The pub property market is set to “ramp up” during the second half of 2022 with sales of sites expected to come from Stonegate, Marston’s and Amber Taverns, according to a new report from Christie & Co.
Shepherd Neame and Brewers Fayre launch new venues, and there are pub openings to look forward to in Suffolk, Stratford and Milton Keynes while Christie & Co presents the chance to acquire a village pub.
Revolution has opened new sites in Exeter and Preston and as well as pumping £200k into its Wilmslow site, the Inn Collection Group has turned a police station into a pub and Red Oak Taverns has renovated its Blunham venue.
The year has kicked off to a strong start for the country pub market across the home counties, with business property adviser Christie & Co’s hospitality team completing on six individual pub sales across the region during March alone.
Seafood PubCo (SPC) has opened a new southern flagship pub the Grand Junction Arms in Tring, Hertfordshire, after a £1.2m renovation, celebrating the year anniversary of its partnership with The Oakman Group.
The possibility of further lockdowns is over according to Peter Hansen of Sapient Corporate Finance because the Government “cannot afford it”, he said while speaking at the MA Leaders Club conference at Fabric nightclub, in London, on Thursday 24 February.
Property news this week includes Diageo's plans for a £73m Guinness microbrewery in London, Whitbread's Bar + Block brand to reach 20 sites and multiple operators take third site with Star Pubs & Bars.
The latest property news includes a Tonight Josephine cocktail bar opening, Pub is The Hub helps a Cumbria village pub open a shop for essentials, a £120,000 overhaul for a Berwick high street pub, a renovated Red Lion Holdings site and Inception Group's...
The party has started again for Revolution with a £300k revamp at a site in Leeds, properties have been put on the market in Scotland and North Yorkshire while GK has invested jointly on a Wirral pub and Baker Hospitality takes on a third site.
Strong demand for pubs rather than a flood of empty sites or failed businesses has been the most significant feature of the pub market in the past year, according to leisure property specialist Fleurets’ Survey of Pub Prices 2021 report.
Among the latest property moves are Innis & Gunn opening a fifth taproom site, the freeholds of sites in Hallaton and Lavenham put on the market and Vaulkhard Leisure joins Star Pubs & Bars for third site.