Tenanted + Leased

Exciting times ahead: New sites planned from BOXPARK and Alcotraz

PROPERTY ROUND-UP

BOXPARK and Alcotraz set to open new sites

By Amelie Maurice-Jones

BOXPARK is set to launch its sixth site next year, with Alcotraz' planning its biggest penitentiary yet, as Barrio Familia launches a new venue today.

Greene King incentives for Cask Ale Week

the cask project

Greene King launches two promotions for Cask Ale Week

By Gary Lloyd

Brewer and pub operator Greene King is launching two incentives to engage new and loyal drinkers in the cask ale category to coincide with the launch of Cask Ale Week, which runs between Thursday 22 September and Sunday 2 October.

Sporting chance: (clockwise from top left) the Admiral Nelson, Anlaby Park, the Denbigh Castle, the Railway, The Gardeners Arms and Famous Three Kings

GBPA 2022

Meet the GBPA finalists for Best Pub to Watch Sport sponsored by Sky

By Gary Lloyd

Many pubs make screening sport one of their main revenue streams and with the football World Cup approaching, there's no excuse for any site not to cash in on the tournament or any other sport that is currently taking place. Here are the finalists...

Event details: the MA Leaders Club conference took place at Komedia in Brighton on Thursday 15 September

MA Leaders club

Consumers want honesty from operators about rising costs

By Nikkie Thatcher

Some 20% of consumers felt strongly that venue owners should be open and honest about rising costs to soften the blow and extend consumers’ understanding of the challenges the sector is facing, a survey has found.

Mixed future: while it is anticipated the sector is expected to gain £8bn of lost value from the pandemic, further growth is being threatened by current challenges (image: Getty/PM Images)

6 pubs expected to close every week

By Nikkie Thatcher

This year, it has been predicted the pub and bar market will see the net closure of six pubs each week – an outlet decline rate of 0.7%.

Talks fail: the licensees of a Hampshire pub have been forced to quit over surging costs (credit: Getty/mauro_grigollo)

Soaring costs force licensees to quit pub

By Gary Lloyd

The operators of Hampshire pub the White Horse Inn have said an emotional farewell after failing to negotiate terms with pubco Admiral Taverns to keep the pub open.

Warning: Sacha Lord has also called for a temporary reduction in VAT on business energy bills from 20% to 5%

Lord: crisis is more damaging than covid

By Gary Lloyd

Night Time Economy Adviser for Greater Manchester Sacha Lord has demanded the Government return to parliament to intervene in the economic issues that are “more damaging than Covid”.

Company portfolio: Red Oak Taverns now operates 208 sites across the UK, which are predominantly leased and tenanted

Red Oak secures £110m debt facility

By Nikkie Thatcher

Multi-site operator Red Oak Taverns has secured a six year £110m whole loan arranged by Excellion Capital to push forward with the group’s growth plans.

New strategy: PCA sets out three-year plan to deliver its priorities (Pictured: PCA Fiona Dickie)

PCA announces new three-year strategy

By Rebecca Weller

The pubs code adjudicator (PCA) yesterday (Monday 1 August) published a strategy for delivering its priorities over the next three years.

Free pdf download on spirits and wines for pubs

free pdf download

Let spirits and wine do the work for you

By Gary Lloyd

Spirits and wine sales at pubs are making a massive comeback – so you could be missing a trick if you don’t make sure your offer includes these favourites.

Big plans: Robinsons has seen profits climb ahead of its move to amalgamate its head office, brewing and packaging operations

Robinsons turns loss into £4.5m profit

By Gary Lloyd

Stockport-based brewer and pub operator Robinsons Brewery has announced an operating profit of £4.5m after ploughing £3.5m into its managed and tenanted pub estates.

Recent news: pubs code adjudicator Fiona Dickie recently appeared in front of a select committee, among others, to discuss how the pubs code is working

opinion

Showing progress in the tied pub relationship

By Fiona Dickie, pubs code adjudicator

I was grateful for the opportunity to appear before a parliamentary select committee this week, to give evidence about the progress of the pubs code in bringing fairness to the tied relationship in the regulated pub trade.

Greene King creates new role to champion cask ale

the cask project

Cask has to be perfect to attract younger drinkers

By John Malone, head of brewery customer engagement, Greene King

Brewer and pub operator Greene King has created a new role that is set to champion the most British of drinks – cask ale. Here, head of brewery customer engagement, John Malone, explains what he and the Suffolk-based business is doing to help the cask...

Scandalous and unfair: Industry officials criticised the Pubs Code

Pubs code labelled ‘wholesale failure’

By Amelie Maurice-Jones

The pubs code came under fire as a “wholesale failure” at the Business, Energy and Industrial Strategy (BEIS) committee meeting yesterday (12 July), designed to assess the usefulness of the code.

Evidence session: the Government's Business, Energy and Industrial Strategy committee will be examining the pubs code and assess how it is working

Pubs code to be examined by business committee

By Nikkie Thatcher

The Business, Energy and Industrial Strategy (BEIS) committee will question a number of people from the industry on how the pubs code is working later this month (Tuesday 12 July).

Moving up: Young’s expects its recent site acquisitions to benefit the business this year

Young’s revenue up 39.7% in Q1 2022

By Gary Lloyd

Brewer and pub operator Young & Co’s Brewery has announced revenue is 39.7% for the first quarter of this year, in a trading update ahead of its AGM on Tuesday 5 July.

Trading update: Shepherd Neame boss Jonathan Neame said the company remained optimistic in spite of external economic headwinds

Shepherd Neame ‘actively pursuing growth’

By Nikkie Thatcher

Operator and brewer Shepherd Neame has revealed the business had emerged from the pandemic in a strong position and is actively pursuing opportunities again to invest and grow.