Cheltenham's Bath Tavern sold by Colliers to local businessman6th August 2012

A Grade II listed pub, the Bath Tavern in Cheltenham, has been snapped up by local businessman Peter Glanville in a deal brokered by Colliers International.

The vibrant town centre pub will be run by leaseholder David Leith, who has experience of running bars in the West Indies, with new owner Peter Glanville offering help and advice from his company headquarters at the nearby Cheltenham Cheese Company.

Peter Glanville has run businesses in the food services sector for more than 30 years and brings considerable local knowledge to the new project.

He said: “I’ve always liked the Bath Tavern as I used to be friendly with the family that owned it back in the 1960s. It’s fantastic to be going back as the owner, as it has always had a really good vibe in the city centre.”

Peter said the intention was to operate using the same business model as Cheltenham Cheese, offering enthusiastic customer service and good quality food.

“Regulars needn’t worry about any major changes - we intend to offer traditional pub grub with a few extras to attract new customers from town centre businesses alongside tourists and the regulars who have supported the Bath Tavern throughout.”

Colliers International hotels director Peter Brunt said he was delighted the Bath Tavern (a personal favourite) had found a new buyer so quickly.

“Many people regard the Bath Tavern as the pub we would like to have as our local. As a business it offers a simple but successful formula, which Peter and David will build on.”

Built in the early 1800s with ground and first floor space, the pub has a single lounge bar with some exposed timber boards, two stone fireplaces, an oak bar servery and a cellar.

Peter Brunt said: “The pub and hotel sector locally continues to defy national trends, which is encouraging healthy interest in new properties coming on to the market. The prompt sale of the Bath Tavern proves once again that potential owners can still be found for good businessses in the best locations.”