(CelebrityAccess) UK venue management company VMS Live has acquired two venues based in Hull, East Yorkshire, England: The Welly and The Polar Bear.
VMS, run by former MAMA director Steve Forster, has purchased the 880-capacity Welly and the lease on “small bar” venue the Polar Bear from owner Humyne Ltd., according to IQ. The deal includes the IP of ticketing business Hull Box Office.
“The Welly is an institution in Hull and is both a great live and club space,” VMS operations director Richard Maides told IQ, “and I feel the Polar Bear is a venue with both great history and massive potential. We intend to develop both venues sympathetically working with the existing staff team to help them bring to life some of the plans they have had in place for some time, particularly in relation to the Polar Bear, where we will be extending the venue to create new toilets and dressing rooms, as well as a new stage area and an increased floor space.
“We are looking to commence the works as soon as possible, with the new venue reopening late January with a new permanent PA and lighting installation as part of the overall improvements.”