An entirely accidental royal-themed round-up includes a new owner for Windsor’s Queen Charlotte, a £260,000 facelift for the Prince of Wales and a Constitution change in Camden – plus £850,000 brewery plans come home to roost.
The business rate relief for thousands of pubs that was announced by the Government last month (January) will be delayed for some councils due to ‘software changes’.
In addition to Hawthorn Leisure purchasing a 29-pub package from Marston’s, Peach Pubs offloaded four freeholds and Midlands-based Roseacre Pub Company took its fourth Star site.
Brighton and Hove has been known as a diverse and fun seaside city for many years and it also boasts a young population that supports a varied licensed trade
While Stephen Owens – managing director, pubs and restaurants at Christie & Co – predicts that the freehouse sector will continue to grow and offer a source of diversity in the on-trade, he forecasts evolution rather than revolution in 2020.
Once nicknamed Steel City in recognition of its rich industrial past, Sheffield remains a working city with a large student population and a range of other industries.
Despite a busy year in the sector that has included highlights such as huge pub chain acquisitions, there are still concerns of how to uphold the traditional, British institution of the local pub.
Specialist business property adviser Christie & Co has predicted private investors will continue to seek tenanted, managed and franchised pub portfolios alongside consolidation opportunities in the next 12 months.
