Plans to open Gloucester’s first micro-pub have fallen through.
Inn The Round was tipped to become the city’s latest drinking establishment and would have revitalised the former Cash It centre on the corner of Southgate Street and Llanthony Road.
In a statement, Mark Deacon, the man behind the plans, said: “Regrettably we have to let everyone know that our plans for Gloucester’s first micro-pub have had to come to an end. Whilst we really believe it would have added much to the city’s real ale scene we faced many challenges to achieve compliance with planning requirements.
“To achieve these in the end would have required far more resources and driven the set up costs far beyond what was achievable for us. We would like to thank everyone who showed their support.”
The costs of the altering the building to meet building regulations are thought to have been too great for Mr Deacon, who is also a committee member of the Campaign for Real Ale’s Gloucester branch.
His vision for a real ale bar free from ties was not lost on his fans. Andrew Stead said: “This is a real shame. You guys would have been a great addition to Gloucester.”
Mark Cooke said: “I remember having a really (bad) time running one if Gloucester’s finest inns. A chap used to come in and tell me how good it all was, really kept me going. If I can help or support in anyway I would like to repay you. Please don’t give up.”
Gloucester City Council leader Paul James said: “I think the cost to get things up to the building regulations has spiralled beyond what they can afford.
“There might be a way of turning it around. It would be a big shame to come this far and not try and see it through.
“There are certainly grants that they would be entitled to but whether they would cover their costs I don’t know.”
Evening economy grants of up to £10,000 have been introduced by the council in the past year.
Mr Deacon said he was ‘aware’ that grants existed for ‘certain parts of the city’.
Jared Brown, from Gloucester Brewery, which had hoped to stock its beers at the venue, said: “It is disappointing. To have something here would have provided a good link to the Quays.
“There is still a real appetite for this. People want decent places to go out in and the Quays are thriving.”
The Luminar Group, which owns Liquid, the Eastgate Street nightclub, has also reported a successful year, with a 50 per cent rise in profits – a pre-tax profit of £3.4million.