Inn Collection Group revamps 3 pubs
Lake District refurbs for Inn Collection Group
Three Lake District Inns are now under refurbishment as the Inn Collection Group works to breathe new life into the Wateredge Inn, the Waterhead Inn and the Angel Inn.
The Newcastle-based operator began the third of these revamps on Monday 17 October as contractors moved into the Waterhead Inn, with national firm GSSArchitecture appointed as architects and principal designers on the schemes.
All sites will benefit with new bars and restaurants, improved accessibility and higher quality guest accommodation. The Wateredge Inn and the Waterhead Inn buildings are situated on a prominent plot of land, providing guests with view of Lake Windemere.
In addition to the Lake District inns, the Park Hotel in Tynemouth also recently started construction work on site, with contractor STP Construction working on the revamp of the hotel.
The Inn Collection Group property director Louise Stewart said: “We are delighted to be working with GSSArchitecture and bringing their expertise to the refurbishment of these much-loved inns. They are iconic sites that we are excited to have brought into group and we are confident guests will love them once they are ready to welcome people back through their doors.
“It is important to us that our renovations bring our own identity but at the same time are respectful of these iconic properties heritage and working with GSSArchitecture will help achieve that at these inns.”
GSSArchitecture partner Simon Rennison-Rae commented: “It’s a pleasure to be working so closely with The Inn Collection Group on multiple projects in the Lake District and beyond. We are excited to see how these much-loved buildings can enhance the communities and we look forward to visiting each one once they’ve been renovated!”
West Sussex pub hits market
Fleurets has brought to market Snowdrop Inn in Lindfield, West Sussex.
The freehold of the traditional country pub is now available to purchase with a guide price of £575,000 plus VAT.
The site is situated near to a duck pond, lime tree and village high street.
Somerset pub comes to market
Fleurets has brought 17th century pub the Candlelight Inn, Bishopswood, Somerset to market.
The venue has undergone a recent refurbishment of the trading areas.
Current owner Mike Rose, who has owned the Candlelight Inn for the last six years, commented: “I have owned The Candlelight Inn for the last six years.
“It has been an honour and a privilege to work with some of the most talented people in the industry and I will be very sad to sell this fantastic business.” He also believed anyone to take the place over would be met with a “warm welcome” from locals.
Nick Fisher, Fleurets senior associate added: “The business has been run extremely successfully, however, there is still scope to build turnover further with the potential to add letting rooms and explore other options with this substantial site.”
Late night bar and restaurant comes to market
Savills, on behalf of a private operator, has brought to market the Coco Tang Vietnamese café bar and cocktail lounge in Nottingham, Nottinghamshire.
Coco Tang first opened in 2009 and is arranged over five levels extending to more than 9,000 sq ft. The venue, which holds a 3am licence, is held on two separate leases which both expire in September 2033 at a combined rent of £91,000 per annum.
Savills licensed leisure team director Paul Breen commented: “This is a fantastic opportunity to acquire one of Nottingham’s finest hospitality venues.
“Coco Tang has built an excellent reputation in the city and represents a rare opportunity to acquire a highly successful long-established business that stands out from the competition due to its unique style of operation. It should appeal to established operators and new entrants and has real potential to be rolled out to other locations across the UK.”
A Coco Tang spokesperson added: "Built with passion, dedication and an outstanding team, Coco Tang has hosted in excess of two million guests over many years.
“In growth, ever-popular and changing with the times, we are excited to embrace a new chapter for Coco Tang and the realisation of its potential under fresh leadership."
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