In a flurry of pub property market activity, there are updates from the Deltic Group, Shepherd Neame, Wadworth, Sir John Fitzgerald, Inn Collection Group and Admiral.
Amid trade body announcements over pub and brewery closures, the past week has seen East Anglia-based operator Chestnut acquire a 13th site, while a Great British Pub Award winner has announced the long-awaited completion of an 18-month refurb.
A number of parties have reportedly made bids for a 42-pub package of Stonegate and Ei sites, Revolution Bars Group has launched a CVA while Everards Meadows has been earmarked to open in Spring 2021.
Nearly half of the population has seen a pub, bar or restaurant close permenantly in their local area during the ongoing Covid-19 crisis, while Cheshire Pub Co and Honesty Group added new sites to their stables.
Whiting & Hammond's managing director has acquired three of the operators sites from administrators, BrewDog has provided an update on 20 new sites worldwide and Truman's Brewery has unveiled plans to open what it claims will be the UK's...
While multiple operators Trust Inns and Arc Inspirations have both announced expansions, brewer and pub operator Greene King announced the closure of more than half of its Loch Fyne sites.
Some 69% of hospitality and leisure operators are having to weigh up insolvency or a restructure with current rent levels remaining unaffordable for the vast majority of companies, new research has found.
Heineken's pub arm pledged more than £600,000 to reopening a Dundee pub which has been closed for the last four years while Oxfordshire-based Hook Norton Brewery has put wheels in motion at a 17th century coaching inn.
Nationwide pub operators JD Wetherspoon (JDW) and Star Pubs & Bars both revealed pub projects costing in the region of £750,000, while BrewDog detailed its continued expansion.
Operators including JD Wetherspoon, Robinsons and Hall & Woodhouse all provided updates on seven-figure pub projects, while Elisabeth Murdoch is reportedly looking to restore Koko in Camden.
UKHospitality (UKH) has warned the Government that failure to resolve the ongoing rent crisis will trigger a “bloodbath” of hospitality businesses failures and thousands more job losses.
More than 300 pubs have been permanently closed, set to be demolished or converted for other uses according to exclusive data for the 34 weeks and six days to 1 September 2020.
