Redcomb Pubs expands portfolio with £1.1m Westminster acquisition
Redcomb Pubs has purchased the Old Shades pub in Whitehall for £1.1m, adding to its growing portfolio of pubs and pubs with rooms.
Previously owned by Faucet Inn, the Old Shades is a Grade II-listed pub. Situated in the heart of Westminster, just off Trafalgar Square, the pub has been serving London since it was originally built in 1898 and features a 100-cover dining area and a range of British ales.
Redcomb Pubs, owned by Dan Shotton and Mark Draper, is an expanding group of country and urban pubs, including 14 pubs across London and surrounding counties and a number of pubs with rooms. Its portfolio includes the Bickley in Chislehurst, the Manor Arms at Streatham and the Theodore Bullfrog at Charing Cross.
Shotton, managing director of Redcomb Pubs, said: "We are delighted to bring the Old Shades into the Redcomb family and to see our collection of great pubs grow once more. Strengthening our central London portfolio is a key strategy for the accelerated growth of Redcomb and integral to the diversification of venues that we operate.
"The Old Shades is a well-established and well-known quality pub, loved by locals and tourists alike. We look forward to working with the team there, introducing our successful, tried and tested Redcomb formula of providing top notch food, drink and hospitality, as well as taking on the legacy of this historic landmark of a traditional British pub."
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