Peach Pubs seeks partner for 11th site

Pub company Peach​ has started the search for a joint venture partner to help develop its 11th site - a gastropub in Leicester.

The company, run by co-founders Lee Cash and Hamish Stoddart, today announced it had agreed a deal with property developer Hammerson to build a new pub in the centre of the city.

The pub will be the company`s second Almanack site and is expected to mirror the success of the first Almanack in Kenilworth​, Warwickshire.

Cash said he and Stoddart were looking for an investor partner with experience of running a profitable restaurant, hotel or pub.

He said: "We’re looking for a rising star – someone who wants to be the best in town and work with us to create that place right here at this exciting new site in Leicester. It’s a fantastic opportunity for someone with a lot of hands-on operational experience and flair to run their own business and – importantly – get a real share in the success they create.

"And it won’t stop with the one site; we’re looking for someone who can take on two or three great Peach pubs in time and really build a profitable business as our partner, just like we have with a number of partners very successfully before.”

The Almanack Leicester will have an 80-cover restaurant with additional spaces for eating at the bar and a private dining room. Peach is aiming to open the site in October.

“This is a cracking site in a really high spec new development in Leicester that throws the door wide open to a large and vibrant adult leisure scene,” said Cash.

“It’s right in the heart of the city and part of a solid long-term development. It has all the right infrastructure including great access and parking, and the support of a really forward-thinking developer keen to bring a proven concept like the Almanack to the area."

To find out more about becoming the next Peach joint venture partner and the Leicester site, email wic@pnegjurry.pb.hx​ before June 19.

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