Property

Opening plans: Nightcap CEO Sarah Willingham (credit: Nicky Johnston)

The Cocktail Club Cardiff opening in May

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 in Cardiff in early May.

On a mission: Albert’s Schloss is set for an autumn opening in Liverpool

Albert’s Schloss announces Liverpool opening

By Gary Lloyd

Albert’s Schloss – the bar, restaurant and live entertainment brand operated by Mission Mars – is set to open a site in Liverpool as part of a £3m investment.

Prospect Pubs expands estate

Prospect Pubs expand with fifth site

By Ed Bedington

Prospect Pubs has announced the launch of its fifth site with the opening of the Joiners Arms near Banbury with a sixth on the way.

Head north: New World Trading Company is to open a Botanist site in Scotland later this year

NWTC to open Botanist site in Edinburgh

By Gary Lloyd

Bar-restaurant operator New World Trading Company (NWTC) will open a Botanist site in the St James Quarter area of Edinburgh later this year.

Property latest: if you have any property news, email the address at the bottom of this article

Property round-up

£121k revamp of Herts GK pub and boutique pub with rooms opens in Newbury

By Gary Lloyd

The latest property news includes Greene King Pub Partners’ renovation of a village pub in Hertfordshire, Red Lion Holdings’ restoration of a site with boutique pub and rooms in Berkshire, a new Punch Pubs site and London Fields Brewery site placed on...

Government ask: operators have also written to the Government, calling for the 12.5% VAT to remain in place (image: Getty/Galeanu Mihai)

Lower VAT remains operators' top ask for Spring Statement

By Nikkie Thatcher

Keeping the 12.5% VAT rate on food, soft drinks and accommodation is the most preferred ask from operators to the Government ahead of the Chancellor's Spring Statement next month (March), a flash survey has shown.

What's in the news 25 February?

The MA's Review of the Week

The economic impact of Ukraine invasion will be felt across the world

By Ed Bedington

The MA's Ed Bedington catches up with Valiant Pub Co boss Gerry Carroll to get his take on the latest headlines hitting the industry, from managing the exit of restrictions through to the impact of war in Europe on the trade.

Onwards and upwards: pubs are back on the expansion trail says Peter Hansen of Sapient Corporate Finance

MA Leaders Club

Further lockdowns unlikely because Government ‘cannot afford it’

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.

Range of demands: Kate Nicholls of UKHospitality

UKH demands new tax rate for sector

By Gary Lloyd

A new hospitality tax rate must be introduced to aid the recovery of the sector while a sales tax must be introduced for online businesses, according to UKHospitality (UKH).

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...

Storms Dudley, Eunice, and Franklin: pubs battered by extreme weather costing thousands and causing closures (Credit: Getty/ oversnap)

Storms cost pubs tens of thousands

By Rebecca Weller

Storms Dudley, Eunice and Franklin have battered parts of the UK over the past week and left some pubs unable to open.

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.

The Morning Advertiser Lock In Podcast episode 37

The Lock In Podcast

Money trouble: Pub finance challenges

By Ed Bedington

With finances facing an ever-growing squeeze and debts coming home to roost next month, the Lock In team take a look at what pub operators should be thinking about when it comes to managing cash flow, dealing with debt, handling the current utilities...

Linda and Paul McNamara: having run the Park View in Birkenhead for two decades the licensees are selling the site via raffle

'Proper boozer' to be sold via raffle

By Rebecca Weller

Licensees in Birkenhead have decided to sell their pub via raffle in the hope the “proper boozer” will stay at the heart of the local community.

Mezzanine collapse: emergency services including ambulances were called to the incident at Hackney Wick's Two More Years bar (stock image: Getty/Franz Takatsch)

13 injured by collapsed mezzanine at city bar

By Nikkie Thatcher

Emergency services were called to Two More Years bar in Hackney Wick, east London following reports parts of the building had collapsed on Saturday (12 February) afternoon.

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.

Designs on nights out: Beavertown’s Tottenham Taproom renovation will see new indoor, upstairs and outdoor drinking and live music areas

Beavertown to reopen taproom after revamp

By Gary Lloyd

North London-based brewer and pub operator Beavertown Brewery is set to reopen its Tottenham Taproom on Saturday (12 February) after a huge renovation that includes an upstairs area that overlooks the workspace.

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.

Information wanted: those wishing to submit evidence need to do so by Wednesday 17 February (image: Getty/akinbostanci)

APPBG calls for evidence in business rates inquiry

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.

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.

Expert advice: Poppleston Allen has outlined what a shadow licence is (image: Getty/Tom Merton)

Licensing hub - legal with Popplston Allen

Why landlord sometimes protect their interests with a separate premises licence

By Suraj Desor, Poppleston Allen

I have had two cases recently where a premise licence held in the tenant’s name lapsed (due to insolvency) requiring me to lodge an urgent application on behalf of the landlord for a new licence. So now is as good a time as ever to look at the protections...

Hospitality saw 10,650 more businesses in 2021 vs March 2019: Research reflects 'resilience and excellence' of the sector (Credit: Getty/glegorly)

Hospitality site numbers up 10,650 against pre-Covid

By Rebecca Weller

There were 10,650 more food and drink businesses across the hospitality sector in 2021 than in March 2019 and 3,650 more when compared with March 2020, according to data from the Office for National Statistics (ONS) official UK Business Count.