Property News – Page 40
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Thecentre:mk eyes premium brands
Hermes Real Estate Investment Management has appointed a new agent team for thecentre:mk to spearhead a drive to attract more premium brands to the centre
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NewsHotel group buys Shepherd's Bush Walkabout
Intertain, the high street bar operator, has sold its Walkabout site in London’s Shepherd’s Bush to Dorsett Hospitality International, the Hong Kong-based international hotel operator, M&C Report understands
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Twenty five pubs go to auction
Twenty-five freehold pubs are set to go to under the hammer next month at two separate auctions held by Network Auctions and CP Bigwood
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Colliers strengthens leisure team
Colliers International has further strengthened its London Licensed & Leisure team with the appointment of Samuel May as a senior surveyor
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Jahan Group takes Little Chef site
Jahan Group, the northern England-based Indian restaurant operator, has taken the lease on a former Little Chef in Merseyside, taking its estate to five as it looks to expand in the region
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Restaurant demand lifts rents for London pubs
Pubs in London are seeing higher rents because of the strong demand that restaurant operators are bringing to the City, argues Jonathan Essex, senior surveyor at Colliers International
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Fifteen pubs go to auction
Freeholds of 15 pubs located in Wales and the West Country are up for auction on 4 September
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Kornicis puts Kamique on the market
Kornicis has placed its Kamique site in London’s Covent Garden on the market, just six months after it acquired the unit from La Tasca
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Strong demand for free-of-tie leases
Pub property agents are continuing to see a strong demand for free-of-tie leases as an alternative to taking on a freehold site
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Victoria Station retail expansion announced
Network Rail has announced a £15m expansion of the Victoria Place retail centre at London’s Victoria Station that will provide space for a further 40 units
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Ex-Yellowhammer venues placed on market
Freeholds of two Bournemouth sites that were previously leased to Yellowhammer, the troubled bar operator, have been placed on the market with Davis Coffer Lyons
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Operators sought for Wellgate redevelopment
Orchard Street Investment Management has submitted a planning application to create a new leisure destination at Wellgate Centre in Dundee
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Shaftesbury reports continued strong demand
Shaftesbury has reported continued strong demand and good progress on lettings which have resulted in in high occupancy and further rental growth across its Londion estate
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Ex-Tchenguiz pub sale complete
The sale of all 106 sites has now been completed, with a total sale price believed to be comfortably in excess of £100m, M&C Report has learnt
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London pub lease sells for £395k
A London bar owned by Terry O’Sullivan and Charlotte Labbett, who ran Wishing Well Pub Company, has been sold for £395,000 for the leasehold interest by Christie + Co
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Chipotle retains Cushman & Wakefield for UK expansion
The US-based Mexican restaurant chain has retained Cushman & Wakefield to advise on potential expansion in the UK
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Property firm markets seven pubs
Freeholds of seven Midlands pubs with sit-in tenants have been placed on the market with Sidney Phillips
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Cross Oak Inns pub sold
A Surrey pub operated by Cross Oak Inns, the food-led pub operator, has been sold for residential conversion
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Leisure package on market
Package includes a pub/restaurant available for offers from £1,495,000 and five Superbowl ten pin bowling sites
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Star reveals disposal and acquisition plans
The pubco plans to sell 50 this year, and is looking at acquisitions once “uncertainty” around the statutory code is lifted, M&C learns