CHESTER Race Company is splashing the cash left, right and centre these days it would seem.

Fresh from unveiling its £100 million masterplan for the racecourse, it has just announced it has bought a country pub in Bunbury.

The Yew Tree is the fifth addition to the company’s growing portfolio of bars and restaurants and their first venture outside of Chester city centre.

1539 Restaurant & Bar marked its first venture while The White Horse pub at Chester Racecourse, was its second venue, opening Easter 2014.

Since then it has launched Commonhall St Social and most recently wine bar Ginger in the city centre.

Acquired last month, The 19th century Yew Tree pub has been a firm favourite among villagers who were shocked when it closed.

Heading up the team at the new-look pub will be experienced landlady Chloe Turner who has more than 15 years’ experience in developing pubs and restaurants around the country.

She said: “I am so excited to be part of this project. Bunbury is such a beautiful place, I can’t wait to welcome the locals to our lovely new pub.

“We will have an impressive selection of local cask ales for guests to enjoy, along with an interesting collection of wines and artisan gins.”

The Yew Tree’s menu will be created by Bunbury local, Craig Wainwright. Craig has worked for Chester Race Company for four years, developing the food concepts in Commonhall St Social and The White Horse at Chester Racecourse.

He said: “Cheshire has so many fantastic growers and farmers and I am looking forward to developing a menu that utilises what our amazing county has to offer.”

The pub is currently undergoing work to freshen up the interior but will retain its “homely feel” to promote its relaxed atmosphere, company bosses say.

The Yew Tree will be opening its doors to locals for a welcome drink and an opportunity to meet the team on Thursday, April 19.

A 50 per cent discount on food will be available to all who visit over opening weekend between Thursday and Sunday, April 19 and 22.