Multi-Site Pub Operators

Sales, revamps and big investments: there’s plenty of property news this week

Property round-up

Beartown breaks ground on brewery, first Bounce site in seven years

By Gary Lloyd

The latest property news includes Beartown Brewery’s investment plans, a new Bounce site from State of Play, a pub purchase by Greene King, BrewDog to open in Cheltenham, Star Pubs & Bars to double managed estate in Scotland, Inn Collection Group's...

Exciting times: Nightcap plans to open two new sites in early April

Nightcap set to open new Cocktail Club, 24 new sites in pipeline

By Gary Lloyd

Nightcap, the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia group of bars, is set to open a The Cocktail Club site and a Tonight Josephine bar in early April – and has 24 new premises under offer or in legals too.

First opening: the Stanneylands in Wilmslow will reopen this week after ground-floor work and exterior landscaping

JW Lees to open first new-build site in 10 years

By Gary Lloyd

Manchester brewer and pub operator JW Lees is set to open three sites including its first new-build pub in more than 10 years at the end of the month – and is targeting more acquisitions.

Pub group boss: Oakman founder and executive chairman Peter Borg-Neal

Oakman looks to increase estate size by 25%

By Nikkie Thatcher

Multiple operator the Oakman Group has secured what is directors believe to be its “strongest ever pipeline of new sites”, which would result in the business growing its estate by a quarter (25%).

Time at the bar: Ye Olde Fighting Cocks, reputedly the oldest pub in England, has closed (credit: Getty/MOF)

Last orders at England’s ‘oldest pub’

By Gary Lloyd

Ye Olde Fighting Cocks – a pub believed to be the oldest in England – has called time at the bar and closed after licensee Christo Tofalli’s business went into administration.

Growing portfolio: the Crown in Boroughbridge, North Yorkshire takes the company's bedroom total to 1,000

RedCat grows accommodation offer with latest acquisition

By Nikkie Thatcher

Former Greene King boss Rooney Anand’s pub investment vehicle RedCat Pub Company has acquired the Crown Hotel in Boroughbridge, North Yorkshire, taking its portfolio to approximately 100 sites.

Venue makeover: The Prince Albert, Ely, has been expanded with an investment of Greene King Pub Partners

Prince Albert pub transformed with £280k investment

By Amelie Maurice-Jones

The Prince Albert pub in Ely, Cambridgeshire has bagged a £280,000 investment from Greene King Pub Partners in conjunction with long-term business partners Jeanene and Mike Connelly.

London life: directors are pleased with Urban Pubs & Bars’ performance at its sites such as the Wheatsheaf in Tooting Bec (pictured)

Urban Pubs & Bars pleased with performance during pandemic

By Gary Lloyd

Urban Pubs & Bars has recorded a profit before tax of £5,287 (2020: £890,404) from sales of £8.8m with directors saying they are “pleased with the performance of the company” in its latest report to Companies House.

Past the peak of Omicron variant: Wales First Minister Mark Drakeford

Nightclubs reopen in Wales

By Gary Lloyd

Nightclubs in Wales have been allowed to reopen as the country moves into alert level 0 as coronavirus cases begin to stabilise, First Minister Mark Drakeford has announced.

Reinvigorating the sector: Fiona Dickie says an agreed investment can improve pubs while deferring the market-rent-only (MRO) option for tenants

How investing in pubs can be a major factor in sector recovery

By Fiona Dickie, pubs code adjudicator

Investment in tied pubs could be a significant element to recovery in the sector. The pubs code supports this while balancing protection of tenants, ensuring they are informed and advised on their rights and the effect of proposed investments. I’d like...