The Beagle Country Pub and Barend Holiday Lodges near Dumfries in Scotland have been put on sale with a guide price of £825,000.

The pub and accommodation are located south of the Scottish town and overlook the Solway Firth, and are only a few minutes’ walk from the beach.

The properties benefit from various income streams including the bar (40 covers) and restaurant (40 covers) trade, and also offers customers seating in an outdoor courtyard (40 covers), according to leisure property specialist Fleurets, which is handling the sale.

There are also revenue streams from a heated indoor pool, the management services from 38 lodges, letting and cleaning services for lodges and the holiday cottage income.

There is a private two-storey owner’s house as well as a static caravan for staff accommodation.

The properties have recently undergone an upgrade throughout, which has resulted in increasing profitability year on year.

Current owner Sarah Gell said: “We have turned the business around from a turnover of £450,000 to £950,000, increased the properties renting with us from 29 to 38 and heavily invested in plant, machinery, training and upgrades while still turning a profit.

“The business is now in a strong position to benefit from the rapid growth in staycations with a captive pub audience, and we look forward to the opportunity to take on a new venture.”

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Star Inn freehold welcomes offers above £465k

The freehold of the Star Inn – a family-friendly village pub-restaurant with letting rooms in Weaverthorpe near Malton – has been placed on the market with starting price of £465,000.

The property, which is being marketed by specialist business property adviser Christie & Co, is set within the picturesque North Yorkshire countryside, on the village green.

It comprises a 55-cover restaurant and bar area, a beer garden and a function marquee, plus car parking. The guest house offers five luxury en-suite rooms and there is also a two-bedroom owner’s apartment.

Owners since 2016, Julien and Rachel Martel said: “North Yorkshire will always be a popular and affluent part of the country to visit and live. When we bought the pub, we fell in love with Weaverthorpe’s local community, but we also knew there was so much touristic passing trade in the area, particularly for family adventures, retired couples, hikers and cyclists.

“The village is 16 miles east of Malton, which is famous for being the food and drink capital of Yorkshire, hosting a range of annual food festivals. The historic city of York is 35 miles away and Scarborough, which is one of the UK's most visited tourist towns is only 12 miles to the west.”

Sam Ashton, senior business agent at Christie & Co, who is handling the sale, added: “We continue to see a really strong appetite in North Yorkshire for freehold destination pub-restaurants with letting accommodation. The Star Inn ticks all of these boxes. This would be a great investment for an independent couple team, regional operator, or corporate pub company to purchase a beautiful pub restaurant with letting rooms.

“The owner’s accommodation also makes it suitable as a managed house operation or for an in-house chef/house keeper.”

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Red Lion roars again after £250k makeover

Greene King Pub Partners and new tenants Marc Edmunds and Jess Bennett have relaunched the Red Lion on the Wirral after a joint £250,000 investment.

The couple who already operate the Wellington pub in Bebington just five miles away, will take on the site after huge changes inside and out.

The new look for the Cheshire pub has ensured the traditional features of the pub have been retained while the internal layout has been improved to open up the pub. The bar has been relocated and walls removed so the space can be fully used.

Edmunds said: “This pub has such a standout location and looks beautiful now inside and out.  We have lots of tourism here, so we are really looking forward to welcoming back the local community and visitors alike”.

To read the full story click here​.

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Mersea Island pub to reopen under new management after revamp

The White Hart Inn on Mersea Island is expected to reopen in May after a major refurbishment and will do so under new management.

The Essex pub that has a restaurant and accommodation is the third site to be operated by Piers Baker, who is the owner of Baker Hospitality, which runs a pub with rooms called the Sun Inn, in Dedham; and bar and restaurant Church Street Tavern, in Colchester.

Baker said: “Mersea Island is a special place that deserves an independently owned pub with restaurant and rooms that welcomes locals as much as visitors.

“It has a great community many of whom are already friends and customers who have told us how much they look forward to us being there. I feel proud, grateful and excited to be opening in West Mersea and can’t wait to open our doors.”

For the full story, click here​.

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  • If you have any information regarding new openings or property details you think could be used in this weekly round-up section, along with hi-res landscape images, please email gary.lloyd@wrbm.com​​​​​​​​​​​​​​​​ before midday on Tuesdays.

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