Property

What are current trends in the pub property market?

What are the current trends in the property market?

By Amelie Maurice-Jones

The Morning Advertiser takes a deep dive into current trends in the property market. Cash is king and buyers are seeking honeypot locations and multiple income streams, while many are staying clear of borrowing from banks.

Standing out: Little Door & Co managing director and co-founder Kamran Dehdashti (left) with director and co-founder Jamie Hazeel

OPINION

Company culture: how we can stand out from the pack

By Kamran Dehdashti and Jamie Hazeel, founders, Little Door & Co

In the current economic climate, many hospitality businesses are finding the conditions tougher than ever – margins are being squeezed across the board, and revenue is less reliable and consistent than before.

Company investment: Brakspear chief executive Tom Davies (far right) with Manu Bhatt (third from right) and Richard Brown (far left) of Little & Large Pub Company and team members from the Running Horses

Brakspear pumps £2m into two L&T sites

By Nikkie Thatcher

South east-based multiple operator Brakspear is investing £2m into two of its leased and tenanted sites after signing agreements with growing pub groups Little & Large and Friendship and Beer.

Development opportunities: TRG acquired by Apollo Global Management (Credit: Getty/Martin Barraud)

TRG to be taken private in £506m deal

By Finn Scott-Delany

The Restaurant Group is to be acquired by Apollo Global Management in a cash acquisition valuing the company at around £506m.

Property refurbs: this week's round-up features Admiral Taverns and Stonegate

PROPERTY: EXCLUSIVE INTERVIEW

Historic Notting Hill pub restored to 'former glory'

By Rebecca Weller

In this week's property refurbishment round-up, we spoke to operator of the Walmer Castle in Notting Hill about the historic pub's restoration while reopening's from Admiral Taverns, Inn Collection Group and Slug & Lettuce also feature.

Openings: Big news from Arc Inspirations, King Pins, AK Whelan

PROPERTY ROUND-UP

King Pins, AK Whelan open sites

By Amelie Maurice-Jones

In this week's property news, King Pins and AK Whelan announce new sites, as Arc Inspirations looks forward to its first foray into the east midlands.

Stephen Terry’s Abergavenny restaurant The Hardwick closes

Top 50 Gastropub closes its doors

By Restaurant

Stephen Terry’s Abergavenny restaurant The Hardwick has closed suddenly after nearly two decades in business.

Awards finalists: the White Horse's Tosh Lakhnai (centre) and Sunny Hodge (right) of Diogenes The Dog

Trade great for finalists in BIH Spotlight Awards

By Gary Lloyd

Two of the finalists for Pub/Bar of the Year in the Be Inclusive Hospitality (BIH) Spotlight Awards have revealed how trade at their sites has improved so much since the pandemic.

Record results: Jonathan Neame is confident for the future

‘Record revenues’ achieved by Shepherd Neame

By Gary Lloyd

Shepherd Neame CEO Jonathan Neame is confident “the turmoil of the past few years is now settling” as the company achieved “record revenues” in the 52 weeks ended 24 June 2023.

Treasured jewel: Shepherd Neame invests more than £2.5m into its pub estate (Pictured: the Tom Cribb pub in London)

PROPERTY: EXCLUSIVE INTERVIEW

Shepherd Neame MD: 'pub's should reflect their heritage'

By Rebecca Weller

Pub refurbishments should reflect market trends while honouring their history, Shepherd Neame managing director Jonathon Swaine told The Morning Advertiser, as the pubco invests more than £2.5m into its estate.

Revved up: Shaun Craven and partner Sophie Starkey at celeb hangout Le Reve

Le Rêve cocktail bar celebrates 10th anniversary

By Gary Lloyd

Independent cocktail bar Le Rêve celebrated its 10th anniversary at the weekend and has been celebrating for the entire month of September with a packed entertainment programme.

Be smart: technology can be used in front and back of house at your premises

FEATURE - Technology

FEATURE: How tech can free up time for your staff

By Fiona Griffiths

Times are tough right now. Pub and bar operators are being hit from all sides with consumers tightening their belts, struggles over recruitment and costs soaring across the board.

The George Pub, Bethersden, opens cafe

‘If you don’t diversify you get stuck behind’

By Amelie Maurice-Jones

A pub in Kent has celebrated the launch of its community café, and has advised operators to focus on quality coffee, keep adapting, and diversify the offering if they want to do the same.

On the market: JD Wetherspoon has appointed two estate agents to sell 11 of its pubs (credit: Getty/JanpenBoonbao)

JDW to sell 11 pubs

By Gary Lloyd

Pub giant JD Wetherspoon (JDW) has appointed estate agents Savills and CBRE to sell 11 of its pubs.

Lively crowd: Pete Marshall (second from right) and his team at the Kings Arms, which won Best Pub for Entertainment get the party started

GBPA 2023

Pics of all the GBPA 2023 winners

By Gary Lloyd

For those who attended, the Great British Pub Awards (GBPA) 2023 will live long in the memory. If you were there and have forgotten who won, here is a picture special to remind who the winners were.

(Credit: Getty/ Kathrin Ziegler)

Accommodation offer can 'boost' pub business

By Amelie Maurice-Jones

It turns out there IS room at the inn, with pubs across the country investing in rooms so that guests can chill out and stay the night after enjoying the food and drink on offer.

Property round-up: Admiral Taverns and M&B included this week (Pictured: Admiral Taverns site The Camerons)

PROPERTY ROUND-UP

Admiral invests £450k into pub estate

By Rebecca Weller

This week's property refurbishment and reopening's round-up includes investments made by Admiral Taverns, Mitchell's and Butlers and Robinsons Brewery.

Room at the inn: Spend well and stay core to your values, is this operator's advice

‘Buy once and buy right’ when investing in rooms

By Amelie Maurice-Jones

The operator of the Lancashire-based gastropub Freemasons at Wiswell has advised pubs to “buy once and buy right” if they’re looking to invest in accommodation at their site.

Celebration: The future of nightclub E1 has been secured (Credit: Getty/dwphotos)

NTIA celebrates as future of E1 club secured

By Amelie Maurice-Jones

East London nightclub E1 has been working with Tower Hamlets and Big Yellow Storage to safeguard the future of the nightclub in new development plans.

Silver celebration: (l-r) Alex Arkell, James Arkell, Anne Andrews, Nicholas Tilt, George Arkell and Nick Arkell

Arkell’s toasts long-serving licensees

By Gary Lloyd

Wiltshire brewer and pub operator Arkell’s Brewery has celebrated the 25-year milestone of Nicholas Tilt and Anne Andrews running of the Duke of Edinburgh, in Winkfield.

Value offer is still great quality: Mick Howard, whose role includes overseeing the Just Add Talent model pubs

BIG INTERVIEW

Why the JAT model is a Star for Heineken’s pubco

By Gary Lloyd

In the week Star Pubs & Bars announced it was set to boost the number of it Just Add Talent model pubs by 67%, operations director Mick Howard explained more about the move and what he would like to see from the current Government to help the sector.

Spotlight

(credit: Getty/ViewApart) Experts give comment for the Beer Report 2024 The Morning Advertiser's Lock In Podcast episode 77 S4 Ep. 14: Stars in bars! (Feat. James May, Candice Brown and more) Competition kicked off: entry for the 2024 Great British Pub Awards is now open Hunt is under way for the Great British Pub of the Year The Morning Advertiser's Lock In podcast shortlisted for award Lock In podcast shortlisted for top award

Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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