Hydes plans hotel, pub and restaurant in Manchester and targets managed acquisitions


Machester based brewer and pub operator Hydes, has announced plans to build a hotel, pub and restaurant in the city’s Northern Quarter district.

Subject to planning permission, the family owned company plans to convert five buildings on the corner of Turner Street and Red Lion Street, opposite the Solita restaurant, into a large gastro pub complete with 14 hotel rooms and space for private dining.

The council is likely to approve the plans, however 15 letters from local residents have already been sent to the council opposing Hydes' plans.

Earlier this month Hydes also announced plans to trial a new value dining concept and is looking at acquiring further sites for its managed division.

Chariman Peter Johnson said: “We believe the managed houses provide the greatest potential for the future and we have developed two successful trading styles: a high quality food-led proposition and a traditional wet-led offer with ancillary food.

“We are currently rolling out the food-led proposition. We now have four sites in this category and we anticipate at least six by the end of 2013. The Coach and Four in Wilmslow is currently being refurbished as the latest addition to this group.”

Within the last year the company spent £1m upgrading and refurbishing its pubs and realised £729,000 from disposals. It spent £704,000 on its new brewery which it moved into last December and invested £1.4m on the brewery plant, fixtures and fitting.