Popular Worcester bar sold to existing local operator
Specialist business property adviser, Christie & Co has completed on the sale of the Cap n Gown in Worcester city centre to an experienced, local operator.
A popular and well established venue for real ale and live music, the Cap n Gown has a loyal following of locals and quality beer enthusiasts. Sitting in the heart of Worcester, close to the Worcester Foregate train station, the bar is a prominent establishment drawing in passers-by and those enjoying the city’s thriving nightlife.
The pub was previously operated by a regional brewery and has been purchased by new owner, Bar 45 Worcester Ltd. They plan to focus their efforts on improving the customer experience by injecting capital expenditure into the property, including a complete refurbishment of the trading areas. There will be an emphasis on providing good quality products in a relaxed environment whilst showcasing sporting events.
The company director comments, “We are existing operators in Worcester and look forward to putting this pub back on the map under its original name, ‘The Feathers’. We intend on opening near to the end of the summer period.”
Joshua Sullivan, Senior Business Agent at Christie & Co handled the sale and comments, "We conducted a comprehensive marketing campaign, and shortly became inundated with enquiries which led to an attractive offer from a local experienced operator. The venue proved to be popular due to its city centre location.”
“I wish Bar 45 Worcester all the very best with their new acquisition, and I have no doubt that it will be a success following their plans to develop the business further.”