Thursday, October 10, 2013

News: Marston's pub plan for Waverley


Marston's, the UK's leading independent brewing and pub retailing business, is planning to invest in a new pub and restaurant on the Waverley development in Rotherham and create 40 jobs.

The Waverley development is the biggest brownfield site development in South Yorkshire and covers 741 acres, an area bigger than Sheffield city centre. It is being developed by Harworth Estates, the company created to realise the property assets of what was UK Coal.

Over a development phase of 20 years, the site will see the establishment of a new community of around 4,000 homes, shops, restaurants, schools, leisure facilities, health and community centres and parks. It is also home to the Advanced Manufacturing Park (AMP), the UK's premier advanced manufacturing technology park.

A planning application has now been submitted for a 715 sq m (7,700 sq ft) new build pub and restaurant on land between the commercial developments on the AMP and the first phase of housing.

Similar to The Bluebell Inn on the Manvers Waterfront development, the Catcliffe pub would have enough space for 180 covers, 59 parking spaces, an outdoor play area and significant landscaping.

The plans have been submitted with Chesterfield's Wildgoose Construction. Wildgoose recently started onsite on its 13th Marston's project worth in excess of £1.6m. "The Three Lights" as the public house and restaurant will be known, is located in Fleetwood, Lancashire and is due for completion in Februay 2014.

Marston's, which operates around 2,100 pubs and bars in the UK, this week gave an update on trading for the year ended October 5 2013, highlighting the strength of its national new-build pub programme. 22 new pub-restaurants were completed in the year with returns remaining strong. As a result, it proposed to accelerate the new-build programme, targeting 25-30 openings over the next few years, with a visible pipeline of sites to 2017.

Ralph Findlay, chief executive of Marston's PLC, said: "The performance of our new-build pubs is very strong. We have developed plans to accelerate the programme and intend to dispose more aggressively of lower-end pubs in order to pursue our key objectives of sustainable growth, improving returns and reducing leverage over time.

"We are confident that we are significantly improving the quality of our pub estate for both today's and tomorrow's consumer."

Also on the Waverley site, Barratt Homes and David Wilson Homes are pressing ahead with the next 54 houses under phase 1D of the development.

Marston's website
Harworth Estates website

Images: Wildgoose Construction


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