Pubs, Bars & Clubs News – Page 252
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Admiral launches new development scheme
Admiral Taverns has unveiled a new development programme aimed at helping established licensees unlock further sales and profit growth.
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Yummy secures sixth site
Yummy Pub Co has secured its sixth site and its fourth with Charles Wells for its first high street pub, offering 100 types of loose-leaf tea.
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NewsCraft Beer Co secures debut City site
The Craft Beer Co is set to make its debut in the City of London, after securing the leasehold of the former Trident Bar and Restaurant
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NewsM&B Q3 lfls up 1.3%
Mitchells & Butlers has reported like-for-like sales growth of 1.3% for the 43 weeks to 25 July, and said it is “assessing a wide range of options” to mitigate the effects of the National Living Wage.
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M&B’s HQ acquired in c£70m deal
Legal & General Property has acquired the property housing Mitchells & Butlers’ headquarters and associated hotel for £69.5m
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NewsHeartstone Inns secures £8m of new funding
Heartstone Inns has secured a new £8m refinancing deal with HSBC which provides the company with £5m of development finance
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NewsRobinsons sees uptake in new tenancy agreements
William Robinson, the joint-managing director of Robinsons, has told M&C the company’s new-style tenancy agreements have been now been taken up by almost a quarter of its tenants.
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SIBA to launch first food safety and quality programme
The Society of Independent Brewers (SIBA) is introducing a new food safety and quality management programme for its members
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The Alchemist to double up in Leeds
The Alchemist, the four-strong cocktail bar and restaurant concept founded by Living Ventures, is set to double its presence in Leeds
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Joule’s free house arm buys second pub
Stone Property Ltd, the sister company of Shropshire brewer and pub operator Joule’s, has taken on its second free house.
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NewsRevolution to open a De Cuba in Nottingham
Revolution Bars has secured a site in Nottingham for its Revoluciòn de Cuba brand, M&C understands.
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Pubcos join Stay in A Pub initiative
Enterprise Inns, Punch Taverns and Young’s have joined a group tasked with promoting accommodation in pubs across the UK.
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Revere confirmed for Cardiff
The Marston-owned premium bar and pub brand Revere has confirmed it will open its fourth site in Cardiff in September
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NewsRobinsons to invest £23m in estate over five years
Robinsons is to spend £23m over the next five years refurbishing 179 pubs and a similar amount in maintenance.
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Trust Inns reports FY turnover down but profits up
Tenanted pub operator Trust Inns has reported turnover for the year to 31 March at £47.4m, down from £49.4m the year before.
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Poppleston Allen secures M&B contract
Poppleston Allen, largest firm of licensing solicitors in the UK, has been awarded a national contract by Mitchells & Butlers (M&B).
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Worthing pub operator doubles up
Licensee Nathan Wright of The Wandering Goose pub in Worthing, West Sussex is opening a second venue in the same south coast town
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NewsFriends of Ham doubles up
Leeds delicatessen-come-restaurant Friends of Ham is opening its second site in Ilkley, West Yorkshire next month
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NewsBrewdog updates pipeline of openings
Brewdog has secured sites in York and Norwich in its pipeline of 12 UK openings planned for the coming months
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NewsTurner steps down from Geronimo Inns
Ed Turner, managing director of Young’s Geronimo inns, has stepped down from the board with immediate effect and is leaving the Young’s group