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Pub put back on the market

Javeed Rasul poses outside the New Inn, on the Headland, on the day of its relaunch last month

Javeed Rasul poses outside the New Inn, on the Headland, on the day of its relaunch last month

A NEWLY re-opened pub which rose from the ashes of a fire was back on the market just weeks after its grand relaunch.

The Mail reported at the end of last month that The New Inn, in Durham Street, on Hartlepool’s Headland, had been taken over by town businessman Javeed Rasul.

Mr Rasul, who owns 50 properties in Hartlepool, had bought the fire-hit pub at auction and said despite being approached by people wanting to turn the premises into two houses, he felt it was important to keep the venue as a community pub.

The pub sold at auction for £25,000 in November and Mr Rasul spent thousands on a refurbishment and opened the pub back up on June 26.

But the watering hole was advertised as being up for auction on Thursday and went under the hammer at Leeds United’s Elland Road ground yesterday, with a guide price of £60,000.

The pub failed to sell, but Mr Rasul said: “I knew it wouldn’t sell as I put a high reserve price on it.

“It’s a cheap investment for me and if I sold it, I sold it, if I didn’t, I didn’t.

“I would like it to stay as a pub and I have no plans to put it back on the market – I was just testing the market.”

He said the pub should do roaring trade during the forthcoming Headland Carnival.

He had said as it was such a nice building it would be a shame to knock it down.

The pub’s previous landlord Peter Watson, who was left fighting for his life after the fire, which happened last September, and he was dragged unconscious by firefighters from his burning home above the pub, made a good recovery.

 

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