As many readers will know, we have recently undertaken a series of interviews with prospective tenants.
We have chosen our preferred team, and we are working with them towards a formal tenancy agreement.
We are confident that this team will bring the Kings Arms back to life on a sustainable basis, and thus safeguard our shareholders’ investment.
We are very excited at the prospect of working with them to re-open the pub.
For reasons of commercial confidentiality, we cannot reveal more at this stage, but we will do so as soon as possible.
An article about the renovation work on the pub written by reporter Philippa Davies can be viewed here:
https://www.midweekherald.co.uk/news/king-s-arms-pub-stockland-saved-by-people-power-1-6297724