18th September 2019 Issue no. 475
Your industry news - first
The Master Locksmith sold
A closed pub at a Derby retail park has been sold. Orchid Pub Group put The Master Locksmith, at the Meteor Retail Park, up for sale after it was deemed "not viable as a pub business." According to Orchid, it has now secured a deal for the property.
Paul Kotrys, the firm's property director, said: "The Master Locksmith was not viable as a pub business hence Orchid's decision to sell it. The new owners took over on January 17." Orchid said that due to "contractual obligations" it was not able to disclose who the new owners were or their plans for the site. The pub was one of 290 bought by Orchid in 2006 from Burton-based Punch Taverns for £571 million.
Source: Derby Telegraph
29th January 2014