The Snug Bar, situated on St Johns Street in Bury St Edmunds, has been sold and will reopen as The Tavern on St John’s on 24 May, following a complete refurbishment.
The property’s leasehold was sold for an undisclosed sum, but marketed off a guide price of £150k.
The unit has an ideal high street location which benefits from being surrounded by a number of independent retailers, restaurants and bars.
Boasting a ground floor space of approximately 3,000 sq ft and 100 covers, the premises provides plenty of space for both the restaurant and bar area.
The new co-owner, Craig Nichols, proudly announced, 'At The Tavern on St John’s, we want to create a relaxed, friendly, classic pub atmosphere. So, to go along with that, we felt the ideal food offering would be a fun and informal menu that encourages the idea of sharing.
'Small plates of wonderful, fresh, home cooked dishes perfect for mixing and matching between friends. You will be able to visit the Tavern and never have the same meal twice.”
The sale was mediated by Gareth Hatton of Fleurets’ East office, who said, 'I am delighted to have had the opportunity of selling this wonderful bar and restaurant to another successful local and independent operator.
'They have some great plans for the premises and have already commenced a refurbishment that will see this notable property taken to the next level.
'I wish Craig and his team the very best of luck with their new venture, which I am sure will be a hit with both locals and visiting tourists to the town.”