Trust Inns acquires The Punch Bowl Inn in Lincolnshire

The Punch Bowl Inn, a gastro pub-restaurant in Cleethorpes, Lincolnshire has been acquired for the first time in 34 years by the Lancashire-based pub company, Trust Inns for an undisclosed sum. 

Located in a north east Lincolnshire seaside town, the pub is in the town’s North Promenade with a 120-cover bar and restaurant, as well as an area with a pool table and a large function room. 

The Punch Bowl Inn will join Trust Inns’ estate of over 500 pubs across the UK and will be run as a managed house investment.

Bernard and Sheila Stafford, previous owners of The Punch Bowl Inn, said: “After nearly three and a half decades, we felt the time was right to retire and allow for younger blood to invest further in the pub and begin a new chapter. 

“The Punchbowl has been a huge part of our lives and we’ve had many fantastic years here. We really enjoyed owning the business and would like to thank all our loyal customers for their support, especially throughout such a tough final period, with the Covid-19 pandemic.”

Mark Brown, managing director of Trust Inns, said: “We’re very glad to be adding The Punch Bowl to our expanding portfolio in Yorkshire. Our broker, Sam Ashton, senior business agent at Christie and Co, was a pleasure to deal with and we’re excited to be taking advantage of the coastline tourism trade here.”