Property

Property round-up

Pub featured on Real Ghost Hunters up for sale, updates from Star, JDW, Hickory’s and Robinsons

21-Jul-2021 By The Morning Advertiser

The latest pub property round-up includes a pub featured on Amazon Prime’s Real Ghost Hunters being put up for sale, new owners of a venue housed in a Grade II-listed church, and updates from Star, JD Wetherspoon, Hickory’s and Robinsons.

JDW to sell 7 pubs

20-Jul-2021 By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) has appointed two agents to dispose of seven of its sites in England and Wales for an undisclosed sum.

MA’s review of the week

Unlocked US states suggest spike as UK restrictions ease won’t be ‘exponential’

16-Jul-2021 By Ed Bedington

The Morning Advertiser's Ed Bedington reflects on another week’s worth of headlines with hospitality investor and Draft House founder Charlie McVeigh.

Remaining 12,000 venues to reopen next week

16-Jul-2021 By Nikkie Thatcher

The 10% of hospitality firms that had been unable to reopen as yet are set to trade again from Monday (19 July) when restrictions are eased, research has found.

Nightclubs win £5.2m Covid insurance payout

15-Jul-2021 By Emily Hawkins

Nightclubs have received a £5.2m payout in business interruption insurance claims after a successful settlement.

'Right time to return to normal levels of rent'

14-Jul-2021 By Emily Hawkins

Pub companies have set out their plans for rent payments beyond 19 July, with most expecting tenants to pay full price when restrictions end.

Property round-up

Robinsons and Punch invest seven figures in pubs, Young’s offloads 56 sites, Alternative Pubs eyes expansion

14-Jul-2021 By The Morning Advertiser

The latest pub property news includes updates from Young’s, Punch and Robinsons Brewery.

Property round-up

Former Saracens teammates to open third venue, Filipino and Cuban concepts to open in London

07-Jul-2021 By The Morning Advertiser

The latest pub property round-up includes site news from Star Pubs & Bars, Admiral Taverns and Heartstone Inns, as well as an eclectic mix of new openings across the capital.

Branded pub and bar decline levelling off versus 2018-19 numbers

06-Jul-2021 By The Morning Advertiser

According to the latest data from the Lumina Intelligence Operator Data Index, the branded pub and bar restaurant segment is expected to total 3,753 sites at Dec 2021 – a net loss of 29 sites.

City Pub Group buys £1.1m London site, Greene King rebrands to 'Southgate's Revenge', 750k refit for Peaky Blinders pub

30-Jun-2021 By The Morning Advertiser

In addition to City Pub Group buying the freehold of a London site, Greene King has taken on the excitement of the Euros football tournament with a pub rebrand.

Business rates holiday ending

29-Jun-2021 By Nikkie Thatcher

Full business rates will return this week (from Thursday 1 July) after a 15-month exemption period amid the pandemic.

Property round-up

Livelyhood reveals seventh site, Inn Collection Group adds 24th venue, McMullen’s completes Fitzrovia refurb

23-Jun-2021 By The Morning Advertiser

The latest pub property news includes updates from Livelyhood Pubs, the Inn Collection Group, Whitbread and McMullen’s.

Commercial eviction ban will 'banish a grim shadow'

16-Jun-2021 By Emily Hawkins

The commercial eviction ban is to be extended by nine months as pubs continue to face mounting rent debt.

Property round-up

Big Drop, NWTC, Whitbread, Purity and Prospect Pubs & Bars plot on-trade expansions

16-Jun-2021 By The Morning Advertiser

Brewers, national hospitality firms and regional operators alike have provided updates on estate growth plans over the past week.

Property round-up

Flight Club and Boxpark branch out in Bristol, seaside sites for Corona and Inn Collection Group

09-Jun-2021 By The Morning Advertiser

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.

Big Interview

The fun of expanding: ‘It's our duty to take what we love and give it to more people'

08-Jun-2021 By Stuart Stone

Despite leading the Adventure Bar Group into uncharted territory – in every sense – during a transformative pandemic year, co-founder Tobias Jackson explains that with new owner Nightcap eyeing nationwide expansion it’s far from journey’s end.

Property round-up

Inglenook acquires 20 pub package, new seaside sites for Whitbread, Igniting Hospitality pub debut

02-Jun-2021 By The Morning Advertiser

In addition to six-figure refurb news from Admiral, Star Pubs & Bars and Punch, a number of new sites have been revealed.

CVA approved for Greene King’s Loch Fyne business

26-May-2021 By Georgi Gyton, MCA

Greene King has had a CVA approved by creditors for its Loch Fyne business, according to reports by MCA Insight.

Property round-up

Revere Pub Company and Greedy Gordons Group grow, Sky News reports possible Hawthorn takeover

26-May-2021 By The Morning Advertiser

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.

Punch and Big Smoke announce craft beer and food pub joint venture

24-May-2021 By Stuart Stone

Independent pub company Punch and Big Smoke Brew Co have joined forces to launch a collection of craft beer and food pubs across the southeast of England.

Young’s explores tenanted estate sale

20-May-2021 By Stuart Stone

London-based operator Young & Co's Brewery has appointed Savills to handle the potential sale of its tenanted pub business.

Six pubs demolished or converted per week during coronavirus pandemic

18-May-2021 By Stuart Stone

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.

ETM Group founders seek £4.3m for new bar venture

17-May-2021 By Stuart Stone

The founders of London-based ETM Group are aiming to raise £4.3m to fund new seven-site venture, Maven Leisure.

MA’s review of the week

‘Second wave’ of pub goers expected for indoor opening

14-May-2021 By Ed Bedington

The Morning Advertiser's Ed Bedington speaks with Beer and Coffee Co. director Matt Crowther to reflect on some of the week's biggest headlines.

Retiring Welsh operators to give pub away in raffle

14-May-2021 By Stuart Stone

The husband-and-wife team behind the Raglan Arms in Llandenny, Monmouthshire, have opted to raffle off their fully-stocked pub as they retire from the industry.

'Change in emphasis' to boost City Pub Group expansion

13-May-2021 By Stuart Stone

City Pub Group’s executive chairman, Clive Watson, explains that the operator’s definition of ‘high quality’ pub opportunities has changed slightly as the Group emerges from lockdown.

Property round-up

Gareth Bale signs 15-year bar deal, new NWTC concept, Inn Collection Group grows again

12-May-2021 By The Morning Advertiser

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.

Brewhouse & Kitchen expand into accommodation

11-May-2021 By Ed Bedington

A leading national operator has taken its first steps into providing an accommodation offer with the launch of a new site.

‘Business rates cap will harm pub revival’

05-May-2021 By Stuart Stone

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.

Property round-up

Inn Collection Group adds 21st site, MediaCityUK beer house in the pipeline

05-May-2021 By The Morning Advertiser

The past week has seen pub property updates from Nightcap and Adventure Bars, the Inn Collection Group and City Pub Group, among others.

Property round-up

BrewDog signs Las Vegas lease, Laurence Fox and Conor McGregor enter pub market

28-Apr-2021 By The Morning Advertiser

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.

Star to continue rent reductions in Scotland

27-Apr-2021 By Emily Hawkins

Star Pubs & Bars has said it will continue its rent reductions for its sites in Scotland, as the sector braces for the first week of trade after lockdown.

Everards sells 14 pubs to Hawthorn

27-Apr-2021 By Nikkie Thatcher

Hawthorn, the Community Pub Company, has purchased 14 sites from Everards for an undisclosed sum.

Property round-up

Hickory’s expands to 13 sites, Sussex Inns adds sixth pub

21-Apr-2021 By Stuart Stone

The latest property round-up includes updates from Hickory’s Smokehouse, Sussex Inns and nationwide community pub operator Hawthorn.

'Cancel business rates until 2021 as sector recovers'

19-Apr-2021 By Emily Hawkins

Trade associations have called for business rates in England to be cancelled until at least October 2021 for hospitality businesses as they rebuild.

Property round-up

BrewDog unveils Edinburgh DogHouse, Adventure grows beyond London, Flight Club Ireland 2022

14-Apr-2021 By Stuart Stone

The past week has seen bar groups including BrewDog, Adventure Bar Group, Flight Club, Loungers and Incipio announce new site plans.

Property round-up

Former poker pro acquires Canterbury pub, Melt Pub Company acquires fourth site

07-Apr-2021 By Stuart Stone

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.

Government call for evidence on rent welcomed

07-Apr-2021 By Emily Hawkins

The Government’s call for evidence on commercial rent debts has been published with operators encouraged to complete the online survey.

‘Bail out pubs struggling with rent debt,’ Lib Dem leader urges Government

30-Mar-2021 By Emily Hawkins

The Government should help struggling pubs by offering to cover up to 80% of their rental costs, Liberal Democrat leader Sir Ed Davey has urged.

Property round-up

RedCat set to acquire 40 Stonegate pubs, Inn Collection and Oakman expand, Brighton Pier Group downsizes

30-Mar-2021 By Stuart Stone

In addition to news of planned RedCat and JD Wetherspoon expansion, the Inn Collection Group and Oakman have added landmark sites.

Property round-up

Punch spends £1m on pub gardens, ‘illegally destroyed’ pub to reopen

24-Mar-2021 By Stuart Stone

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...

Iconic ‘illegally destroyed’ pub set to reopen in April

22-Mar-2021 By Nikkie Thatcher

A historic London pub, which was ‘illegally knocked down’ six years ago is planning to reopen this spring.

Property round-up

Camden Market's ‘first ever pub’, Young’s announces new openings

17-Mar-2021 By Stuart Stone

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.

London Cocktail Club owner eyes growth to 40 sites in five years

16-Mar-2021 By Stuart Stone

Co-founded by investor Sarah Willingham in September 2020, Nightcap plc harbours hopes of quadrupling in size following its acquisition of London Cocktail Club.

Property round-up

Twickenham Green Taverns and Oakman grow estates, Barkby eyes pub expansion

10-Mar-2021 By Stuart Stone

In addition to updates on a host of refurbishment projects, this week’s round-up includes expansion news from Twickenham Green Taverns and Oakman.

Spring Budget 2021

Rent debt remains ‘biggest gap’ in hospitality support

03-Mar-2021 By Stuart Stone

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.

Spring Budget 2021

Business rates holiday will now end in June

03-Mar-2021 By Nikkie Thatcher

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.

Property round-up

Site closed every 48 minutes, pub applications almost double, £150m community ownership fund

03-Mar-2021 By Stuart Stone

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.

Chancellor slammed for 'out of touch' rent remarks

01-Mar-2021 By Emily Hawkins

Chancellor Rishi Sunak has vastly under-estimated the rent costs faced by pubs, according to operators who say the Government has not listened to the trade.

Licensed venues closing at more than one an hour

01-Mar-2021 By Nikkie Thatcher

An average of 30 licensed venues a day have permanently closed since December 2019 – the highest rate on record, new figures have found.