Property

Second innings: a look around the newly reopened Tap & Run pub

Cricketers’ pub reopens after blaze

By Gary Lloyd

The Tap & Run pub, owned by cricket stars Harry Gurney and Stuart Broad, has begun its second innings after a fire destroyed the site a year ago. Here are some pictures showing how the reopened site looks now.

Characterful site: Charlie Gilkes (left) says Inception group will open ‘a very original bar concept’

Inception Group takes Borough Yards site

By Gary Lloyd

Inception Group, which operates the Mr Fogg’s brand, has signed a lease at Borough Yards to open its 15th site – with the proposed concept to be announced later this year.

BrewDog background: there have been many acquisitions from the business since it started

BrewDog’s acquisition history

By Nikkie Thatcher

The Morning Advertiser has taken a trip down memory lane to look at how BrewDog has become the global bar business it is today.

Positive outlook: Thwaites says people are rediscovering the pub (credit: Geety/Wasan Tita)

Thwaites profits before tax up 19%

By Gary Lloyd

Brewer and pub operator Daniel Thwaites said “factors that have shaken consumer confidence are going into reverse” as it reported profit before tax rose by 19%.

Impressive growth: Whitbread has seen significant revenue and like-for-like boosts (credit: Getty/webphotographeer)

Revenue rises 16% at Whitbread

By Gary Lloyd

Whitbread, which counts Brewers Fayre and Beefeater pubs among its brands, has reported revenue has risen by 16%, for the first quarter (Q1) of its 2024 financial year (FY24).

Trading figures: sales in pubs were up by 8.8% against May 2022 but high inflation means this was below the same month last year in real terms (image: Getty/recep-bg)

May’s like-for-like sales up 8.8%

By Nikkie Thatcher

Warm weather and a trio of bank holidays resulted in like-for-like sales in pubs having increased by 8.8% year on year.

Green light for Amber sites: the Water House is set to open next week

Amber Taverns announces three openings

By Gary Lloyd

Community wet-led pub operator Amber Taverns has announced the opening of three freehold pubs this month (June 2023), in Cheshire, County Durham and Ayrshire.

Optimistic: Simon Emeny said the progress made has given Fuller's ‘the perfect post-Covid springboard for the future’

Fuller’s lfls up 13.3% while revenue rises 33%

By Gary Lloyd

Simon Emeny of London-based pubco Fuller, Smith & Turner (Fuller’s) has revealed his optimism for the future as like-for-like (lfl) sales rose 13.9% in the 10 weeks to 10 June 2023.

Energy help: Heineken has created a £3m fund to help pubs with sustainability issues (Credit: Getty/Jonathan Kitchen)

£3m fund to help pubs’ energy costs from Heineken

By Gary Lloyd

Drinks business Heineken UK has vowed to invest £3m into helping cover the cost of selected pubs’ first energy saving audit along with up to £5,000 towards the cost of any improvements needed.

Extra flavour: NQ64's Shoreditch opening is its first site to offer food

Inside drinks and gaming bar NQ64's 10th site

By Gary Lloyd

Arcade bar NQ64 has launched its biggest site to date and the first of its 10 locations to offer food. Here are some pictures to show you what to expect there.

Company acquisition: 'These are long-established, well-run bars that fit well with our existing portfolio and our model of running multiple brands in clusters in London and around the country,' Nightcap CEO Sarah Willingham says

Nightcap acquires Dirty Martini

By Nikkie Thatcher

Bar operator Nightcap has acquired the Dirty Martini chain of cocktail bars and Tuttons Brasserie in a £4.65m pre-pack deal.

Openings and revamps: Pubs get fresh looks, Rekom to open site

PROPERTY ROUND-UP

Rekom to open 2nd Proud Mary pub

By Amelie Maurice-Jones

Rekom is set to launch its second Proud Mary pub in Swansea, while pubs from Hyde, Star, Castle Pubs and SALT have reopened after revamps.

Most pubs per captia: Arundel crowned Sussex pub hotspot (Credit: Getty/tbradford)

Arundel crowned Sussex hotspot for pubs

By Rebecca Weller

Arundel has been named Sussex’s number one pub hotspot with more sites per capita than any other town in the county, new research has revealed.

Summer revamp: Breweries join forces to breathe life into pub

£1m makeover breathes new life into historic pub

By Amelie Maurice-Jones

SALT Brewing and Ossett Pub Company have announced their joint venture on the renovations and reopening of Georgian pub the Bingley Arms in Horbury, West Yorkshire.

Growth trajectory: The Alchemist reveals its future plans

The Alchemist eyes further UK growth

By Nikkie Thatcher

Creative cocktail bar and restaurant group The Alchemist is looking to expand its portfolio in the UK following its first international opening in Berlin, Germany.

Iconic sites: The operator manages Sky Garden, central London

US giant snaps up Rhubarb Hospitality Collection

By Amelie Maurice-Jones

Global development service and investment company Oak View Group (OVG) has announced today that it will acquire premium hospitality provider Rhubarb Hospitality Collection (RHC).

Cash out: Pubcos are investing heavily in their properties

PROPERTY ROUND-UP

£1.4m ploughed into pubs & music venues

By Amelie Maurice-Jones

Proper Pubs has put £1m into upgrades, Admiral Taverns has invested more than £347,000 into two Staffordshire pubs, and around £97,500 has been ploughed into grassroots music venues across the country.

Helping out: The Lighthouse in Kent is one of the pubs that has secured funding

£97.5k ploughed into grassroots music venues

By Amelie Maurice-Jones

Some 23 grassroots music venues, including four pubs, have scored charity grants in the fourth round of Music Venue Trust’s (MVT) pipeline investment fund.

Government proposal: the High Street Rental Auction scheme would permit councils to auction the rental rights of commercial high street properties vacant for more than 12 months in a 24 month period  (image: Getty/Marilyn Nieves)

MPs join pub protection calls

By Nikkie Thatcher

The All-Party Parliamentary Group on Pubs (Pubs APPG) has asked the Levelling Up, Housing and Communities Select Committee to look at the impact the Government’s proposals for High Street Rental Auctions will have.

Wagging the tail: the Tap & Run renovation began in August 2022

Tap & Run innings set to resume

By Gary Lloyd

Cricket stars Stuart Broad and Harry Gurney have set a date for the reopening of their Tap & Run pub after fire destroyed the site in June last year.

Setting sites on new sights: Fresh openings and revamps are on the cards

PROPERTY ROUND-UP

Admiral Taverns pub reopens after £155k revamp

By Amelie Maurice-Jones

There are new sites from BrewDog and NWTC, while Admiral Taverns, Greene King and Shepherd Neame reopen pubs after significant investments.