A Seahouses harbourside pub has been snapped up by a rising Newcastle leisure firm who beat quite a lot of presents from rivals to safe the lease.
The Olde Ship Inn, identified for its maritime memorabilia that celebrates the Northumberland village’s wealthy fishing heritage, was initially a part of a farm and was first licensed in 1812.
The Glen household has been custodians of the inn since 1910 and have invested closely into the pub, 12 visitor rooms and a brand new beer backyard.
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After growing the pub right into a worthwhile enterprise, the household needed to step again from the day-to-day operations and search a brand new leasehold operator to take the reins.
The Inn Hospitality Group, based mostly in Newcastle, has now taken on the lease after being picked by the Glen household to amass the enterprise.
Earlier operator Alan Glen mentioned: “It’s with a heavy coronary heart that we hand over the keys to The Olde Ship, however the timing is totally proper for us.
“The Ship has been in our household since 1910, with our daughter Judith and her husband David concerned in operating the enterprise for the previous 20 years. For sure, the choice to promote the enterprise and lease out the premises was not one we took calmly! Nonetheless, we’re trying ahead to transferring on to the subsequent chapter in our lives, understanding the property is within the arms of very succesful and reliable tenants.”
Ollie Bennett and Matt Daniel of the Inn Hospitality Group, which additionally has the Percy Arms at Chatton, The Anglers Arms at Weldon Bridge and The Derwent Arms at Edmundbyers, mentioned: “Companies like The Olde Ship very not often come to market, so when David approached us we jumped on the probability. We’re completely thrilled to have been profitable in what was a really aggressive bidding course of.
“Alan, David and Judith have put their belief in us as tenants to take care of their property and we’re 100% dedicated to doing so. The Ship sits completely throughout the Inn Hospitality Group portfolio, taking us from one to 4 venues in our first 18 months of operation.
“The venue matches with our ethos of rising an property of high quality pubs with rooms in sturdy vacationer areas, making it a incredible venue to have on board as we goal to launch our group model later this yr.
“Seahouses has without end been phenomenally busy with vacationers and with the pandemic reminding individuals of the fantastic thing about the English coast and countryside we predict the demand goes to proceed for years to return. Underpinning the vacationer commerce is a powerful, loyal, native following and The Olde Ship remains to be very a lot a ‘correct pub’, a component of the enterprise we really feel strongly about preserving and nurturing.”
David Money, director in Christie & Co’s Hospitality staff secured the brand new tenant.
He mentioned: “Given the standard of the enterprise and the sought-after location, we had been capable of run an extremely discreet and succinct advertising and marketing course of which concerned utilising our in depth community to strategy solely trusted and proceedable events.
“This resulted in a number of, credible and acceptable presents being submitted inside two weeks of going to market and our shoppers had been capable of rigorously choose whom they needed to promote their enterprise and grant a brand new lease to.”