Hydes to invest millions in pub estate throughout the year
The independent business will begin the investment programme with a refurbishment of its ‘award-winning’ pub and boutique hotel, The Abel Heywood, in Manchester
Hydes Brewery will be committing to a multi-million, seven-figure investment programme across its pub estate throughout the remainder of 2024.
The independent business, which marked its 160th anniversary last year, will begin the investment programme with a refurbishment of its “award-winning” pub and boutique hotel, The Abel Heywood, based in Manchester’s Northern Quarter.
Acquired by Hydes in 2015, The Abel Heywood will close on 25 February for a full interior refurbishment including new booth seating, modernisation of existing Victorian-style decor, new external signage, lighting and a revitalisation of the bar areas.
Hydes will be committing a £200k investment to the project and aims to reopen the pub to customers on 9 March. The on-site boutique hotel, which is popular with visitors to Manchester, has a 99% occupancy rate and will remain open throughout the renovations.
The investment forms part of a wider multi-million-pound programme planned for other key sites in Hydes’ portfolio including significant investments at The Boat House at Parkgate on the Wirral, The Nursery Inn at Heaton Norris, Stockport and The Mount Inn at Chester.
According to the company, its investment total will run into seven figures for the year and will include smaller-scale refurbishments at a number of additional Hydes pubs.
Last year, Hydes committed over £4m worth of investment in its estate. The Jolly Thresher in Lymm and The John Millington in Cheadle Hulme both underwent extensive refurbishments. Further investments were made at various other sites including The Sam Brooks in Sale, The Golden Lion in Rossett and Alfreds in Macclesfield.
Adam Mayers, MD of Hydes, said: “The Abel Heywood is a key venue and kicks off a series of investments that will see us continuing to commit to the ongoing refurbishments of all pubs in our estate. This follows significant investment programmes for the previous two years, resulting in the revitalisation of multiple sites.
“Investment in our pubs and our people is top priority at Hydes and this will continue throughout the coming year, strengthening our offering and enhancing the overall experience for all our customers and guests.”
Hydes operates nearly 50 pubs ranging from Lancaster in the North to Stoke-on Trent in the Midlands and across to North Wales, including a wide selection of premium dining destination outlets and traditional community pubs.
