Property

Property moves: which sites have been reopened, revamped or changed hands in the past week?

Property round-up

New sites for Trust Inns and Arc Inspirations

By Stuart Stone

While multiple operators Trust Inns and Arc Inspirations have both announced expansions, brewer and pub operator Greene King announced the closure of more than half of its Loch Fyne sites.

Property moves: which sites have been reopened, revamped or changed hands in the past week?

Property round-up

Star Pubs & Bars and Hook Norton Brewery revive listed pubs

By Stuart Stone

Heineken's pub arm pledged more than £600,000 to reopening a Dundee pub which has been closed for the last four years while Oxfordshire-based Hook Norton Brewery has put wheels in motion at a 17th century coaching inn.

Strong sales: 'our like-for-like sales of +30% over the last 10 weeks includes the remarkable four weeks of the ‘Eat Out to Help Out’ scheme,' Loungers' Nick Collins said

EOTHO boosts Loungers’ summer sales by a third

By Stuart Stone

According to café-bar operator Loungers’ latest trading update, like-for-like sales grew by 29.9% between 4 July and 13 September largely as a result of the Government-backed Eat Out to Help Out discount scheme.

New openings: both sites will see a combined investment of £6.6m

JDW to pump £6.6m into two new sites

By Nikkie Thatcher

Pub giant JD Wetherspoon (JDW) is set to begin development work on two new pubs in the next three weeks, costing £6.6m.

The verdict 'nothing is decided until it is decided, in this case possibly by the Court of Appeal or the Supreme Court, with appeals by everyone on the cards'

Opinion

Regulators v insurers: the verdict

By Philip Kolvin QC, Cornerstone Barristers

Sometimes white smoke appears from a chimney and the result is clear. Sometimes, smoke rises from the battlefield, casualties are counted and it takes a century or two to work out who won and lost.

Insolvency impact: whether a business is being wound up for good or insolvency is part of a re-structuring or rescue package, premises licences implications must be addressed

Licensing Hub – Legal with Poppleston Allen

Insolvency and your premises licence

By Poppleston Allen

Sadly there are more hospitality businesses becoming insolvent due to the impact of Covid-19.

Tapered plan: Star Pubs & Bars has revealed how it will charge operators for rent for the next two months

Star Pubs & Bars to scale back tapered rent relief

By Emily Hawkins

Heineken’s pub arm Star Pubs & Bars has outlined the next phase of its tapered rent relief plan for operators throughout September and October - including a further £4m investment in rental concessions.

Tourist destinations: holidaymakers in the UK are seeking out pubs with rooms after complications with international travel

Pubs benefiting from 'staycation' trend

By Emily Hawkins

With Brits found to be looking for beach and country escapes closer to home this summer, pubs have risen to the opportunity for more domestic holiday trade according to organisations representing the tourism sector.

Urgent action needed: the group of trade bodies said the Government must intervene to protect businesses and jobs

Government urged to cover half of unpaid pub rent

By Emily Hawkins

A coalition of trade bodies representing landlords and tenants within the pub sector has called on the Government to introduce a grant to help solve a growing rent crisis.

Action needed: the Valuation Office Agency (VOA) has been urged to negotiate fair reductions with ratepayers

'Wartime footing’ as business rates appeals soar

By Emily Hawkins

The Valuation Office Agency (VOA) has revealed that almost 145,000 businesses registered to begin the process of challenging their property valuations during April, May and June.

Does delaying opening help pubs?

Wait and see success for pub

By Ed Bedington

In the final recording of our series following one West Sussex pub through lockdown, MA editor Ed Bedington went back to the Lockhart Tavern in Haywards Heath to find out whether their decision to delay reopening by a few weeks has paid off.

'Transformational year': 'it is easy to forget the financial year started in April 2019 with the sale of the Fuller’s Beer Business to Asahi Europe for an enterprise value of £250m,' Fuller's Simon Emeny said

Coronavirus puts £10m dent in Fuller’s figures

By Stuart Stone

Fuller, Smith and Turner is in a ‘stronger position than many’ according to its chief executive, despite the coronavirus’ estimated eight-figure impact on company trading.

Covid response: 'these are challenging times and we have had to make some difficult decisions,' Liberation Group CEO Jonathan Lawson said of the restructure

Liberation Group reshuffles senior team

By Stuart Stone

Channel Islands-based pub company the Liberation Group has announced the creation of two new senior roles as part of its response to the ongoing Covid-19 pandemic.

Reopening unlikely: news of Government support for grassroots music venues will be welcome news for sites such as the Fiddler's Elbow in north London

Grants of up to £80k for music pubs

By Emily Hawkins

Grassroots music venues at immediate risk of permanent closure will receive £2.25m emergency funding, the Government has announced.

Analysis needed:

Professional support vital on pub trigger event claims, PCA warns

By Ed Bedington

The pubs code adjudicator (PCA) is seeking to clarify the situation when it comes to trigger events for pubs in light of the ongoing challenges to the hospitality sector, however operators are being warned to seek professional advice before proceeding.

Reinventing the wheel: JD Wetherspoon has invested millions into the new pub, which honours a local bus manufacturer

JDW pumps £2.6m into new site

By Nikkie Thatcher

Pub behemoth JD Wetherspoon (JDW) is set to open a new site in Leeds this week (Tuesday 21 July) after spending £2.6m developing the venue.

Spotlight

(credit: Getty/ViewApart) Experts give comment for the Beer Report 2024 The Morning Advertiser's Lock In podcast episode 78 Making the most of your ghost Competition kicked off: entry for the 2024 Great British Pub Awards is now open Hunt is under way for the Great British Pub of the Year

Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

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...

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