Property News Rss news feed for Morning Advertiser

Liberation seeks new sites

Tue, 30 Aug 2011 06:30:00 GMT

Liberation Group, the Jersey-based pub and drinks business, is setting its sights on new pub acquisitions on the Channel Islands.

Young couple step in at Arkells pub

Fri, 26 Aug 2011 06:51:00 GMT

Arkells Brewery has saved another of its rural pubs from possible closure with the help of its brewery community liaison officer.

Gov’t creates new enterprise zones

Thu, 25 Aug 2011 06:37:00 GMT

New pubs and bars in parts of Leicestershire, Oxfordshire, Essex and Kent are set to have lower business rates.

Shorthouse to join Colliers from Christie

Wed, 24 Aug 2011 07:00:00 GMT

Colliers International has appointed James Shorthouse from rival agent Christie + Co, to the role of head of licensed and leisure.

Commercial leases 'the most flexible ever'

Tue, 23 Aug 2011 07:38:00 GMT

Commercial landlords are offering “the most flexible lease regimes ever”, leading to a greater take-up of longer leases. That’s according to the British Property Federation’s (BPF) Annual Lease Review for the Mary Portas high street review.

Hosts hail freehold deals

Fri, 19 Aug 2011 09:16:00 GMT

Licensees who bought their freeholds from Punch Taverns two years ago say the move has paid off with bigger profits being achieved.

Cavendish in site launch

Thu, 18 Aug 2011 07:00:00 GMT

Cavendish Bars, the company led by Christian Arden, is to launch an entertainment venue close to its Wahoo site in Oxford.

Craft Beer Co in talks over rollout

Mon, 15 Aug 2011 07:49:00 GMT

The Craft Beer Co is believed to be in talks with a number of interested parties regarding funding to roll out the brand to further sites in London.

Renaissance Pubs to open sixth site

Wed, 10 Aug 2011 12:50:00 GMT

Renaissance Pubs, the London-based gastro pub group founded by Nick Fox, Tom Peake and Mark Reynolds, will open its sixth site this September.

Lees acquires Blue Moon pub

Wed, 10 Aug 2011 07:00:00 GMT

Manchester-based brewer and pub operator JW Lees has bought the freehold of a West Yorkshire pub from Blue Moon Pub Company

Rental values still in downward spiral

Fri, 05 Aug 2011 07:00:00 GMT

Pub rental values are still being hit by the economic decline that began in 2007 and it is difficult to predict when an uplift may occur.

MP and CAMRA hail pub plans change

Fri, 05 Aug 2011 07:00:00 GMT

MP Greg Mulholland and CAMRA have welcomed the Government’s inclusion of pubs in a new reduced-size planning document.

Giggs group ‘in club bid’

Fri, 05 Aug 2011 07:00:00 GMT

A consortium including Manchester United player Ryan Giggs is understood to have made a £20m offer to buy No 5 Cavendish Square.

Faucet Inn acquires Ramsay’s The Warrington

Thu, 04 Aug 2011 07:23:00 GMT

Faucet Inn, the London and south-east multiple headed by Steve Cox, has agreed to acquire The Warrington in London’s Maida Vale.

Pubs in the zone for business boon

Wed, 03 Aug 2011 09:32:00 GMT

New pubs and bars in parts of Birmingham, Bristol, Leeds and Sheffield are set to have lower business rates and fewer restrictions on planning control.

Rural pubs urged: make grant bids

Wed, 03 Aug 2011 09:25:00 GMT

Rural pubs in Greater Manchester are being encouraged to apply for a new grant of up to £60,000 to fund any new refurbishments and developments.

Johnson’s Draft House investment

Tue, 02 Aug 2011 07:51:00 GMT

Luke Johnson, the serial restaurant investor, has taken a substantial minority stake in Draft House.

Inn the Pub to expand hotel base

Tue, 02 Aug 2011 07:35:00 GMT

Lancashire based leisure company Inn the Pub is to focus on the expansion of its hotel operations over the next six months.

SIBA chief takes on pub lease

Mon, 01 Aug 2011 07:00:00 GMT

Julian Grocock, chief executive of the Society of Independent Brewers (SIBA) has taken on a pub lease in the Leicestershire village of Hose.

Peach Pub Company vows to get 22 pubs

Wed, 20 Jul 2011 07:32:00 GMT

Peach Pub Company, the 14-strong Oxfordshire-based group, has vowed to reach its goal of operating 22 pubs by 2013.

Small businesses suffer loans woe

Wed, 20 Jul 2011 07:22:00 GMT

Just under a third (27%) of small to medium-sized businesses (SMEs) had their application for a loan rejected by banks last year.

GK pays £1.25m for Hungry Horse site

Wed, 20 Jul 2011 07:15:00 GMT

Greene King has paid £1.25m for a 99-year lease to set up a Hungry Horse pub and restaurant at the Pipeworks retail and leisure development.

Hosts get more time for energy changes

Wed, 06 Jul 2011 07:00:00 GMT

Licensees have been given yet more time to adhere to new regulations to advertise a full energy-efficiency certificate for their pub on all marketing material when selling up.

Uni helps micros track down casks

Wed, 06 Jul 2011 07:00:00 GMT

The University of Nottingham is stepping in to help microbrewers in the East Midlands find the best way to keep track of their lost or stolen casks.

Sheps boosts pub with £700k refurb

Thu, 30 Jun 2011 06:28:00 GMT

Kent brewer and pub operator Shepherd Neame has spent £700,000 refurbishing the Crown in Blackheath, south-east London.

Capital to spend £1m on seven pubs

Wed, 29 Jun 2011 07:22:00 GMT

London-based Capital Pub Company is planning to spend £1m on refurbishing and gaining planning permission at seven of its 34-strong estate of pubs.

5th for Drake & Morgan

Fri, 24 Jun 2011 06:59:00 GMT

London operator Drake & Morgan will launch its fifth site, the Drift at London’s newly developed Heron’s Tower, on 4 July.

Brett opens 3rd pub in 12 months

Fri, 24 Jun 2011 06:55:00 GMT

A former Greene King regional manager is to open his third freehold pub in a year this week.

TV show for grant-aided pub rescue

Thu, 23 Jun 2011 07:04:00 GMT

A BBC television series follows a Wiltshire community group that scooped a £400,000 lottery grant.

Stonegate and Town & City merge

Wed, 22 Jun 2011 05:00:00 GMT

Stonegate Pub Company and Town & City Pub Company have merged and will take on the Stonegate name, the PMA understands.

2,300 Punch freehold for sale to tenants

Thu, 16 Jun 2011 07:46:00 GMT

A total of 2,300 Punch licensees will be told by Punch Taverns this month that the company is open to offers from them for their freehold.

British Country Inns investors to be given sale decision

Thu, 16 Jun 2011 07:29:00 GMT

Investors in BCI will be told after its annual general meeting later this month whether its directors think the company should be sold.

Be At One lands 11th site in capital

Thu, 16 Jun 2011 07:07:00 GMT

Be At One has secured its 11th site in the capital, after taking on an Enterprise Inns leased pub in Kings Cross.

Pubs help with Queen of Shops review

Wed, 15 Jun 2011 07:09:00 GMT

Trade groups are sending submissions to the Mary Portas retail review in the hope of encouraging planners to consider pubs.

Wetherspoon scraps Jersey plan

Tue, 14 Jun 2011 07:03:00 GMT

Managed pub operator JD Wetherspoon has scrapped plans to open its first Channel Islands outlet.

Travelodge targets pubs to develop

Mon, 13 Jun 2011 07:46:00 GMT

Travelodge has unveiled plans to open 100 small hotels in prime locations by 2020, with former pubs among the properties being sought.

Ex-Gordon Ramsay pub takeover

Mon, 13 Jun 2011 07:01:00 GMT

The man behind Islington’s Drapers Arms, in north London, has taken on one of Gordon Ramsay’s failed pubs.

Orchid re-opens Enterprise pub

Mon, 13 Jun 2011 06:59:00 GMT

Orchid Pub Company, the managed operator of around 300 pubs, has re-opened a pub belonging to a third tenanted pub company.

Glendola snaps up bars from Saltire Taverns

Fri, 10 Jun 2011 06:58:00 GMT

Glendola Leisure has bought the two Frankenstein bars in Glasgow and Edinburgh from Saltire Taverns, for an undisclosed sum.

21 Hospitality opens Newcastle site

Wed, 08 Jun 2011 07:19:00 GMT

Chef and restaurateur Terry Laybourne’s company, 21 Hospitality Group, has opened a pub in Newcastle following a £400,000 investment.

Stars back Primrose Hill pub in M&B row

Tue, 07 Jun 2011 09:58:00 GMT

A number of celebrities have thrown their weight behind the licensees of a popular Primrose Hill pub.

Former Laurel pubs hit the market

Tue, 07 Jun 2011 09:11:00 GMT

A second package of former Laurel Pub Company pubs comprising 21 town centre sites has been placed on the market.

Tally Ho expands to three outlets

Tue, 07 Jun 2011 08:53:00 GMT

Tally Ho Holdings, the operator of food-led pubs, run by the daughter of broadcaster Sir Terry Wogan and her husband, has secured its third site.

August launch for BrewDog Camden

Tue, 07 Jun 2011 07:00:00 GMT

Scottish microbrewer and pub operator BrewDog is set to open its flagship London bar in Camden this August.

St Austell plans £1m pub revamp

Tue, 07 Jun 2011 07:00:00 GMT

St Austell has teamed up with local property firm Nirvana Properties to invest £1m into revamping the Old Market House in Brixham, Torbay.

Activ gets in the Mood

Tue, 07 Jun 2011 06:35:00 GMT

A Newcastle-on-Tyne nightclub formerly run by Cougar Leisure has been bought by Lincolnshire-based Activ Leisure

Loungers prepares to launch its 18th site

Mon, 06 Jun 2011 07:01:00 GMT

Multi-site operator Loungers is set to open its 18th venue at the end of June, its second Cosy Club outlet in Bath.

Concept Hotel Group collapse

Mon, 06 Jun 2011 07:00:00 GMT

The Concept Hotel Group, the Cotswolds-based hotels, restaurants and gastropub operator, has collapsed into administration.

Bulldog gets its teeth into fifth site

Fri, 27 May 2011 06:56:00 GMT

Bulldog, the Lincolnshire-based operator of coaching inns, has snapped up its fifth site — the Admiral Rodney in Horncastle.

Young's profits up 7.1%

Thu, 26 May 2011 07:12:00 GMT

Young’s, the London-based pub operator and brewer, has reported a 7.1% rise in annual operating profit for the 53 weeks to 4 April.

Everards spends £250k on Project William pub

Wed, 25 May 2011 07:44:00 GMT

Everards has spent £250,000 revamping the Final Whistle in Southwell, Nottinghamshire, which includes a railway platform.

St Austell’s £2m splash on rooms

Wed, 25 May 2011 07:21:00 GMT

South-west family brewery St Austell has invested more than £2m in adding 33 letting rooms to the County Arms in Truro, Cornwall.

Gillham: beware of rent review pitfalls

Tue, 24 May 2011 11:08:00 GMT

Fleurets director Barry Gillham has outlined the major pitfalls to avoid when conducting a rent review.

Cask Pub and Kitchen rollout

Mon, 23 May 2011 10:43:00 GMT

Award-winning licensee Martin Hayes is to expand beyond his Cask Pub and Kitchen pub in London.

Greene King explores national opportunities for Cloverleaf

Mon, 23 May 2011 10:41:00 GMT

Greene King is to investigate the potential to turn its Cloverleaf carvery acquisition into a national brand.

Australasia set to open

Mon, 23 May 2011 07:00:00 GMT

Living Ventures will open Australasia, its new Pacific Rim pan-Asian casual fine-dining restaurant and bar, in Manchester this month.

Wetherspoon reveals 15 openings

Mon, 23 May 2011 07:00:00 GMT

JD Wetherspoon, the managed pub operator, has revealed details of its next 15 openings scheduled for May, June and July.

Fears of a property flood are unfounded

Fri, 20 May 2011 01:15:00 GMT

The impression that the pub property market is being or is about to become flooded with tenanted pubs is unfounded, says Neil Morgan.

ALMR’s leased pubs worry

Fri, 20 May 2011 07:00:00 GMT

Leased pubs should not be penalised under the Government’s Community Right to Buy scheme, says trade body.

Ex-Realpubs manager to take on lease

Fri, 20 May 2011 06:49:00 GMT

A former general manager for Greene King-owned pub company Realpubs is set to take on a pub operated by ETM Group.

Greene King's franchise set for rollout

Thu, 19 May 2011 07:08:00 GMT

Suffolk brewer and retailer Greene King plans to roll-out its new franchise agreement, Blueprint, to 100 sites within its tenanted division.

Illusions Magic Bars down to one site

Wed, 18 May 2011 10:06:00 GMT

Illusions Magic Bars, the operator of magic bars, has been forced to close its Manchester venue after the landlord declined to renew the lease.

13 pubco sites to go under the hammer

Wed, 18 May 2011 07:11:00 GMT

The freeholds of 13 pubco sites are due to go under the hammer at a Sidney Phillips auction at the end of next month.

Barracuda to reduce number of Varsity pubs

Mon, 16 May 2011 09:49:00 GMT

Managed operator Barracuda is to reduce the number of its student-focused Varsity venues by 12 to 27.

Cavendish to open 7th Wahoo

Mon, 16 May 2011 06:51:00 GMT

Cavendish Bars is to open its seventh Wahoo venue next Friday (20 May) in Clacton-on-Sea, Essex.

RBS 'poised to sell 900 pubs'

Fri, 13 May 2011 08:53:00 GMT

The Royal Bank of Scotland (RBS) is set to appoint advisers from Sapient Corporate Finance to sell 900 pubs.

Be At One steps up growth plans

Fri, 13 May 2011 07:04:00 GMT

Be At One, the highly-regarded cocktail-bar operator, is sounding out a number of private-equity companies regarding the next stage of its growth.

Fluid Group launches 10th site

Fri, 13 May 2011 07:00:00 GMT

Fluid Group, the Newcastle upon Tyne-based leisure company, is set to launch its 10th site in the north-east.

Grand Union Paddington is a big deal

Wed, 11 May 2011 07:00:00 GMT

Grand Union Group (GUG), the fast-growing London-based multi-site operator, will open its 12th and biggest site next week in Paddington.

Charles Wells puts six pubs on market

Wed, 11 May 2011 07:00:00 GMT

Bedfordshire brewer and pub operator Charles Wells has placed a portfolio of six freeholds on the market.

Hydes’ split site signals growth

Tue, 10 May 2011 06:58:00 GMT

Manchester brewer and pub operator Hydes has revealed plans to buy three or four more pubs over the next 12 months.

'Right to Buy may not stop pub closures'

Mon, 09 May 2011 08:46:00 GMT

The Government’s Community Right to Buy scheme will do little to save local services such as pubs from closure, warned the British Property Federation.

Market Town Taverns in Otley pub launch

Mon, 09 May 2011 07:02:00 GMT

Market Town Taverns, the Yorkshire-based operator led by Ian Fozard, has opened its 15th pub, an ex-Enterprise Inns site in Otley.

Faucet buys renowned pub

Mon, 09 May 2011 07:01:00 GMT

Faucet Inn has acquired the freehold of the renowned Sir Richard Steele pub in London’s Belsize Park off an asking price of £3.75m.

Pub sales market slowed by bank holidays

Mon, 09 May 2011 07:01:00 GMT

Pub property agents are blaming the bumper bank holiday weekends and a later Easter for the market stalling in April.

Dowling launches members’ clubs chain

Mon, 09 May 2011 07:00:00 GMT

Frank Dowling, the entrepreneur behind Inc Group, the London-based bar and restaurant group, is launching a chain of members’ clubs.

GVA to acquire Humberts Leisure

Wed, 04 May 2011 10:19:00 GMT

Property consultant GVA is set to acquire leisure property agent Humberts Leisure, to form a new leisure firm – GVA Humberts Leisure.

Timothy Taylor in pub re-launch

Wed, 04 May 2011 07:11:00 GMT

Yorkshire brewery Timothy Taylor is set to re-open the Town Hall Tavern in Leeds, West Yorkshire, next month following its revamp into a gastropub.

Gastro future for former Archers brewery

Tue, 03 May 2011 07:11:00 GMT

The former Archers Brewery in Swindon is to undergo a £1.5m transformation and re-open as a gastropub complete with microbrewery.

Wetherspoon hits 800-site milestone

Tue, 03 May 2011 07:04:00 GMT

Managed pub operator JD Wetherspoon (JDW) has reached the milestone of 800 venues following the opening of its 19th pub-hotel last week.

Moorfield and Safeland’s hostels venture

Tue, 03 May 2011 07:01:00 GMT

The Moorfield Group and Safeland have entered into a £50m joint venture to establish a chain of hostels.

Mulholland-Tuppen spat pub unveiled after £300k refurb

Thu, 28 Apr 2011 12:37:00 GMT

The controversial Black Horse Hotel in Otley, West Yorkshire, has re-opened after a £300,000 joint investment.

Fuller's adds Startford-upon-Avon hotel to estate

Thu, 28 Apr 2011 09:52:00 GMT

London brewery Fuller’s has added another hotel — the White Swan in Stratford-upon-Avon — to its estate.

Enterprise lease for Byron

Wed, 27 Apr 2011 07:00:00 GMT

Byron, the chain of up-market burger restaurants, is set to open in Putney, after taking a new lease from Enterprise Inns

Pub restaurants at new Premier sites

Wed, 27 Apr 2011 07:00:00 GMT

Whitbread plans to open a Beefeater Grill and a Brewers Fayre at its two new Premier Inn sites in the coastal resorts of Weymouth and Weston-super-Mare.

Pubs sought for hostel profit 'bunk-up'

Wed, 20 Apr 2011 08:34:00 GMT

Journeys Hostels, the hostel operator, is looking for 15 to 20 pubs to take on its franchises and add a hostel operation.

Travelodge in £100m pub group link up

Mon, 18 Apr 2011 08:46:00 GMT

Travelodge is to link up with several pub groups, including Greene King and Mitchells & Butlers, as part of a £100m expansion programme.

Scoff & Quaff buys up pub

Mon, 18 Apr 2011 07:23:00 GMT

Worcester-based pub operator Scoff & Quaff has bought its seventh site — a flood-hit Enterprise Inns leased pub.

Robinson's seeks tenants at four pubs

Fri, 15 Apr 2011 10:39:00 GMT

Frederic Robinson’s, the Stockport-based family brewer, has appointed Christie + Co to find tenants for four of its pubs in Cheshire.

Co-op Enterprise Hub helps save pubs

Fri, 15 Apr 2011 07:39:00 GMT

Saving local pubs from closure received a boost this week, as an organisation run by the Co-operative Group went nationwide.

Pubs targeted by new wave of rogue rates agents

Thu, 14 Apr 2011 07:44:00 GMT

A new wave of rogue business rates advisors has been targeting pubs over their rates appeals.

Mortgages rise by £1m, says lender

Tue, 12 Apr 2011 11:12:00 GMT

Independent commercial finance specialist Crystal Mortgages has reported a £1m rise in pub lending in the first quarter of the year.

BrewDog aims to launch five bars

Tue, 12 Apr 2011 11:07:00 GMT

Scottish microbrewer BrewDog is looking to open five new bars this year by asking customers to suggest sites in their home towns.

80 former Laurel pubs to hit the market

Mon, 11 Apr 2011 12:53:00 GMT

Over 80 properties that were part of the former Laurel Pub Company are set to come to the market over the next 12 months as investment opportunities.

Everards to open two more Project William sites

Mon, 11 Apr 2011 07:32:00 GMT

Everards is opening two new Project William sites this week — the scheme under which it partners a local brewer.

Capital Pub Company continues acquisitions drive

Fri, 08 Apr 2011 08:54:00 GMT

Capital Pub Company has agreed to acquire the Rye in Peckham for £1.37m — it will become its 34th pub.

Wetherspoon to turn cinema into pub

Mon, 04 Apr 2011 07:09:00 GMT

JD Wetherspoon is taking on another unusual venue in the form of an historic grade-II listed cinema in Northumberland.

Thousands of pubs set for rates boost

Thu, 31 Mar 2011 11:37:00 GMT

Thousands of pubs will pay no business rates for another year — or will see rate relief double, from October.

The Times: Young's puts 30 pubs up for sale

Thu, 31 Mar 2011 08:07:00 GMT

London based pub operator and brewer Young's has placed 30 of its 99 tenanted pubs on the market, according to The Times.

Eclectic to open Lola Lo in Oxford and Cambridge

Wed, 30 Mar 2011 08:10:00 GMT

Eclectic Clubs & Bars is to spend £850,000 opening two Polynesian-influenced Lola Lo nightclubs in Oxford and Cambridge.