The Shires Inn in the village of Peatling Parva has been sold to a growing pub company.
Located between Leicester, Lutterworth and Market Harborough, The Shires Inn is a large, family-friendly pub, well-known locally for its carvery, curry nights, and fresh British food. The pub is a popular choice for residents in the surrounding villages as well as visitors to the Leicestershire countryside.
Having been in the hospitality industry for many years, and at the helm of the pub for over 30 years, the pub’s joint owners now wish to start new ventures of their own and hand the reins over to a new owner.
Following a sales process with Jonty Green at Christie & Co, The Shires Inn has been sold to Roseacre Pub Company, which already runs ten pubs across the Midlands. They plan to continue the success of The Shires whilst introducing a new food menu and enhancing the décor throughout the pub.
Ash Gartshore of Roseacre Pub Company said: “As a regular customer of The Shires for over 20 years, I’ve watched it trade successfully throughout that time. We already operate four other pubs in the area, so when the opportunity arose to acquire The Shires, I immediately knew it would be the perfect addition to the Roseacre Collection.
“We are currently investing around £500,000 into a full-scale renovation of the site. This includes fully updated toilets, a brand-new restaurant space, two carvery decks, and a premium resin patio area with a fire pit, all of which will give The Shires a fresh new look while retaining its much-loved character.”
Former owners Phillippa and Andy said: “After nearly 30 wonderful years at The Shires Inn, the time has come for us to close this chapter. We have loved every second of our time here, and over the years we’ve been truly blessed with the most loyal customers.
“To our incredible staff, past and present, thank you from the bottom of our hearts. You have been more than colleagues, you all became family. Your hard work, humour, loyalty and hearts are what made The Shires more than just a workplace.
“As we closed the door for the final time, it felt peaceful and right. We are excited to see what the next chapter holds, not only for The Shires, but also for ourselves, as we head off down different paths and journeys. We wish Ashley, Michael and our old Team Shires family all the best for their future and could not have wished for a better team than them to carry on our legacy.”
Jonty Green, business agent at Christie & Co, added: “The Shires is a landmark pub in the local area, and the interest that its sale generated has been significant, with many publicans interested.
“The Shires is an excellent example of how a dry-led pub can be successful and achieve fantastic results. We look forward to seeing it continue to thrive under the stewardship of Roseacre Pub Company.”
The pub was marketed with an asking price of £1,500,000 and sold at an undisclosed price.
