CHARLES WELLS PUB COMPANY CONTINUES EXPANSION DRIVE
Charles Wells Pub Company has continued its expansion drive with the acquisition of The Golden Ball Hotel in Boxworth, Cambridgeshire.The property is an excellent addition to the Charles Wells estate and provides eleven comfortable rooms in addition to the bar and restaurant areas. It’s a 16th century thatched building with a substantial garden and has an excellent reputation for its offering and customer service – both important elements of any Charles Wells pub.
“The Golden Ball Hotel is a perfect fit within our acquisitions strategy” explained Charles Wells Pub Company Managing Director, Anthony Wallis. “Whilst we are looking to buy pubs with potential, we are particularly focusing our investment on food-led pubs with great beer and letting rooms which provide retailers with profitable and sustainable businesses. Following consultation with licensees, our approach remains to invest in property, marketing and training and provide the support our retailers need to develop their business to its full potential. We remain ambitious to secure further pub groups or single sites and we have the funds and resources available to help deliver our ambition of being First Choice for Customers and Consumers.”
“We are now actively looking for an entrepreneurial retailer to invest in the lease of The Golden Ball and benefit from further growth of this already successful business” continued Wallis. “With the introduction of the fantastic range of Wells and Young’s beers and our support, we are looking forward to working with the right operator in establishing The Golden Ball Hotel as a ‘must visit’ venue within the local area.”
The purchase was negotiated through the Ipswich office of Christie + Co with the necessary legal processes conducted swiftly and discreetly and avoiding any disruption to the business. It follows the Charles Wells Pub Company acquisition of eleven properties from Traditional Free Houses.
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www.charleswells.co.uk
For Immediate Release: Thursday 8th November 2007
For Further Information, please contact: Kate Hempsall, Customer Marketing Manager, Charles Wells Pub Company
Tel: + 44 (0)1234 272625
