Property law

PROPERTY ROUND-UP

New pubs opened by Prospect Pubs and Seafood PubCo, others look to sell

29-Mar-2022 By Amelie Maurice-Jones

Closed doors open others in the property sector this week, with Seafood PubCo and Prospect Pubs opening sites as others put pubs on the market.

Seafood PubCo venue opens after £1.2m refurb

29-Mar-2022 By Amelie Maurice-Jones

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.

PROPERTY ROUND-UP

Pubs across the country up for sale, Young's reopens venue

22-Mar-2022 By Amelie Maurice-Jones

Plenty of pubs from around the country have been put on the market this week, while Young's has reopened the Spread Eagle pub with bedrooms and office space.

Calls for last orders on ‘draconian pub tax’

21-Mar-2022 By Nikkie Thatcher

The Government has been called on to urgently address the businesses rates iniquity, which threatens the future of pubs, a new report has stated.

Metropolitan Pub Company acquires gastropub

17-Mar-2022 By Amelie Maurice-Jones

Metropolitan Pub Company has acquired the Bull in Highgate, north London, which will open as a gastropub come spring.

Property Round-Up

Red Oak Taverns completes first acquisition of year, Nightjar opens second site

16-Mar-2022 By Amelie Maurice-Jones

There are plenty of new acquisitions and refurbishments this week: among other news, Red Oak Taverns has completed its first pub acquisition of 2022, and Nightjar is due to open its second site.

Property round-up

Metropolitan rebrands site, big pub revamps in Leicestershire and Suffolk

08-Mar-2022 By Gary Lloyd

Among the property news this week, Metropolitan Pub Company has renamed a Wimbledon site and there are huge revamps of two pubs with £650k and £250k respectively.

Oxford named top place to open a new pub

03-Mar-2022 By Nikkie Thatcher

Southern city Oxford has been highlighted as the top area where demand outweighs supply for pubs, according to new research.

MA Leaders Club

Further lockdowns unlikely because Government ‘cannot afford it’

25-Feb-2022 By Gary Lloyd

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.

BBPA calls for business rates reform after pubs overpay £570m

21-Feb-2022 By Rebecca Weller

British Beer & Pub Association (BBPA) has called for a business rates reform for the hospitality sector in response to the All-Party Parliamentary Beer Group (APPBG) business rates inquiry.

Last chance to submit evidence for business rates inquiry

16-Feb-2022 By Nikkie Thatcher

The evidence deadline for the inquiry into business rates by the All-Party Parliamentary Beer Group (APPBG) closes tomorrow (Wednesday 17 February).

Property round-up

Alchemist to reopen after £550k revamp, Inn Collection Group is sold

16-Feb-2022 By Gary Lloyd

Among this week’s property news is the reopening of The Alchemist in Spinningfields, Inn Collection expands as it is sold and Salt Beer Factory to open its sixth taproom this week.

Estate agent slams business rates review as ‘underwhelming’

15-Feb-2022 By Gary Lloyd

Estate agent Colliers has slammed a Government review on business rates as “underwhelming” and has encouraged sector businesses to respond before the 22 February deadline.

Inn Hospitality Group takes lease on fishing harbour pub

04-Feb-2022 By Gary Lloyd

Inn Hospitality Group has acquired the lease for a maritime-themed pub in Seahouses, Northumberland.

Lane7 bowling boss puts third pub on market after second site sale completes

03-Feb-2022 By Gary Lloyd

Lane7 bowling alley owner Tim Wilks has put his third pub up for sale through estate agent Christie & Co to concentrate on his bowling business, having recently disposed of his second pub.

APPBG calls for evidence in business rates inquiry

02-Feb-2022 By Nikkie Thatcher

The All-Party Parliamentary Beer Group (APPBG) is conducting an inquiry into business rates and is calling for evidence and reform ideas from licensees, organisations and other interested parties.

Property round-up

Diageo to open £73m Guinness site in London, Bar + Block to reach 20 sites

01-Feb-2022 By Gary Lloyd

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.

Property round-up

Tonight Josephine to launch, Pub is The Hub helps open shop at Cumbrian site

26-Jan-2022 By Gary Lloyd

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...

‘VOA aggressively pursuing fines to hospitality firms’ says Colliers

25-Jan-2022 By Nikkie Thatcher

The Government’s Valuation Office Agency (VOA) is issuing and “aggressively pursuing” fines for late Valuation Forms of Return, according to real estate property agent Colliers business rates team.

Pub sales volumes up more than 100%

20-Jan-2022 By Nikkie Thatcher

Transaction volumes for the pub sector rose by 103% in 2021, a new report from business property adviser Christie & Co has revealed.

Property round-up

Revolution restarts the party at Electric Press, sites hit market in Scotland and North Yorkshire

19-Jan-2022 By Gary Lloyd

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.

Demand outstripped supply in pub property market last year

14-Jan-2022 By Gary Lloyd

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.

Property round-up

Innis & Gunn to open fifth taproom, freeholds on sale and third site for Vaulkhard and Star

12-Jan-2022 By Gary Lloyd

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.

Property round-up

First property moves of new year

05-Jan-2022 By Gary Lloyd

The creators of celebrity hangout Dollhouse announce new venue in Leeds, Trust Inns takes on the Moorings and the former Krua Khun Mae Thai restaurant site is up for grabs.

37 pubs a month ‘vanished’ in 2021

23-Dec-2021 By Nikkie Thatcher

More than 400 pubs have disappeared from communities in England and Wales this year compared to a year earlier, figures have revealed.

Hertfields signs third deal with Star, Inn Collection Group opens first Welsh site

22-Dec-2021 By Gary Lloyd

Among the latest property news is Hertfields and Star Pubs & Bars team up for the third time, The Inn Collection Group unveils its inaugural Welsh pub-hotel, Greene King invests in the Lion & Lamb and in a Newcastle speakeasy, brothers sell pub...

Running Your Own Pub

Don’t let the chance of running a pub pass you by – download your free guide

20-Dec-2021 By Gary Lloyd

Have the events of the past couple of years made you rethink what you want to do with your life? If so, perhaps escaping to the pub has been a recurring theme. Why not consider running your own pub?

Record M&A activity predicted for pub sector next year

15-Dec-2021 By Gary Lloyd

Record M&A activity for the pub sector is forecast for 2022, according to property agent CBRE.

Property round-up

Country Inns takes seventh site while £240k ploughed into north-east pub

15-Dec-2021 By Gary Lloyd

Among the latest property news is the sale of a Stonegate site in Hampshire that builds Country Inns' portfolio to seven, Greene King and pub operator put £240,000 into pub revamp, Red Oak Taverns adds eight-pub package to its books and Prospect...

Running your own pub

Grab this free guide to operating your own pub

13-Dec-2021 By Gary Lloyd

If you’ve ever harboured ambitions of running a pub or perhaps going multiple then The Morning Advertiser has put together a 12-page guide of essential information for you – and it’s free!

Property round-up

Operator and Star undertake £485k joint investment, Inn Collection expands, St Tudy reopens

09-Dec-2021 By Nikkie Thatcher

The latest property round up includes and Lancashire operator joining forces to invest almost half a million pounds, alongside the Inn Collection Group further expanding its estate, award-winning Cornish gastropub the St Tudy Inn reopening and more.

Property round-up

The pub where Liverpool and Everton football clubs were formed on the market at £3.75m

01-Dec-2021 By Gary Lloyd

The property round-up this week includes details of a pub site for sale that was home to the formation of Liverpool and Everton football clubs up for sale, a hip hop speakeasy in Shoreditch to open in February and an Admiral Taverns site reopens after...

Property round-up

Popular bar Folk acquired by first-time buyers, Brunning & Price to reach 80 sites

23-Nov-2021 By Gary Lloyd

A busy time for pub purchasing and renovations has seen new kids on the block Sogbog buys its first site; Brunning & Price builds its portfolio; investments from pubcos including Star, Greene King and Admiral; and a former Great British Pub Awards...

Opinion

'VOA’s current valuation approach is flawed, producing inaccurate and routinely excessive valuations'

23-Nov-2021 By Joe Cussens, managing director, Bath Pub Company

The recent Budget announcement that pubs would receive a 50% reduction in their rates bill for the coming financial year was, of course, welcome, but stopped short of the fundamental review of the rates system many were arguing for.

Poppleston Allen launches digital Licensed Trade Guide 2021

22-Nov-2021 By Amelie Maurice-Jones

The alcohol and gambling licensing solicitors Poppleston Allen have launched the 2021 edition of the Licensed Trade Guide (LTG) available to download free of charge from today (22 November).

Have you ever wanted to run your own pub?

22-Nov-2021 By Gary Lloyd

Although pub operators have suffered in the past 18 months or so, the opportunity to run your own site or even expand is potentially greater than ever if you set your mind to it.

Property round-up

Multiple operator takes third site with Star, Strike bowling alley with craft beer launches

17-Nov-2021 By Gary Lloyd

Among the latest property news this week is Star Pubs & Bars teaming up with Farr Brew for a third joint venture, McMullen unveils new site, Strike bowling alley opening in Wandsworth, Beavertown’s nitro stout-battered fish dish and the Flowerhouse...

Almost 2,000 sign petition to save live music pub

10-Nov-2021 By Amelie Maurice-Jones

The licensee of the Duke of Cornwall felt “the whole town plus people from out of Weymouth [are] on our side” as a petition to save the Dorset-based pub’s licence has scored almost 2,000 signatures.

Property round-up

JDW to dispose of site near motorway, £320k Star Pubs & Bars revamped scheduled

10-Nov-2021 By Gary Lloyd

In the latest property news, JD Wetherspoon is looking to sell a site located just off the M40 motorway, Star Pubs & Bars has committed £320,000 to reopen a site closed for two years, a new taproom for Five Points and a £150,000 investment from Red...

Property round-up

The latest pub openings and sites on the market

03-Nov-2021 By Gary Lloyd

Brakspear brands its managed estate, Redhouse and Star team up and Valiant takes on 17 SA Brain sites are among the latest property moves.

autumn budget 2021

‘Devil will be in the detail’ of business rates changes

28-Oct-2021 By Nikkie Thatcher

The trade has reacted to the Budget announcement of hospitality businesses being set to receive a 50% discount on business rates bills for one year.

Property round-up

Latest openings in the sector and sites for sale

26-Oct-2021 By Gary Lloyd

New openings for Coppa Club, Manahatta and Bulldog Gin are among the sector’s new openings. Meanwhile, estate agent Savills’ Paul Breen looks at the future for city centre-based businesses.

Opinion

'A duty cut would do nothing to help pubs'

21-Oct-2021 By Gav Young, the Plough and Barleycorn, Isle of Wight

It is no coincidence the biggest voices in the ‘cut the duty’ campaign are the big brewers. With duty at around 52p per pint it is a massive proportion of the value of a pint at the brewery gate, far more so than it is of a pint on the bar in the pub....

Business rates ‘to rise by £23.15m for pubs next year’

20-Oct-2021 By Nikkie Thatcher

Business rates for pubs in England are predicted to rise by more than £23m next year, off the back of the CPI measure of inflation rate for September from the Office of National Statistic (ONS).

Property round-up

New site openings, big renovations and what’s on sale fill the property market

20-Oct-2021 By Gary Lloyd

Loungers opening 150th site, Star Pubs & Bars makes double move and GK collaboration reopens site after £400k investment are among the latest news in the pub property world.

Property round-up

The latest pub openings and sites on the market

13-Oct-2021 By Gary Lloyd

This week’s property round-up includes openings for The Inn Collection Group and Roxy Lanes while BrewDog agrees a franchise deal for six bars in Italy.

Property round-up

Television Centre is new home for the Broadcaster pub, Tiere Group tie-up with Star

05-Oct-2021 By Gary Lloyd

This week's news includes the Broadcaster pub and dining room at Television Centre, the Lion revamp in Shirley, Reading venue for London Cocktail Club, Mojo's latest site in Reading, the Lamb & Flag in Oxford and Simmons Bar hits the CIty.

Property round-up

Opening date set for former O2 Newcastle Academy, City Pub Group takes site

29-Sep-2021 By Gary Lloyd

This week’s property round-up includes the former O2 Newcastle Academy, Cottage Tavern and the Savoy’s American Bar reopening.

Property round-up

Property round-up: the latest news on pub acquisitions

22-Sep-2021 By Gary Lloyd

Among the latest market moves, The New World Trading Company announces The Club House is coming to Wales and The Alchemist heads to Scotland.

Property round-up

Property round-up: The latest activity in the pub property market

15-Sep-2021 By Gary Lloyd

The latest property news includes the Arusha Group’s tie up with Star Pubs & Bars, a new Puttshack site, Beavertown’s first pub and “dive bar” the Bourbon.