The owners of the Union Bank wine bar, Emma and Nick Bacon, have joined with chef Hugh Mawter to open a new pub called The Lord Anson.

The venue has had a chequered history, however the trio say they're looking forward to unleashing the building's potential.

The Lord Anson will become the city’s newest late-night venue and is set to open in September.

“It will be a late-night venue on Fridays and Saturdays but it’s not something that's in any way related to what has been here previously,” Mr Bacon said.

“It’s a beautiful pub, the bones [insides] of it are phenomenal but it needs some TLC.”

A builder, carpenter and painter have started work this week to transform the building. They will create several different zones for patrons, including a sports bar, booths and lounge areas.

“We’ll make it appealing to those who want to come dine, have a beer and watch the footy or on a date night,” Mr Bacon said.

“It’s not just for special occasions, it should be a local’s local.

“I know when I finish work at midnight I like somewhere where I can just have a relaxed beer before it’s time to go home.

“Emma and I spent time in pubs in London, pubs can be warm and endearing places, we want it to feel like your lounge-room away from home.”

Mr Bacon said The Lord Anson would be very different to the Union Bank wine bar, with a focus on craft beers, Australian lagers, a small but dynamic wine list, as well as a modern take on English pub fare.

The name pays tribute to George Anson, a Royal Navy sailor, who was First Lord of the Admiralty in the 18th century.

“It’s a pub first and foremost, it’s a place to have a drink, being named after a Royal Navy Admiral, there will be a tip of the cap to rum,” he said.

The first level of the pub is expected to be open in five weeks after some renovations and a second stage is being planned for the first floor, the details of which will be released later.

“Stage two of the project is still under wraps, we have an interesting idea, it hasn’t been done in Orange yet.”