Pubs, Bars & Clubs News – Page 307
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Mothership Group acquires fourth site
Bar and events operator Mothership Group has acquired Brighton bar and nightclub Audio, taking its estate to four sites.
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Absolute Pubs eyes funding and announces rebrand
Absolute Pubs co-founder Simon Bailey has said the company will look at external funding to grow its estate and unveiled a new name – Authentic Pub Co.
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Four County Inns buys the Swan Inn, Stroud
Four County Inns has bought the freehold Swan Inn in Stroud off an asking price of £175,000 plus VAT.
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Government pledges £50k to help communities buy their pub
Community Pubs Minister Kris Hopkins has announced £50,000 of extra funding for the Plunkett Foundation which runs a telephone support line for communities who fear their pub might be under threat.
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NWTC confirms fifth Botanist
New World Trading Company has confirmed its fifth site under The Botanist brand will open in Newcastle in December at Newcastle’s Monument Mall in a two-storey building including bar and restaurant
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Levenshulme expands with real ale concept
Levenshulme Pub Company, the Manchester pub operator, is opening a real alehousebefore the end of the year complete with art gallery and coffee shop
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FY lfl net income up 1.3% at Punch
Punch Taverns has this morning reported a 1.3% rise in like-for-like net income across its 2,925-strong core estate
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Spirit Leased recommends liveRES across estate
Spirit Leased has recommended the liveRES reservations system to its pub estate.
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Heartstone Inns eyes IPO
Heartstone Inns is currently talking to investors regarding a possible IPO, which would value the nine-strong company at c£13m
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Collyer: Punch is re-emerging into the ring in better shape
Leading analyst Geof Collyer at Deutsche Bank has said Punch Taverns is emerging back into the ring in fitter, leaner form
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Analysts: Townsend needs to show Enterprise road map
Leading analyst Douglas Jack has said the wet-led pub sector is “showing signs of stability” despite an uncertain regulatory backdrop, as he forecast slight like-for-like growth at Enterprise Inns.
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Luminar acquires Chicago Leisure
Luminar, the UK’s largest late-night operator, has acquired the eight-strong Chicago Leisure business from Sun Capital Partners for an undisclosed sum
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Former Marco Pierre White pubs up for sale
Four freehold pubs, currently or previously owned by high-profile chef Marco Pierre White, have been put on the market.
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Inventive eyes IPO
The New Inventive Bar Company, owner of the Revolution vodka bar chain, is close to appointing advisors to work on a stock market listing for next year
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C2 says growth strategy will focus on freeholds
C2, the north-west based pub operator and brewer, has said it is only interested in freehold properties going forward.
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Prospect Inns to open railway-themed pub
Prospect Inns is set to open its second site, The Wigan Central, in nearly December.
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Faucet Inn to open first Neighbourhood site
London-based multiple operator Faucet Inn will open the first of its all-day dining concept, Neighbourhood, in Stratford City on Saturday 22 November.
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Tom Kerridge’s new pub to harness ‘revered’ kitchen experience
The head chef at Tom Kerridge’s new pub plans to draw on his experience at some of the “world’s most revered classical kitchens” to make the innovative menu formula work.
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Fuller’s names its Pub of the Year
The Andover Arms in Brackenbury Village, London, has been named Fuller’s Pub of the Year.
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Greene King trials craft ale house format
Greene King is trialling a craft ale house format in its c500-strong Local Pubs division