Investment

Punch invests £1.2m into north-east pubs

By Nikkie Sutton

- Last updated on GMT

Investment: the Dickens Bar and Inn had an almost half-a-million pound makeover
Investment: the Dickens Bar and Inn had an almost half-a-million pound makeover

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Pubco Punch has revealed it has invested more than £1.2m into pubs in the Whitby and Scarborough area since August 2015.

Two of the sites, the Dolphin Hotel in Whitby and the Dickens Bar and Inn, in Scarborough together benefited from £650,000 of the investment.

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More than a third of the £1.2m total (£450,000) was invested in the Dickens Bar and Inn to replace and redecorate floors, walls and ceilings along with new fixtures, fittings and lighting.

Competition

CEO of Punch Duncan Garrood said: “Competition for customers in the leisure and hospitality industry has never been fiercer and pubs have to keep up in order to remain relevant. Our investment in our pubs is designed to place them at the centre of their communities and give them every advantage against their competitors.

He added that he was delighted Punch had the opportunity to invest heavily in the Whitby and Scarborough area and he hopes customers will reap the benefits.

MP for Scarborough and Whitby, Robert Goodwill said: “It’s really great to see that Punch have put so much time, effort and money into my constituency.

“I am incredibly grateful; with the amount of tourist attention we receive, this will really help business owners throughout the seaside towns. I have been lucky enough to reopen and visit a number of Punch pubs, and I must say the transformation has been phenomenal.”

Larger plan

These investments in the north-east are part of a larger plan for Punch to invest £45m in their pubs nationwide, having already spent £800,000 this year in the Highlands and £1.2m in Derbyshire, Leicestershire and Nottinghamshire respectively with investment plans set to continue into the next financial year.

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