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 email@example.com before June 19.
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