Barnet Council recently designated The Prince of Wales as an asset of community value, responding to the efforts of local residents, according to a report by David Floyd.
The Prince of Wales, situated on Church Hill Road in East Barnet, became the subject of community concern after its closure by owners Stonegate on February 14th. However, a recent statement disclosed that the establishment has been acquired by the hospitality group Heartwood Collection.
Describing The Prince of Wales as a historic venue dating back to 1876, Heartwood Collection expressed its commitment to preserving its significance within East Barnet. The group announced plans for a comprehensive refurbishment, investing millions to ensure its continued role as a central hub for the local community.
The proposed refurbishment includes expanding the bar and dining areas to accommodate up to 150 patrons, as well as creating an outdoor terrace with seating for 55. Heartwood Collection, known for its portfolio of 36 pubs and brasseries predominantly in southern England, aims to increase its holdings to 60 by 2027, with The Prince of Wales being a strategic addition.
Richard Ferrier, CEO of Heartwood Collection, expressed enthusiasm for the acquisition, emphasizing the company's dedication to preserving the pub's heritage and fostering community engagement. In response, Simon Radford, a local councilor involved in the campaign to save the pub, expressed gratitude to the residents and officials who supported the effort.
Radford credited the community's unified voice, including a petition signed by over 3000 individuals and the advocacy of council members such as Barry Rawlings, for influencing the outcome. He expressed optimism for the pub's future under Heartwood Collection's stewardship and extended an invitation to residents to patronize the reopened establishment.
In summary, The Prince of Wales' transition to new ownership marks a significant milestone for East Barnet, reflecting the collective efforts of residents and officials to preserve a cherished community asset.