Closed Tewkesbury town centre pub to be brought back to life
Specialist business property adviser, Christie & Co is delighted to report a town centre pub in Tewkesbury formerly known as Theoc House, which has been closed for more than two years, has been sold and is set to be given a new lease of life by RP Hospitality Group, fronted by businessman and publican, Ram Parmar.
Business. Built around You.
Your expert business property advisers
Centrally located in Tewkesbury at 85 Barton Street, RP Hospitality Group are refurbishing the much-loved building into The New Plough, a fresh and vibrant freehouse with traditional values. Once open, The New Plough will boast live sports and weekly entertainment alongside a wide selection of beverages including a great choice of beers, real ales and gins.
New owner Ram, who operates another pub in Rugby, says, "We're really looking forward to opening the venue as The New Plough, as it was such a shame to see this beautiful building going to waste. We hope to breathe new life to the community of Tewkesbury by offering pool, darts, karaoke and lots of live entertainment plus much more. We're also thrilled that our new venture will be able to provide a number of new jobs to the town."
Ram hopes The New Plough will be officially open in April, with the kitchen opening in the summer, and will be heading operations alongside his partner Stephanie Morgan, while building a team of new staff.
He adds, "Rest assured, the locally famous function room is being lovingly refreshed and will be available to hire for all your special occasions in due course."
The pub was previously owned by the House family, who also own Hawkes House in Thornbury, South Gloucestershire, and Coates House in Nailsea. The geographical location of Theoc House was too far away from the other two sites to manage the venue effectively. Hence why they decided to sell and focus all their efforts on the other two sites.
Nicholas Calfe, Director in Christie & Co’s Hospitality team brokered the sale and comments, “With its town centre location, the closed site provided a blank canvas for a multitude of uses and therefore attracted a number of potential interested parties from varied backgrounds. This included music venue operators, restaurateurs, professionals and developers, for a possible conversion to residential flats as it has a car park to the rear. In the end the buyer has reverted to its original pub usage and original name. We wish Ram and his team the best of luck when they re-open in April.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
M: +44 (0) 7721 420 656 or E: bronte.hughes@christie.com
Contact the agent:
Nicholas Calfe, Director – Hospitality
M: +44 (0) 776 424 1295 or E: nicholas.calfe@christie.com
Visit our Business Search page to find out more about our current listings.