Red Oak Taverns has acquired the Crown, Bredbury near Stockport directly from owners, Olwen and Peter Davies who are retiring. The current long-term manager at the pub, Lisa Wejs will continue to run the pub as the new tenant partner with Red Oak.
The Crown is a proper community pub and very popular with Manchester City fans. Speaking about their most recent acquisition, property and acquisitions director for Red Oak Taverns, Graeme Bunn said, “This is our latest single site acquisition and it fits perfectly within our pub estate. We are really pleased that Lisa is taking the tenancy ensuring continuity for this successful and well-liked community pub”.
New tenant Lisa commented, “I’m delighted to be able to continue to run the pub as the new tenant with Red Oak Taverns. It’s a brilliant opportunity in a business and community I know well.”
Red Oak Taverns acquisition programme is ongoing with the independent pub company seeking single and multiple site acquisition opportunities. It operates both tied and free of tie tenancy and leases and has pubs countrywide. Fleurets handled the purchase on behalf of Red Oak.
ENDS
Pictured: The Crown pub, Bredbury
Press Contact: Elaine Beckett; Email: elaine@darlscommunications.co.
Background Red Oak Taverns
Founded in 2011 by Aaron Brown and Mark Grunnell, Red Oak Taverns is an entrepreneurial national pub company which comprises over 200 mainly leased and tenanted pubs. The Company is privately-owned by its co-founders and a small number of like-minded individual investors. The pub estate is mainly concentrated in the South, South-West, North-West and the Midlands. Red Oak Taverns prides itself on its flexible partnerships with its Tenant Partners with the aim of developing long-lasting relationships.
Further details can be found on the Company’s website: www.redoaktaverns.com
Press Contact: Elaine Beckett; Email: elaine@darlscommunications.co.