A beloved pub in County Durham has new owners, promising exciting changes ahead for locals and visitors alike
Edmundbyers: A charming pub in County Durham has a new owner. The Derwent Arms, a favorite spot for locals, was recently acquired by Valiant Pub Company. This place is known for its cozy atmosphere and delicious food.
Valiant Pub Company is growing fast. They’ve been on a bit of a buying spree lately. The Derwent Arms is their fourth pub in the area. They also own The Keelman Arms, The Heart of Northumberland, and The Railway.
The pub has a lovely restaurant and a beer garden. It’s a great spot for enjoying local produce. The previous owners did a fantastic job refurbishing it, making it even more popular.
David Cash and Marslie McGregor from Christie & Co helped with the sale. They mentioned that the pub has a solid reputation and attracts both locals and tourists. It’s a great opportunity for Valiant to keep the momentum going.
Valiant is also expanding into other regions like the North West and Midlands. Their recent financial reports show impressive growth, with turnover jumping from £8.3 million to £18.2 million.
So, if you’re in the area, keep an eye on the Derwent Arms. Exciting things are on the horizon!