A multiple site operator has been “left with no choice” but to press legal action against an insurer after it claimed its insurer backtracked on a pledge to pay out.
Large pub companies are better placed to bounce back from Covid-19 than smaller operators and independents – and could even gain market share – according to a report by global credit ratings agency S&P Global.
The latest pub property round-up includes a done deal for a 17th century Oxfordshire pub, hopes of a full house in Canterbury, and updates from Marston’s and Melt Pub Company.
A new report from community business charity The Plunkett Foundation has uncovered increased demand for support to help communities regain control of essential local services over the past year.
The nationwide operator of more than 1,000 pubs, Punch, has invested £1m in outdoor spaces ahead of the proposed reopening of 662 of its sites on 12 April, while the 'illegally destroyed' Carlton Tavern is poised to reopen after being rebuild...
Following a four-month delay Camden Market's ‘first ever pub’ is poised to open, while pub operator Young’s has announced two new additions to its 200-strong estate.
Despite broadly welcoming the provisions set out in the Spring Budget, trade body UKHospitality has flagged that a ‘£2bn millstone’ still faces pub, bar and restaurant operators.
Pubs will not have to pay any business rates until June this year – an extension of three months, Chancellor Rishi Sunak has announced in the spring Budget.
While new research revealed that on average 30 licensed venues closed per day since December 2019, figures from FindMyPub.com found that pub applications almost doubled during 2020.
This latest pub property news round-up includes more information on BrewDog’s expansion plans and a market update from leisure property specialist Fleurets.
The latest property round-up includes new sites for Red Oak Taverns and Revived Inns, as well as updates on the City of London’s outdoor dining licence fee waiver and the lease forfeiture moratorium.
This week’s property round-up includes the completion of a seven-figure refurb at Fourpure’s brewery and 13 grassroots venues being removed from the Music Venue Trust’s ‘red list’.
Greater Manchester’s night-time economy adviser, Sacha Lord, has highlighted the potential for continued high street decline if space vacated by retail stalwarts is allowed to remain empty.
This week’s pub property news round-up includes updates from Elite Pubs, BrewDog, Oakman and Red Mist in addition to news of private equity interest in Marston’s.
JD Wetherspoon chairman Tim Martin has dismissed reports that the operator is poised to launch a pub spending spree while Red Lion Holdings has purchased a majority stake in Red Mist Leisure
Christie & Co’s annual business outlook report forecasts that the pub market’s recovery from Covid-19 in 2021 will be ‘pretty quick’ but varied as one-in-three operators plan pub sales.
A number of pub sector property experts shared their thoughts on recent news that former Greene King CEO Rooney Anand is to pump £200m into the UK’s ailing sector.
This week’s pub property news includes reports that former Greene King CEO Rooney Anand is to embark on a £200m pub investment project, the launch of Valiant Pub Company, and a trio of new acquisitions for Red Oak.
The first property round-up feature of 2021 includes an update on pub closures during the past 12 months, the latest on pubco rent concessions, and a recap of Fleurets’ Survey of Pub Prices 2020.
In the final pub property round-up of 2020 The Morning Advertiser (MA) looks back on 20 of the biggest deals, revamps and reopenings covered in the past 12 months.
The pubs code is not just about market rent only. I want to highlight code rights relating to insurance which apply each time the pub company signs a new tenant or buys and charges a tied tenant for insurance for the pub.
In addition to updates on the sales of Welsh brewer and pub operator SA Brain, nightclub operator Deltic and London Cocktail Club, this week saw biggest ever investments from JDW and Tokyo Industries.
In addition to news of the Ladhar Group’s deal for Sir John Fitzgerald, Leisure PR boss Maureen Heffernan unveiled the Richmond Club and a Hampshire-based pub couple have acquired three pub freeholds.
Industry trade body UKHospitality (UKH) has warned that the sector faces a ‘new year bloodbath of hospitality business failures’ unless rent moratoria are extended.
In addition to acquisitions by The Inn Collection Group, Black Country Ales and Coastal & Country in the past week, there's news of interest in a 42 pub package and a celebrity chef entering the pub game.
In addition to news of the revival of dormant pubs in Cambridgeshire and Herefordshire, Portobello Brewery, Hackney Brewery and Rosewell Estates have provided updates on the future of their trading estates.
While Mitchells & Butlers and Revolution Bars Group have announced closures in the past week, the likes of the New World Trading Company, BrewDog, Loungers and Michelin-star chef Michael Caines have provided updates on new sites.
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.
