THE UK’s largest independent brewing and pub company, Marstons, is to invest almost £3 million in a new development at Ravenscraig.
Provided planning permission is granted, the firm has agreed a deal with Ravenscraig Ltd for a new £2.9 million family pub-restaurant to occupy a 1.1 acre site opposite Ravenscraig Regional Sports Facility on New Craig Road.
Construction is expected to get under way early next year and it is anticipated that up to 45 full and part-time permanent jobs will be created with an estimated opening before Christmas 2013.
Marston’s acquisitions manager Adrian Blackburn said: “We are very pleased to be able to sign up to the site at Ravenscraig and see it as a major springboard for our development activity in the central lowland belt of Scotland.
“It will also hopefully act as a catalyst for further development in the immediate area and, dependent upon progress through planning and licensing, we would like to be on site in 2013 with a pre-Christmas opening.
“The intention is to serve an under-provided-for market of families, females and across the age range, with casual dining being the main focus of activity.
“The family pub-restaurant is geared towards fitting the needs of the residents and employees in the area, particularly when Ravenscraig becomes fully developed over the coming years.”
Ravenscraig Ltd is a joint venture company comprising Wilson Bowden Developments, Tata Steel and Scottish Enterprise which aims to create 12,000 jobs and attract in excess of £1.2 billion of private sector investment over the next 15 to 20 years.
Wilson Bowden managing director Nick Richardson said: “We are working hard to create a thriving community at Ravenscraig and this deal to create a new family pub is an important next step.
“Residents, students at Motherwell College and visitors to the sports centre will all benefit from having this facility at the heart of the new community at Ravenscraig.
“Engaging with a respected operator like Marston’s demonstrates we are committed to turning Ravenscraig into a location people will want to work, live and visit.”
Ravenscraig Ltd appointed Cushman & Wakefield to handle the sale, while Tangent Properties acted for Martson’s.
John Menzies, partner at Cushman & Wakefield, said: “Marston’s will be a terrific addition to the Ravenscraig site.
“This particular location is highly visible from the main road and has excellent access courtesy of the adjoining roundabout.
“This, coupled with a population of 60,000 people within a 10 minute drive of the site, makes it a very strong proposition for prospective occupiers.
“The intention now is to create a cluster of commercial units by releasing the plots adjoining Marston’s to the market. These could be designed to meet specific occupier requirements and could be suitable for retail, restaurant, hotel or other leisure uses.”