The now vacant pub where electronic punk duo Sleaford Mods came up with the band’s name will be transformed into an independent microbrewery, following a deal led by our Commercial Property team.
The Golden Fleece, in Mansfield Road, Nottingham, dates back to the 1800’s and has some of the city’s deepest caves running three storeys beneath the Grade II listed building.
The community-driven venue has been taken over by a local brewery, which also runs another city centre pub. Further details are currently under wraps but the Golden Fleece, which is due to reopen before Christmas, will have its own brewery in the cellars and host regular live music evenings.
Paul Hinchliffe, Associate in our Commercial Property team, acted for Carlton Street Trading Limited, a family-owned development company which purchased the pub. He said:
“This was a rewarding deal to be involved in and I hope it will benefit the local community and wider social and music scene in Nottingham for many years to come. The pub was empty before it was purchased by Carlton Street Trading Limited but it will now be turned into a venue that I have no doubt will thrive due to its fantastic location and community feel.
“Not only does the pub date back to the 1800s and sits on top of a tunnel of caves, but at the start of October, we found out Sleaford Mods member Jason Williamson named the pub as one of the city landmarks that played a key role in the making of the band. It really is rife with history.
“Carlton Street Trading Limited is currently in discussions with a local independent microbrewer, which has a track record of rescuing old pubs and creating thriving, buzzing places that people want to visit.”
Sam Burt, Director of Carlton Street Trading, added:
“The Golden Fleece is a historic pub that’s in a really good location towards the city side of Mansfield Road. It would’ve been a shame to leave the pub empty so we bought it and started marketing it soon afterwards – we had five offers to take over the pub in just two days, showcasing what a great venue it is.
“The pub is three storeys high and goes three storeys below the ground due to some truly fascinating caves. Historically, caves in Nottingham – which is regularly known as the city of caves – were created for brewing and storing beer and ales due to their consistently cool temperature all year round. An idea of how deep the caves run can be seen through a glass panel over the old barrel drop cut into the floor.
“Paul at Nelsons was key in pulling all the detail and structure of the deal together. There was a really tight timescale for the sale and Paul’s expertise allowed it to happen very quickly – the deal was completed within just two weeks.”