Welcome To the City Pub Company (West) Plc
The City Pub Company (West) Plc., is a high quality and successful pub business founded in December 2011 by the established industry entrepreneurs David Bruce and Clive Watson, and John Roberts, former Managing Director of the Fuller’s Beer Company. The business has acquired and is operating a high quality portfolio of pubs in cities and major provincial towns, mainly to the south and west of London. It already boasts a distinctive portfolio of attractive pubs in affluent provincial towns and cities including Bath and Henley-on-Thames.
The team already has an excellent track record. In 2001, David Bruce and Clive Watson created the Capital Pub Company, which they sold in 2011 to Greene King for an enterprise value of £93m. This latest venture aims to repeat that success, and The City Pub Company (West) Plc is joined by its ‘sister’ company, The City Pub Company (East) Plc – both have been set up under the Enterprise Investment Scheme in order to ensure tax efficient returns to our investors. Each Company is run separately with it's own management team, and each has a number of pubs with distinctively different retail offers but united by a passion for high retail standards and locally sourced ales (some of which are brewed on the premises), ciders, wines and fresh food. The City Pub Company (West) Plc team is led by Alex Derrick, formerly with the Capital Pub Company.
The initial funding in early 2012 raised £2m each for the City Pub Company (West) Plc and The City Pub Company (East) Plc, and was significantly oversubscribed, as was a second fundraising in September 2012, raising a further £1.9m in each Company. We are extremely pleased to report that a third fundraising of £5m in each company in February 2013 was also oversubscribed and successfully completed. We are now delighted to be able to announce a fourth Offer from November 2013 - please see our 'Investors' page for further details of this.
The City Pub Company (West) Plc., has a growing portfolio of wonderful pubs. Two of these are in highly desirable 'London villages', the Lighthouse in Battersea and the Roundhouse in Wandswoth Common, alongside two great pubs in Bath, The Cork, close to our other pub in the city, the Bath Brew House which opened in September 2013, and in Oxfordshire, we have the wonderful Henley Brew House. There are also a number of other exciting sites under development which will be unveiled shortly, including a site currently called "Alfies' in the heart of the cathederal city of Winchester, which we plan to develop in the middle of 2014.