Punch snaps up 2 pubs

By Amelie Maurice-Jones

- Last updated on GMT

Community acquisitions: Punch acquires two sites
Community acquisitions: Punch acquires two sites

Related tags Punch Property Pubco + head office Finance

Punch Pubs & Co has acquired two new community pubs to add to its 1,300-strong portfolio.

The Burton upon Trent-based operator has added the Harrows Inn, Coven, South Staffordshire and the Cornerhouse in Beverley, East Yorkshire, to its portfolio.

The Harrows Inn is known for its food offer, according to Punch, and includes an outdoor space that can seat 160 people. The pubco plans to further invest in the outdoor area with new signage, lighting, and an upgrade to the children’s play area.

A new operator has taken to the helm of the pub, which is open and trading.

New sites

Punch’s second pub the Cornerhouse offers a large range of cask ales. The pub group hopes to invest in an internal and external redecoration at the site with new signage, lighting, and a new garden landscape.

The pub also remains open and will undergo investment in September. Following this, the newly appointed operator will launch a food menu that will be served seven days a week.

Punch Pubs head of estate development and acquisitions Andrew Cannons said: “We are so proud to bring these two excellent pubs into our estate. Both pubs have huge potential, and we are confident that under our guardianship, they will continue to thrive at the heart of their communities for many years to come.

“This is an exciting time for Punch, and we are continuing to look for additional high-quality pubs to add to our existing estate.”

Senior shakeup

This comes after the pubco announced a shakeup​ within its senior executive team last week.

Dan Hills, managing director of Punch’s sister company The Laine Pub Company, announced he would be stepping down after 24 years in the business and will be succeeded by Punch's Marketing & Strategy Director, Russell Danks.

Laine chief executive Gavin George said: "Dan has played an integral part in creating the amazing company Laine is today.

“Having started with us in pub operations and progressing through senior management roles to Managing Director of the pub business, Dan has been instrumental in the creation of market-leading pub experiences and has made an unprecedented contribution to the culture and DNA of the Laine business. 

“I am hugely grateful to Dan for his passion and dedication over the years; I know he will go on to do more great things in this industry."

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