The latest pub property round-up includes news of expansions into south west England by Flight Club and Boxpark while Corona and Inn Collection Group have made waves with new sites by the sea.
The latest property news from the pub sector includes new site updates from groups including Greedy Gordons and Revere Pub Company, as well as further news from ‘big six’ operators including Punch and Admiral.
Some 384 pubs – on average six per week – have ‘vanished’ during the Covid-19 pandemic so far, having either been demolished or converted for different use, according to new figures from Altus Group.
The last week has seen Wales and Tottenham star Gareth Bale sign a new lease for Elevens Bar & Grill, as well as updates from the New World Trading Company, Inn Collection Group and Hawthron, among others.
UKHospitality (UKH) boss Kate Nicholls has written to the Chancellor asking for more financial support to help pubs rebuild as pandemic restrictions are eased.
The Government must re-consider its proposed £2m business rates relief cap or face the continued “systemic closure” of pubs, according to Colliers International’s head of business rates.
In addition to the announcement BrewDog has signed a lease on a ‘carbon negative’ Las Vegas venue, mixed martial arts superstar Conor McGregor and London mayoral candidate Laurence Fox have made on-trade moves.
A group of hospitality operators and property agents are calling on the Government to implement the same rent relief scheme as has been adopted in Australia, according to reports by MCA Insight.
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.
