Pubs, Bars & Clubs News – Page 94
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NewsEiG sells commercial property arm for £348m
Ei Group has announced the sale of its 370-strong commercial properties arm for £348m.
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Half Cup eyes Barts Square
Half Cup, the all-day brunch operator, is eyeing a second site, having submitted an application to open in Barts Square in the City of London.
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Cityglen Pubs takes on sixth site
Cityglen Pubs is to open its sixth site in March, after taking on the former Gipsy Hill Tavern.
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Loungers selects advisors
Loungers, the Lion Capital-backed operator has chosen advisors ahead of a potential IPO push.
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Young’s acquires Wildwood site
Young’s has acquired the Wildwood restaurant in Cobham, MCA understands.
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NewsRed Mist acquires Brasserie Blanc site
Red Mist Leisure has acquired its 10th pub, talking on the Brasserie Blanc site in Farnham, Surrey.
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NewsFreehold pub prices up 6.9% in 2018
The latest survey of pub prices by Fleurets has shown freehold prices growing 6.9% in 2018 to an average of £445,537.
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NewsNWTC to offer staff life insurance as standard
New World Trading Company is to offer full life insurance and critical illness cover to staff as standard.
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NewsLoungers to open 25 sites this year
Loungers is set to open seven new sites before its year-end in April, with 25 openings planned in total for 2019.
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NewsLivelyhood Pubs acquires sixth London site
Livelyhood Pub Group has secured a sixth site in south London.
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NewsYoung’s to launch The Depot in Greenwich in April
Young’s has announced the opening date and name for its long-awaited site in the Kidbrooke development in Greenwich.
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NewsGK YTD managed lfls up 3.2%
Greene King has this morning updated on trading in the 36 weeks to 6 January, in which its managed Pub Company arm grew like-for-like sales by 3.2%.
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NewsMcMullen to add at least four to managed estate in 2019
McMullen is looking to grow its managed pub estate by at least four sites in 2019, MCA has learnt.
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NewsBrewDog bars lfs up 4.1% in 2018
BrewDog saw like-for-like sales (lfls) in its UK bars estate grow by 4.1% in 2018.
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NewsBarons acquires ninth pub
Barons Pub Company is to open its ninth site this month, MCA understands.
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NewsLoungers sizes up advisors as IPO plans gather momentum
Loungers has drawn up a shortlist of advisors as it pushes ahead with plans for a £250m-plus stock market listing, according to reports.
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NewsArc Inspirations appoints advisors
Arc Inspirations has appointed advisors as it gears up for its next stage of growth, MCA understands.
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NewsMcQuater to take Barworks 'to next level'
Goodlife Group founder Marc Francis-Baum has told MCA the appointment of Mark McQuater as Barworks chairman will help take the bar group “to the next level”.
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NewsStar secures record tied lease for Sptialfields site
Star Pubs & Bars is understood to have set a nationwide record for a pub company tied lease at The Gun in Spitalfields.
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NewsDrake & Morgan FY lfls up 1.2%
Drake & Morgan has reported like-for-like sales for the year to 25 March 2018 up 1.2%.