The successful purchase of Newcastle’s popular Union Rooms pub was a team effort between a Durham entrepreneur, property specialists Bradley Hall and commercial law firm Square One Law.
The five-storey Union Rooms, at the bottom of Westgate Road, dates back to 1877 and was put on the market for sale by its present owner JD Wetherspoon last summer.
Property agent Bradley Hall, on behalf of Durham businessman Andrew Ward, is constantly monitoring the market for commercial and investment opportunities.
Peter Bartley, Director at Bradley Hall, said: “The Union Rooms is a prize leisure asset that doesn’t often become available in the centre of Newcastle. It’s an attractive Grade II building and a profitable leisure site. There will be further investment in the Union Rooms with additional plans to develop the upper parts of the building.”
Andrew Ward has acquired the building through a newly launched company, Union Rooms Newcastle Management Ltd. Andrew already owns five pubs in Durham, The John Duck, The Angel, The Elm Tree, The New Inn and The William Hedley. He also owns Workwear Express, employing more than 130 people in Belmont, Durham.
