The total number of pubs in the UK will “continue to decline” as more than a third of freehold sites sold in 2023 no longer operate as pubs, according to the Fleurets Survey of Pub Prices January 2024.
BrewDog’s James Watt has condemned Durham County Council for its “staggering display of incompetence” regarding the firm’s new site in the city, yet the council says it has worked "tirelessly" to help the Ellon-based firm.
In this week's property round-up, Almond Pubs director Vicki Williams discusses the new look for the Fletcher's Arms in Manchester and ongoing "conversations" about future partnerships with Robinsons Brewery.
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.
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.
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.
Proper Pubs has put £1m into upgrades, Admiral Taverns has invested more than £347,000 into two Staffordshire pubs, and around £97,500 has been ploughed into grassroots music venues across the country.
The All-Party Parliamentary Group on Pubs (Pubs APPG) has asked the Levelling Up, Housing and Communities Select Committee to look at the impact the Government’s proposals for High Street Rental Auctions will have.