Yorkshire Pub Stuff takes on 32nd site
Multiple operator Yorkshire Pub Stuff is taking the lease on The Major Oak in Arnold.
Multiple operator Yorkshire Pub Stuff is taking the lease on The Major Oak in Arnold, embarking on a joint £325,000 investment with owner Star Pubs & Bars.
The Major Oak is Yorkshire Pub Stuff’s sixth long-term lease with Star and brings its estate to 32 pubs.
The work will include the creation of a separate bar, a revamped sports room with screens, pool and darts, a lounge that doubles as a function room, and a new kitchen to enable food to be introduced.
Outside there will be a 120-seater garden complete with children’s play equipment.
"In the past, we’ve funded improvements to the pubs we lease," says Garry Astle, managing director of Yorkshire Pub Stuff. "We have developed a close working relationship with Star and are excited to be building on that by investing together."
A different approach
Formerly in the automotive industry, Astle has brought the Japanese Kaizen business approach to Yorkshire Pub Stuff.
"It has helped us create a robust back-office system and a fantastic team, giving us the capacity and the ability to grow with confidence," he says, "This is crucial when taking pubs on temporary agreements, as it’s often with little notice; to do it successfully, your controls and your team have to be really strong."
The business is eyeing further expansion across the Midlands, looking at leased pubs on both temporary and longer-term agreements. While the company operates a wide spectrum of sites, including rural food-led pubs with letting rooms, it is most interested in wet-led community locals in which it specialises.
"Yorkshire Pub Stuff has an excellent track record for turning round underperforming pubs," says Mike Smith, Star Pubs & Bars’ investment manager. "We’re delighted to be investing with them to unlock the potential of The Major Oak."