Property law

Worrying sign: number of pub and bar insolvencies soars by 66% YOY (Credit: Getty/ilbusca)

Number of pub and bar insolvencies jumps 66% YOY

By Rebecca Weller

The number of pub and bar company insolvencies soared by two thirds in the year to September as high inflation and interest rates make turning a profit “impossible”.

On the market: all 25 former Wear Inns pubs are up for sale (credit: Getty/Shaun Taylor)

Administrators appointed to former Wear Inns pubco

By Gary Lloyd

The property company that operated north-east-based pub business Wear Inns after it was acquired in August 2018 has gone into administration meaning all 25 sites are now on the market.

Iconic: Admiral refutes claims it let the Lincoln Imp turn to rack and ruin (Pictured: Exterior of the Lincoln Imp now and locals at the pub before its closure/Courtesy of Lorraine Briggs)

EXCLUSIVE

Admiral refutes 'rack and ruin' claims

By Rebecca Weller

Admiral Taverns has hit back at claims it has allowed a north Lincolnshire pub to go to “rack and ruin” in a bid to make way for building developments on the site.

Property refurbs: this week's round-up features Robinson's, Star Pubs & Bars, Admiral Taverns and Punch

PROPERTY: EXCLUSIVE INTERVIEW

Robinsons and Almond Pubs invest £500k into Manchester site

By Rebecca Weller

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.

Sector figures: the report shows there were three net closures a day in the third quarter of 2023 (image: Getty/JuergenBosse)

Rate of site closures slows

By Nikkie Thatcher

While the number of Britain’s licensed premises dropped by 3.6% over the past 12 months, the pace has slowed as the ear has gone on.

Property passport: Operators open sites across the globe

PROPERTY: EXCLUSIVE INTERVIEW

BrewDog eyes Asia expansion after Hong Kong launch

By Amelie Maurice-Jones

It's been a big month for BrewDog, with new sites launching in Hong Kong and Amsterdam, and now the operator is looking to further spread its wings into Asia.

Shutting doors: Pub closures to continue in new year (Credit: Getty/ilbusca)

750 pubs set to close in first half of 2024

By Amelie Maurice-Jones

The British Beer & Pub Association (BBPA) is calling for Government action after new data revealed 750 pubs are set to close in the first half of 2024.

Money money money: Pubs reopen after impressive makeovers

PROPERTY ROUND-UP

Morgan Pub Collective site opens after £270k refurb

By Amelie Maurice-Jones

The Morgan Pub Collective has taken on its sixth pub with Greene King Pub Partners, a Surrey operator has taken on his second pub and Brakspear pumps £2m into two L&T sites.

What are current trends in the pub property market?

What are the current trends in the property market?

By Amelie Maurice-Jones

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.

Property refurbs: this week's round-up features Admiral Taverns and Stonegate

PROPERTY: EXCLUSIVE INTERVIEW

Historic Notting Hill pub restored to 'former glory'

By Rebecca Weller

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.

Openings: Big news from Arc Inspirations, King Pins, AK Whelan

PROPERTY ROUND-UP

King Pins, AK Whelan open sites

By Amelie Maurice-Jones

In this week's property news, King Pins and AK Whelan announce new sites, as Arc Inspirations looks forward to its first foray into the east midlands.

Treasured jewel: Shepherd Neame invests more than £2.5m into its pub estate (Pictured: the Tom Cribb pub in London)

PROPERTY: EXCLUSIVE INTERVIEW

Shepherd Neame MD: 'pub's should reflect their heritage'

By Rebecca Weller

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.

Property round-up: Admiral Taverns and M&B included this week (Pictured: Admiral Taverns site The Camerons)

PROPERTY ROUND-UP

Admiral invests £450k into pub estate

By Rebecca Weller

This week's property refurbishment and reopening's round-up includes investments made by Admiral Taverns, Mitchell's and Butlers and Robinsons Brewery.

Property: artist impression demonstrates what the Major Oak pub will look like

PROPERTY: EXCLUSIVE INTERVIEW

Yorkshire Pub Stuff takes on sixth Star lease

By Rebecca Weller

Northern England based multisite operator, Yorkshire Pub Stuff, has taken on its sixth long-term lease with Star Pubs & Bars.

New York-style: Free pizza will be on offer every Friday at Incipio's new bar

PROPERTY: EXCLUSIVE INTERVIEW

Incipio Group to launch New York themed bar

By Amelie Maurice-Jones

Incipio Group, the hospitality business behind eight London destination sites, has announced it will launch a New York themed bar, The 411, in September.

Sights set on new sites: Pubs in the pipeline from Pubs Ltd and Red Oak Taverns

PROPERTY ROUND-UP

Red Oak Taverns & Pubs Ltd take on pubs

By Amelie Maurice-Jones

Red Oak Taverns has expanded its estate with two new pubs with new pubs underway from Urban Pubs & Bars and Brunning & Price co-founder Jerry Brunning.

New launches: Inception Group prepares to open its 15th site

PROPERTY ROUND-UP

Roxy Leisure & Inception Group to launch sites

By Amelie Maurice-Jones

New venues are in the works from Inception Group and Roxy Leisure, and significant investments have been made by Star and Hydes to enhance their pubs for summer.

Complete makeover: Admiral Tavern and Shepherd Neame invest in pubs across the country

PROPERTY ROUND-UP

£2.1m ploughed into pubs this week

By Amelie Maurice-Jones

A combined sum of £2.1m has been invested in pubs this week by Admiral Taverns and Shepherd Neame.

Openings and revamps: Pubs get fresh looks, Rekom to open site

PROPERTY ROUND-UP

Rekom to open 2nd Proud Mary pub

By Amelie Maurice-Jones

Rekom is set to launch its second Proud Mary pub in Swansea, while pubs from Hyde, Star, Castle Pubs and SALT have reopened after revamps.

Most pubs per captia: Arundel crowned Sussex pub hotspot (Credit: Getty/tbradford)

Arundel crowned Sussex hotspot for pubs

By Rebecca Weller

Arundel has been named Sussex’s number one pub hotspot with more sites per capita than any other town in the county, new research has revealed.

Cash out: Pubcos are investing heavily in their properties

PROPERTY ROUND-UP

£1.4m ploughed into pubs & music venues

By Amelie Maurice-Jones

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.

Government proposal: the High Street Rental Auction scheme would permit councils to auction the rental rights of commercial high street properties vacant for more than 12 months in a 24 month period  (image: Getty/Marilyn Nieves)

MPs join pub protection calls

By Nikkie Thatcher

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.

Setting sites on new sights: Fresh openings and revamps are on the cards

PROPERTY ROUND-UP

Admiral Taverns pub reopens after £155k revamp

By Amelie Maurice-Jones

There are new sites from BrewDog and NWTC, while Admiral Taverns, Greene King and Shepherd Neame reopen pubs after significant investments.

Acquisitions and revamps: Big news for Punch, Electric Star, Admiral Taverns and Hydes

PROPERTY ROUND-UP

Electric Star & Punch announce new pubs

By Amelie Maurice-Jones

Electric Star and Punch have added pubs to their portfolios, while Hydes and Inn Collection Group sites have reopened after revamps.

No choice: number of pubs demolished or repurposed increases by 60% (Credit: Getty/AndyRoland)

More than 150 pubs lost so far this year

By Rebecca Weller

More than 150 pubs disappeared from English and Welsh communities during the first three months of 2023, new figures from real estate intelligence firm Altus Group have revealed.

New beginnings in Spring: Plenty of pubs open doors in time for Easter

PROPERTY ROUND-UP

Golf Fang launches 6th site, pubs open after revamps

By Amelie Maurice-Jones

The Big Fang Collective has launched its sixth UK site in Wales after a £1.5m makeover, and Fuller's and Inn Collection Group sites have also opened their doors.

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Property of the week

BERKSHIRE - RENOVATED PUB WITH FOUR LETTING BEDROOMS

- Leasehold

Village position close to Reading and Newbury Extensively renovated public house Bar, conservatory, snug and function room (80-90) Four en suite letting bedrooms Two bedroom owner/staff accommodation Part-covered trade garden...

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