Peach buys its first joint-venture pub
The Peach Pub Company has sealed a deal to buy the Richard Onslow pub in Cranleigh, Surrey, taking its estate to 13 pubs.
The acquisition is the first pub for joint-venture partner John Taylor, who will head the team running the new establishment.
Peach plans to develop the space above the Richard Onslow in partnership with local developers Tillingbourne to create seven en-suite letting rooms, ready for use late in 2010.
The pub is currently undergoing a minor refit to reorganise the kitchen and eatery and will reopen in mid-December.
The news comes after the food-led operator officially opened its 11th site, a second Almanack, in Leicester.
The company is also set to officially launch the James Figg, formerly the Abingdon Arms, in Thame tomorrow.
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By Neil Gerrard
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