Food sales among multiple operators of licensed premises are at a 10-year high, according to a comprehensive annual survey by the Association of Licensed Multiple Retailers (ALMR).
Young’s has this morning reported a 6.5% increase in like-for-like sales across its managed estate in the year leading up 30 March, with total revenue up 7.6%.
Mitchells & Butlers has reported flat like-for-like sales in its third quarter (14 weeks to 19 July) – with a 0.6% rise in food sales offset by a 0.5% decline in drinks.
Mitchells & Butlers (M&B) has reported a 2.7% rise in like-for-like sales in the 28 weeks to 7 April, driven by food sales, although profit before tax declined £1m to £42m due to exceptional operating costs totaling £20m.
Marston’s, the brewer and pub operator, has reported a 7.6% rise in revenues to £342.1m in the 26 weeks to 31 March after reporting growth in all its divisions.
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Busy location on coastal main road
Extensively renovated detached public house
Five trade areas (100)
Sizeable refurbished 4-5 bedroom accommodation
Newly created beer garden (125)
Established and popular business...