Buttermarket owner to hand over Shrewsbury venue after 15 years

Summarised from 2 outlets · Updated 20 Oct, 10:20 · Archive

The owner of Shrewsbury's Buttermarket is stepping down after nearly 15 years to allow a larger independent group to take over from January 2027.

Martin Monahan, who purchased The Buttermarket in Shrewsbury in 2012, has announced he is stepping down as owner. The new owners will take over from 1 January 2027, with their identity to be officially revealed on Wednesday morning.

Monahan invested over £2 million in the restoration and development of the historic venue during his near 15 years in charge. Under his ownership, The Buttermarket has established itself as Shropshire's largest independent live music and events venue, hosting touring artists, tribute shows, comedy, Bongo's Bingo and private events throughout the year.

In a video announcement, Monahan said he had always known the time would come to 'hand over the baton' to a 'younger, vibrant and ambitious team' capable of taking the venue to an even higher level. He described the change of ownership as 'a new beginning for the Buttermarket to secure its future'.

How it is being reported

• The Buttermarket owner to ‘hand over the baton’ after 15 yearsThe owner of The Buttermarket in Shrewsbury has announced that he is preparing to ‘hand over the baton’ after almost 15 years at the helm of one of Shropshire’s best-known independent live music and events venues.Shropshire Live · 20 Oct, 09:54
• Owner of Shrewsbury's Buttermarket to stand down for 'larger independent group'“This is a new beginning for the Buttermarket to secure its future”Shropshire Star · 20 Oct, 09:08

In this story: Martin Monahan · The Buttermarket · Shrewsbury · Shropshire

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