Principle Leisure, the North-East-based pub operator, is set to open its 11th site — in a former video store in Guisborough, Teesside. It will be the first Teesside venue for Principle,which has leased the derelict site for an undisclosed sum and has planning permission to create a Continental bar, complete with roof terrace. Under Redcar & Cleveland Council’s “Uplifting our Town Centres” initiative, the project will benefit from a 50% contribution to external renovation costs. Principle operates seven venues across the north-east and three in Sheffield and Nottingham