Trust Inns pledges £5m to improve estate

02-Feb-2006

Related topics: Company & City News

Tenanted and leased pub operator Trust Inns plans to spend £5m on maintenance and improvements to its 509-strong nationwide estate in the next financial year.

 

The Lancashire-based firm believes well-maintained pubs are vital in persuading quality licensees to join the company.

 

At least 100 houses will receive ongoing external facelifts while others are in line for more adventurous capital development schemes.

 

Managing director Brian King believes Trust Inns' pro rata spend on its estate is substantially ahead of the investment levels of many larger pubcos.

 

'We are utilising a substantial proportion of our operating profit on estate developments and improvements.

 

'We want to offer prospective tenants and lessees pubs in a good state of repair.'

Find us on Facebook

Spotlight

National Minimum Wage - what you need to know

National Minimum Wage - what you need to know

HMRC is naming and shaming pubs, hotels and restaurants that pay below the national minimum wage. The...

Craft Cider Trends

Craft Cider Trends

As the craft-cider movement follows the craft-beer movement, we begin to see parallels in its development. Here,...

The Big Interview: Mike Benner, SIBA

The Big Interview: Mike Benner, SIBA

In June Mike Benner left the Campaign for Real Ale (CAMRA) after 20 years of campaigning, to...

PMA's Most Mentioned 2014

PMA's Most Mentioned 2014

The Publican's Morning Advertiser has carried out its own research to uncover the 20 pubcos that have...

Follow us on