Oakman Inns’ portfolio booms with addition of 20th site

Peter Borg-Neal, CEO

Pub group Oakman Inns reaches landmark achievement of 20 properties in its 10th year of business.

The company, which has now opened The Anchor in Essex, acquired the site from private vendors.

Oakman CEO, Peter Borg-Neal, commented: “This is a superb pub and a very exciting addition to the Oakman Inns group. We look forward to working closely with the very talented team at The Anchor.”

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The estate continues to grow with new five plans for expansion in the pipeline.

Work has commenced on their £1.8m development of The Cherry Tree in Olney which is expected to open in Q1 2018 and planning permission has been gained for the major redevelopment of The Royal Foresters in Ascot.

Work on the £5.2m project will begin as soon as some pre-commencement conditions are discharged with the opening expected to be in April 2018.

Following the acquisition of the neighbouring building, work has begun on a £600,000 project to extend and refurbish their flagship site, The Akeman in Tring.

On completion of this project, Oakman will have refurbished all of their first five sites over a period of two years.

The Betsey Wynne in Swanbourne reopens this Friday 18th August after a £1.3 million development to extend and upgrade the property that Oakman took on eighteen months ago.

Tags : developmentFoodserviceOakman InnsPub

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