News Walthamstow

Another Walthamstow pub owned by Stonegate set to change hands

This is the second Stonegate Group-owned pub in Walthamstow changing hands this year
By Victoria Munro

The Flowerpot in Wood Street (credit: Penny Dampier)
The Flowerpot in Wood Street (credit: Penny Dampier)

Yet another landmark Walthamstow pub owned by the largest UK pub company is set to change hands soon.

The Flowerpot Pub in Wood Street is owned by Stonegate Group and, earlier today, a staff member confirmed they had been warned about a change of management.

They added that they and other staff have received no information about when the pub would be sold or whether they would keep their jobs and are currently “in limbo”.

This comes shortly after the announcement that the long-term manager of local favourite The Bell was being pushed out after ten years so Stonegate could take back control of the pub.

When contacted for comment, a Stonegate Group spokesperson said the company will not be taking The Flowerpot under direct control but was “actively recruiting for a new pub partner to take this business forward”.

They added that the agreement with the current leaseholder is “coming to an end” but did not indicate whether they had received an application to renew.

In their advert welcoming applications from new leaseholders, Stonegate describe the Flowerpost as a “well-established pub which attracts locals and regulars”.

They add: “[They] visit for the great selection of beers, the quirky outside courtyard with private bar and the big screens showing live Sky and BT sport. 

“Stonegate Pub Partners are now seeking an experienced publican to continue the growth of this great pub business, whilst maintaining the established customer base and utilising the fantastic facilities the pub possesses.”

Their “guide rent” is £48,000 a year and they describe the “potential turnover” as £557,000 a year.

See more of Penny Dampier’s photography at her website.