Property Law

Chester Pub receives £500k investment

PROPERTY ROUND-UP

Chester Pub receives £500k investment

By Felicity Giles

This week’s property round-up includes sites involving Hydes, Parker Pub Co, Roxy Leisure, The George IV, Sixes and more.

OPINION: Pub valuations as a going concern

OPINION

OPINION: Pub valuations as a going concern

By Sean Ludden MRICS, director – valuation, Christie & Co real estate agent

When you're valuing a pub or other type of leisure and hospitality business, if it’s open and trading as a going concern (and, mostly, when it’s not), you value it as a fully equipped and operational entity, having regard to trading potential.

Admiral injects £260k into city pub

PROPERTY ROUND-UP

Admiral injects £260k into city pub

By Felicity Giles

This week's property round-up includes mentions from Admiral Taverns, Banx Pub Company, Henley Pub Co. and more.

GBPA winner hopes for increased trade during Christmas

GBPA winner hopes for increased trade during Christmas

By Felicity Giles

Great British Pub Award (GBPA) winner for the Best Pub for Sport – The Gardeners Arms, known locally as the Murderers – hopes for a boost in trade as sporting events increase throughout the remainder of the year.

Heartwood Inns opens 4th site with rooms

Heartwood Inns opens 4th site with rooms

By Felicity Giles

The Coat & Bear situated in Newbury, Berkshire has opened its doors, following a multi-million pound renovation provided by Heartwood Inns.

£2.66bn tax hike looming

£2.66bn tax hike looming

By Nikkie Thatcher

Hospitality, retail and leisure firms are set to pay £2.66bn more in business rates, experts have warned.

Admiral invests £374,000 into its estate

PROPERTY ROUND-UP

Admiral invests £374,000 into its estate

By Felicity Giles

This week's property round-up includes mentions from Admiral Taverns, Arc Inspirations, Star Pubs, Mongomery Group and more.

Inside Uber’s carbon-negative pub

Inside Uber’s carbon-negative pub

By Nikkie Thatcher

The Morning Advertiser had a look around Uber’s pop-up site, which the car booking app said was London’s first carbon-negative pub.

Uber launching carbon-negative pub

Uber launching carbon-negative pub

By Nikkie Thatcher

Car booking app Uber is opening a London venue, which it claimed is the capital’s ‘first carbon-negative pub’.

Heartwood opens third pub with rooms

Heartwood opens third pub with rooms

By Rebecca Weller

Award-winning multiple operator Heartwood Collection has opened its third pub with rooms, The White Hart in Lewes, East Sussex.

Young's transforms old bank into new town pub

PROPERTY ROUND-UP

Young's transforms old bank into new town pub

By Felicity Giles

This week's property round-up includes mentions from Young's, Punch Pubs, Manahatta, DGB Hospitality Group, Robinsons Brewery, and more.

Boxpark confirms new site

PROPERTY ROUND-UP

Boxpark confirms new site

By Felicity Giles

This week's property round up includes mentions from Boxpark, Weston's Cider, Wren's pubs, Red Engine and Fleurets.

Utility prices unlikely to return to 2022 levels

UTILITY UPDATE WITH NATIONWIDE ENERGY

Utility prices unlikely to return to 2022 levels

By Nationwide Energy

Volatility is greater in gas and electricity commodity costs in winter. Gas demand exceeds available supplies with reserves bridging the gap.

Music venue to reopen after 4-year closure

Music venue to reopen after 4-year closure

By Felicity Giles

Bootleggers in Kendal, Cumbria is set to open once again creating an estimated 30 new jobs. The site is set to be reopened by Westmorland Group.

'Poor reviews can be seriously damaging'

'Poor reviews can be seriously damaging'

By Felicity Giles

Stanley’s of Streatham in south London, received a negative Google review, which claimed the pub was not offering enough vegan menu options.

Drinks sales continue difficult run

Drinks sales continue difficult run

By Rebecca Weller

Drinks sales have continued a difficult run as year-on-year sales slump by 5%, the latest Daily Drinks Tracker from CGA by NIQ has revealed.

Site numbers rise despite sales fall after riots

Site numbers rise despite sales fall after riots

By Gary Lloyd

New research has revealed drink sales in city centres fell by a whopping 10.2% during the rioting that followed the fatal stabbings in Southport at the end of last month.

Hot weather increases drinks sales by 7%

Hot weather increases drinks sales by 7%

By Gary Lloyd

With the weather set to remain good this week, pubs can make hay after last week brought a 7% uplift in total drink sales after the previous gloomy week saw sales slump.

Industry insolvencies soar by 20%

Industry insolvencies soar by 20%

By Nikkie Thatcher

Insolvencies in the hospitality sector increased by a fifth (20%) in the 12 months to May 2024, official figures found.