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All Property articles
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InterviewsYolk: ‘We’re absolutely trying to build something that will scale beyond central London’
Founder Nick Philpot tells MCA the ‘fine fast-food brand’ has learnt lessons around site selection following its recent CVA as it looks to return to the expansion trail
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NewsCoaching Inn Group confirms seven new additions from RedCat estate
The pubs-with-rooms business will see its estate grow to 43 sites following the transition of seven RedCat Independent Pub locations into its portfolio
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InterviewsGail’s: ‘We see opportunities to grow into new areas’
Managing director Nick Ayerst says the rapidly expanding bakery chain is looking to cast the net wider in terms of location types as it continues to grow
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InterviewsMcDonald’s UK: ‘Fresh eyes on the business has informed how we want to grow’
Chief restaurant officer Patrick Gerber, part of a refreshed senior team leading the UK & Ireland territory, said chicken, beverages, value for money and customer experience were some of the key strategic priorities for the business, which recently posted one of its strongest quarters of recent years
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NewsYolk launches £1m fundraise to kickstart expansion
The ‘fine fast-food brand’ has launched another round of fundraising to facilitate the opening of its next two sites.
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Weekend PressBrewDog sold Highland estate for knockdown price after abandoning reforestation plans
Land registration records seen by The Guardian show that BrewDog sold its ’Lost Forest’ at Kinrara for £8.85m, but the estate would have been expected to be worth about £11.3m in real terms by now
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NewsVarious Eateries to rebrand as Coppa Collective as it moves into pubs with rooms
The Hugh Osmond-backed group has acquired four pubs with rooms with a fifth in the offing that will collectively form a third core operating brand alongside Coppa Club and Noci
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Analysis & InsightTravel hubs unlock broader demographic away from challenged high street
Following speculative reports that The Restaurant Group could be looking to sell off its travel concessions division, MCA examines a buoyant part of the sector which is growing ahead of the wider market
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NewsBowland Inns reports 3% revenue rise
The Lancashire-based group said its acquisition of Wennington Hall helped drive revenue growth, though the ongoing impact of high interest rates led to pre-tax losses widening
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InterviewsYoung’s: ‘We want to look at growing more pubs within London’
CEO Simon Dodd says the premium pub operator is looking to acquire smaller one or two site groups to grow its estate and is exploring both lease and freehold opportunities
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NewsIn pictures: Jamie’s Italian Leicester Square
Spread over three floors, the restaurant will have space for 140 covers and is ‘designed to blend nostalgia with modernity, capturing the original essence of Jamie’s Italian with a contemporary twist for today’s diners’
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Analysis & InsightIs competitive socialising reaching saturation point in the UK?
The experiential leisure segment continues to expand at a rapid rate, but there are increasing signs a period of market correction and consolidation could be close
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NewsIRO Sushi launches joint venture programme
The QSR chain has partnered with a leading high street bank to finance joint-venture franchised stores as it looks to accelerate its UK expansion strategy
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NewsStonegate advisors set out leasehold restructuring proposals
The pub and bar company appointed FRP Advisory last month, with documents seen by MCA outlining proposals for a ‘cross-class cram down’ on dissenting creditors, meaning it can press ahead with the restructure without the approval of all landlords
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NewsCosta boosts staff wages and invests £1.5m to drive further Welsh expansion
The coffee giant will increase pay for team members across its 1,500 UK company-owned stores in April with baristas set to benefit from a 4.1% rise
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NewsTourist tax ‘the wrong policy at the worst possible time’
A government consultation on proposals to give Mayors powers to to introduce overnight visitor levies in England closed yesterday
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InterviewsBoxpark: ‘You’re more likely to see us do deals internationally than the UK’
CEO Matt Snell says with a stagnant home economy, he is focussing on the turnaround of Boxpark’s core business, as well as lucrative event pop-ups and international opportunities, after walking away from sites in Bristol and Birmingham
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NewsPrue Freeman speaks out over parks row
The Daisy Green founder has defended her company’s takeover of three North London cafe, saying it was not a ’David & Goliath’ situaiton
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InterviewsDoner Shack: ‘The US is our most important territory for expansion’
Co-founder Sanj Sanghera says the Berlin-inspired QSR brand has signed dozens of franchise agreements for the US and is also exploring options for company-owned sites across the pond
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InterviewsCastle Pubs: ‘What we’re seeing is our guests very much still want to go out’
Operations director Dan Barnett tells MCA that trading across the M&B-owned pub group’s estate has been ‘encouraging’ with an ongoing refurbishment programme driving stronger sales in the long term