Cornish brewer and retailer St Austell is to transform a vacant warehouse building on Exeter Quay into a new pub restaurant and micro-brewery.
St Austell plans to invest £1.5m in converting the derelict 19th-century warehouse after buying it on a leasehold basis from Exeter City Council.
The building in Commercial Road was formerly home to the Mambo nightclub and Tiffany’s lap-dancing club but has been empty for about two years. St Austell Brewery is currently revising a planning application for the stone building and hopes to begin renovation works in early 2014, with the as-yet unnamed pub opening by next summer.
Adam Luck, estate director for St Austell Brewery, said: “We are delighted to have acquired a new site in this vibrant area of Exeter where there is such a lot of development right now with new venues on the Quay and the recently opened Haven Banks activity centre just across the bridge on the other side of the river.”