This marks the third pub in the city for the brewer and pub operator following the Red Lion in the Jewellery Quarter in early 2024, and later the New Inn in Harborne in 2024.
The company revealed in January that it had new plans for a major investment in the New Inn, Harborne.
The brewery has purchased the freehold from Robert Beacham and John Whitehead, which has previously been leased to Bistro Pierre.
It will operate as the Waterside Tap and will remain open as it is with Joule’s beers on the bar.
The company said it would take some time to get to know the building, the area and the people. The plan is for the premises to be restored and reopened as a Joule’s Taphouse.
Great pride
The company said it has “great pride” in bringing pubs back to life. It highlighted the success of The Leopard in Nantwich, which is now a thriving town pub following a restoration.
Joule’s development director Anna Brakel said: “This is an ambitious site for us but we do not undertake this challenge lightly.
“Waterside Tap in the next year will turn into a Joule’s Taphouse. Just like with our previous projects, we recognise the importance of preserving the history and unique features that make each pub special.”
Understand the site
She added: “We’ll take our time to understand the site, community and listen to the customers to help guide our plans. We are lucky to have many listed buildings within our Taphouse Estate - we find they have the most charm, as they’re steeped in history.”
The licensees of the New Inn in Harborne will also take on the running of the Gas Street site.
Jon Whitehead, who handled the sale, said: “I’m very much looking forward to seeing Joule’s Brewery in central Birmingham - I’ll be sure to visit and have a pint of Joule’s Green Monkey in the near future.”
The purchase was secured with support from Matt Phillips, of Matt Phillips Surveyors, who also acted for the company during the acquisition of the New Inn, Harborne.
