Pubs, Bars & Clubs News – Page 105
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M&B acquires Johnson’s stake in Ego
Mitchells & Butlers and 3Sixty Restaurants have formed a joint venture for the continued expansion of the Ego restaurant and bar chain.
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Tim Martin: “Post-Brexit food hike claims are pure fiction”
JD Wetherspoon founder Tim Martin has penned a retort to suggestions at the weekend that a “no deal” Brexit would push up food prices. Martin counters that if the Government opts for free trade the result would be a reduction in prices across shops and for eating and drinking out.
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Camden’s Lock Tavern sold for £6m
The freehold of Camden live music venue, The Lock Tavern has been sold for £6m to East London Pub Co.
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Burning Night closes Cardiff Bierkeller
The Burning Night Group has closed its Cardiff Bierkeller.
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Hong Kong beer pong concept Pong opening in Kings Cross
Pong, a high-tech beer pong and premium bar concept, is coming to London’s King Cross, MCA understands.
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Urban Pubs acquires Opera Tavern from Salt Yard
Urban Pubs & Bars has acquired the Opera Tavern in Covent Garden from the Salt Yard Group.
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EiG grows Beacon past 250 milestone
Ei Group has grown its managed tenancy model, Beacon, to over 250 sites.
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New era beckons for Novus
The sale of 15 bars to Stonegate and the process to dispose of the rest of its late-night estate, including the flagship Tiger, Tiger brand, will leave Novus Leisure a very different business. James Wallin talks to Novus chief executive Toby Smith about the new direction for the group and the opportunities for its Tank & Paddle and Balls Brothers brands.
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Wellington Pizza Pub closes two of five sites
Atlas Pub Co has closed two of its five Wellington Pizza sites.
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Inglenook consolidates leased estate; eyes 50 freeholds
Inglenook Inns & Taverns, the Lancashire-based group, is looking to acquire packages of up to 10 pubs as it seeks to grow its freehold estate to c50.
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Sports Bar & Grill founders launches new venture
Dave Evans, the founder of the Sports Bar & Grill, has launched a new venture called Belle Pubs & Restaurants, with three pubs in London and two more to follow, MCA has learnt. Evans, who sold the five-strong Sports Bar & Grill concept to Stonegate Pub Company last September, currently ...
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Oakman lfls up 10%
Oakman Inns has seen like-for-like sales grow 10% in the 19 weeks to Sunday 11 August and recorded a strong opening at its £10m pub, The Royal Foresters in Ascot.
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Innspired Leisure set to open cocktail bar concept in Durham
Innspired Leisure is set to open The Butterfly Room – a cocktail bar concept – on the former site of the Love Shack nightclub in Durham.
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NewRiver to complete 50th investment
NewRiver has reported an uptick in the number of publicans signing long-term substantive tenancies.
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Imagine Inns doubles up in the North West
Imagine Inns has increased its portfolio of pubs to four, after taking on the lease of The Feildens Arms in Mellor Brook and The Railway at Bromley Cross.
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Dirty Martini looking to hit 20 site mark through regional expansion
CG Restaurants & Bars is looking to reach 20 sites for its Dirty Martini brand by the end of 2020, with the growth to come predominately from regional sites, MCA has learnt.
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Peach gears up for transformative 2019
Peach Pubs has reported like-for-like sales in 2017 up 2.4%, with turnover growing by £600,000 to £25.6m.
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Cosy Club to double up in first location
Loungers is to open a second Cosy Club in Cardiff – the first time it has operated multiple sites for the concept in the same location.
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JDW founder says Brexit could create competition for Lavazza
JD Wetherspoon founder and chairman Tim Martin has said that Brexit could open up competition for the group’s coffee supplier Lavazza.
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Brakspear FY managed lfls up 5%
Brakspear saw turnover grow 11% in 2017 to £28.3m, with EBITDA down 7% to £7.7m.