The latest pub property round-up includes news of expansions into south west England by Flight Club and Boxpark while Corona and Inn Collection Group have made waves with new sites by the sea.
The latest property news from the pub sector includes new site updates from groups including Greedy Gordons and Revere Pub Company, as well as further news from ‘big six’ operators including Punch and Admiral.
Some 384 pubs – on average six per week – have ‘vanished’ during the Covid-19 pandemic so far, having either been demolished or converted for different use, according to new figures from Altus Group.
The last week has seen Wales and Tottenham star Gareth Bale sign a new lease for Elevens Bar & Grill, as well as updates from the New World Trading Company, Inn Collection Group and Hawthron, among others.
UKHospitality (UKH) boss Kate Nicholls has written to the Chancellor asking for more financial support to help pubs rebuild as pandemic restrictions are eased.
The Government must re-consider its proposed £2m business rates relief cap or face the continued “systemic closure” of pubs, according to Colliers International’s head of business rates.
In addition to the announcement BrewDog has signed a lease on a ‘carbon negative’ Las Vegas venue, mixed martial arts superstar Conor McGregor and London mayoral candidate Laurence Fox have made on-trade moves.
A group of hospitality operators and property agents are calling on the Government to implement the same rent relief scheme as has been adopted in Australia, according to reports by MCA Insight.
