Tenanted + Leased

Jobs round-up

‘Inexcusable’ pub job losses afoot, Liberation Group rebrand, Incipio converts rugby star

08-Oct-2020 By Stuart Stone

While both Greene King and Eclectic Bars set out redundancy plans, Liberation Group unveiled a company-wide shake-up and Incipio Group announced a new signing.

Shepherd Neame ‘profitable and cash generative’ since lockdown

08-Oct-2020 By Stuart Stone

Kent-based brewer and pub operator Shepherd Neame revealed that it has reopened 'nearly all' of its pubs, traded successfully and and benefitted from the Eat Out To Help Out Scheme in the 13 weeks since reopening.

Analysis

Are we at the pub jobs cliff edge?

07-Oct-2020 By Nikkie Thatcher

Several pubcos have warned of severe job cuts as the end of furlough approaches, meaning experts' predictions at the start of the pandemic are beginning come true.

Greene King to shut 79 sites and cut up to 800 jobs

07-Oct-2020 By Nikkie Thatcher

Suffolk-based pubco Greene King is preparing to close 79 venues and cut hundreds of jobs due to a fall in trade.

Property round-up

New sites for Trust Inns and Arc Inspirations

07-Oct-2020 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.

Hawthorn Leisure non-executive chairman David Lockhart passes away

02-Oct-2020 By Stuart Stone

New River REIT has announced David Lockhart, the company’s co-founder and a non-executive chairman of its pub arm, Hawthorn Leisure, has died.

Which pub operators are offering EOTHO-style discounts throughout October?

30-Sep-2020 By Stuart Stone

Operators including Oakman Inns, Revolution Bars Group, Arc Inspirations and The Lost & Found will all continue to fund of similar discounts to those available under the Government’s Eat Out to Help Out (EOTHO) scheme throughout October.

‘One for the road’ and 9:15pm last orders: how are pubs enforcing the 10pm curfew?

30-Sep-2020 By Stuart Stone

After almost a week of 10pm closure, The Morning Advertiser (MA) quizzed its readers on what steps they’d been taking to enforce the Government’s curfew.

M&B sales slip 6.4% post-EOTHO

24-Sep-2020 By Stuart Stone

Birmingham-based pub group Mitchells & Butlers (M&B) has revealed its like-for-like sales for the first three weeks of September are down versus its Eat Out to Help Out boosted August numbers.

Ei Publican Partnership tenants to receive rent reductions in October and November

23-Sep-2020 By Nikkie Thatcher

Stonegate Pub Company’s leased and tenanted arm Ei Publican Partnerships has announced additional rent reductions.

Opinion

Pubs code review must provide businesses and licensees with greater clarity

22-Sep-2020 By Lawson Mountstevens, Star Pubs & Bars managing director

As we take stock of the continuing Covid crisis, it’s clear that many pubs in this country, regardless of their ownership model, are proving resilient through the pandemic.

Opinion

Rents, Covid and the code

21-Sep-2020 By Fiona Dickie – pubs code adjudicator

A top concern expressed by tenants since lockdown began has been their rent levels. They want to know what the Pubs Code and the PCA can do. I am pleased to have this opportunity to set out the position.

Licensing Hub – Legal with Poppleston Allen

Insolvency and your premises licence

11-Sep-2020 By Poppleston Allen

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

Post-lockdown sales in Fuller’s managed pubs down 20% YOY

10-Sep-2020 By Stuart Stone

While it started the new financial year with an estate of almost 400 closed pubs, Fuller, Smith & Turner has revealed that post-lockdown sales in its managed sites recovered to 80% of last year’s takings.

Tenants to protest pub-owning hedge fund’s rent relief

09-Sep-2020 By Stuart Stone

A group formed by the tenants of 202 pubs owned by Global Mutual will march on Whitehall to deliver a letter to Small Firms Minister Paul Scully today (9 September) despite the hedge fund stating that it has provided £4.4m worth of pandemic support thus...

Greene King sees record number of new T & L applications

04-Sep-2020 By Nikkie Thatcher

Pubco Greene King’s tenanted and leased arm Pub Partners has recorded its highest number of new applications across this summer.

Big Interview

‘The playbook on the 'new normal' is being rewritten almost every day’

02-Sep-2020 By Stuart Stone

The chairman of the Independent Family Brewers of Britain (IFBB) and Thwaites’ CEO, Rick Bailey, explains how some of the UK’s oldest pub companies are weathering the Covid-19 pandemic.

Red Lion claims TripAdvisor 2020 diner’s choice award

02-Sep-2020 By Stuart Stone

The Red Lion in Chobham, Surrey, has been recognised among the best places to eat around the world in TripAdvisor’s 2020 Diner’s choice awards.

Opinion

'Knowing the pubs code will help tenants negotiate in this challenging time'

27-Aug-2020 By Fiona Dickie – pubs code adjudicator

During this uniquely challenging time the financial stresses that Covid-19 has inflicted on tied tenants should not exacerbated by pubs code breaches by their pub-owning business. The industry should know I am watching this very closely.

Jobs round-up

Publican Award winner steps up recruitment campaign, Beaverworld creates 150 jobs, Boxpark hires Bishop

26-Aug-2020 By Stuart Stone

The Inn Collection Group has outlined plans to hire more than 200 new staff members across its estate while Beavertown Brewery’s recently revealed new home will add 150 new roles to the north London jobs market.

Property round-up

Beavertown’s new home, Roxy Liverpool reopens, Redcomb founders add to Prospect portfolio

26-Aug-2020 By Stuart Stone

The creator of Neck Oil and Gamma Ray has unveiled its £40m new home, Redcomb's founders have added a second site to their portfolio of Prospect Pubs and Roxy Liverpool has undergone a £100,000 revamp.

Greene King announces 40% rent concession for tied tenants

25-Aug-2020 By Nikkie Thatcher

Pubco Greene King has revealed £6m worth of financial support for its 975 tied tenants following the coronavirus lockdown including tapered rent concessions.

Small Brewers’ Forum aims to bridge gap between pubs and local beer makers

25-Aug-2020 By Stuart Stone

The newly formed Small Brewers’ Forum will work in tandem with the Forum of British Pubs to increase the flow of locally brewed beer into pubs.

Ei Publican Partnerships’ rent support spend passes £32.5m

21-Aug-2020 By Stuart Stone

Ei Publican Partnerships, the leased and tenanted division of Stonegate Pub Company, has announced further subsidised rental payments of 40% throughout September – taking its overall support spend past £32.5m.

How has the coronavirus pandemic affected the pub property market so far?

19-Aug-2020 By Stuart Stone

Experts from Fleurets, Davey Co and Christie & Co dissect the pub property market and highlight a number of sector trends emerging amid the ongoing Covid-19 crisis.

Property round-up

Venues saved from administration, £2.6m JDW pub plans approved

19-Aug-2020 By Stuart Stone

Two venues in Leeds' city centre have been saved from administration while JD Wetherspoon (JDW) has had plans for a new £2.6m site in Felixstowe, Suffolk, approved.

Meet the GBPA Pub Heroes finalists - Star Pubs & Bars Pub Hero

18-Aug-2020 By Ed Bedington

Pubs across the UK have achieved some amazing successes despite the impact of the pandemic and the lockdown, and Star Pubs & Bars tenants were no exception.

Meet the GBPA Pub Heroes finalists - Feeding the Community

17-Aug-2020 By Ed Bedington

Food has become a vital part of many pubs offer, and with the lockdown underway, many pubs shifted to not only run takeaway services, but also provide free meals to vulnerable people.

Meet the GBPA Pub Heroes finalists - Keeping the Community Entertained

17-Aug-2020 By Ed Bedington

Entertainment is a key part of our society, and with people suffering under the lockdown pubs up and down the country reached out to their communities to help connect and provide amusement and welcome relief.

Meet the GBPA Pub Heroes finalists - Admiral Taverns Pub Hero

17-Aug-2020 By Ed Bedington

Pubs across the UK showed their true worth during the coronavirus epic, and Admiral Taverns tenants were no exception.

Meet the GBPA Pub Heroes finalist - Ei Publican Partnerships Pub Hero

17-Aug-2020 By Ed Bedington

Pubs across the UK have struggled to adapt to the challenges the corona crisis created, but many not only adapted but thrived, and Ei Publican Partnership operators were no exception.

Meet the GBPA Pub Heroes - Punch Pub Hero

17-Aug-2020 By Ed Bedington

The corona crisis gave pubs across the opportunity the opportunity to shine, despite the challenges they faced, and Punch Pub tenants were quick to step up to the mark.

Meet the GBPA Pub Heroes finalists - Front-Line Support

17-Aug-2020 By Stuart Stone

One of the key difficulties faced during lockdown was supporting front-line workers, and pubs did not shy away from the challenge.

Meet the GBPA Pub Heroes finalist - Pub Shop

17-Aug-2020 By Ed Bedington

As the corona crisis began to take hold basic supplies started to prove challenging to source, until pubs stepped in.

Meet the GBPA Pub Heroes finalists - Charity Champion

17-Aug-2020 By Ed Bedington

Pubs are well known for their support of charities, raising many millions of pounds a year, and while lockdown might have threatened their businesses, many operators continued to champion those charitable causes.

Great British Pub Awards Pub Heroes 2020 voting closes at midnight

17-Aug-2020 By Ed Bedington

Though 50,000 votes have already been cast in the 2020 Great British Pub Awards, the public still has until 23:59 on Wednesday 26 August to pick their Pub Heroes.

Adnams pre-tax losses increase to £3.5m

14-Aug-2020 By Stuart Stone

Suffolk-based brewer and pub operator Adnams has reported further losses as a result of the “serious impact” of the coronavirus crisis on the business.

Jobs Round-up

Greene King recruiting A-Level recipients, Be Inclusive Hospitality mentorship scheme, new FD at Hall & Woodhouse

13-Aug-2020 By Stuart Stone

This week, brewer and pub operator Greene King outlined plans to hire 150 new apprentices and Dorset-based Hall & Woodhouse recruited a former Deloitte partner, while Be Inclusive Hospitality unveiled a new mentorship scheme.

UK enters first recession in 11 years

12-Aug-2020 By Stuart Stone

The UK economy has slipped into its first technical recession since 2009 after suffering its biggest slump on record as a knock-on effect of Covid-19 lockdown measures.

Property round-up

Wedding pot spent on pub garden, Star invests £1m in Scottish sites

05-Aug-2020 By Stuart Stone

A number of regional operators including Robinsons, Inn Collection Group and Priory Inns North West have unveiled revamped sites after sizeable recent investment.

MA'S REVIEW OF THE WEEK

Eat Out to Help Out ‘quite a partial, divisive’ move

31-Jul-2020 By Ed Bedington

The Morning Advertiser's (MA) editor Ed Bedington catches up with Admiral Taverns' Chris Jowsey to discuss what’s grabbed his attention from the week’s headlines.

Jobs round-up

Two thirds fewer shifts being worked post-lockdown, pub receives almost 500 job applications

30-Jul-2020 By Stuart Stone

Despite reports of 484 applicants competing for two jobs at a south London pub, the number of shifts being worked across the UK's hospitality sector remains at less than a third of pre-pandemic numbers.

Coronavirus puts £10m dent in Fuller’s figures

30-Jul-2020 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.

Liberation Group reshuffles senior team

29-Jul-2020 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.

Property round-up

Seven-figure sums invested by JDW, Robinsons and Craft Union

29-Jul-2020 By Stuart Stone

Pub operators including JD Wetherspoon (JDW), Punch and Craft Union have completed extensive pub refurbishment projects amid the ongoing Covid-19 pandemic.

Little interview

Pub operator wants taxpayer money ‘spent somewhere else’ after successfully diversifying trade

21-Jul-2020 By Stuart Stone

A Norfolk pub operator plans to eschew further taxpayer-funded Government support for his site after registering year-on-year growth under a diversified business model since lockdown.

Majority of customers feel safe returning to pubs

15-Jul-2020 By Nikkie Thatcher

Almost all (99%) customers said they felt safe visiting a pub while 98% felt comfortable about returning to one in the future, a new survey has found.