Pubs and Bars
The latest news and updates on pubs and bars, from the business journalists at Catering Today. We bring you the latest on what’s happening in the restaurants, bars and catering industry, with exclusive stories, analysis, best practice and industry comment.
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Jun- 2021 -17 June
Brewmish takes on two Star Pubs & Bars sites
Star Pubs and Bars has revealed that Brewmish Pub Company has taken on two of the group’s Oxfordshire sites. Led by Chris Brewster, the former licensee of Dedington’s the Unicorn, Brewmish will now operate both The Duke of Marlborough and The King’s Head. Set to undergo a £350,000 joint refurbishment,…
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16 June
CBRE to sell eight Marston’s pubs for £21.6m
Real estate advisor, CBRE, has announced that it has been appointed by Aviva Investors to sell a portfolio of eight recently constructed, freehold Marston’s pubs for a guide price of £21.6m. The leases on the newly built pubs reportedly expire in 2055 and have RPI annual kickers. Additionally, the future…
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10 June
Drake and Morgan secures CVA approval
Drake and Morgan, the restaurant and bar group, has confirmed that it has secured approval to enter a company voluntary arrangement (CVA). The CVA proposal was finalised as 90% of creditors who voted approved the motion at a meeting on 2 June. Through the decision, which follows a strategic review…
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8 June
Nightcap revenues surge 92% following indoor reopening
Bar group Nightcap saw unaudited group revenues for the three weeks from 17 March to 6 June grow 92% when compared to 2019 levels. While the firm was only trading with 16 of its 19 bars at that time in 2019, like-for-like sales still increased 53% for the same period.…
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8 June
Continued restrictions ‘crushing’ future of UK pubs, says BII
The majority of UK pub owners believe the country’s continued social distancing restrictions are “crushing” the future of their businesses, according to a recent survey conducted by the British Institute of Innkeeping (BII). With current trading restrictions, 74% of publicans are trading at less than 75% compared to 2019 figures,…
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4 June
Hawthorn sales reach 98% of pre-pandemic levels
Hawthorn, the community pub company, has revealed that like-for-like sales since 12 April at its leased and tenanted estate are at 98% compared to the same period in 2019. As a part of its parent company, New River’s, full year results for the 12 months ended 31 March 2021, the…
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3 June
Hospitality facing widespread staff shortages, survey finds
Nine in 10 hospitality business leaders expect to face staff shortages this year as restrictions continue to ease, according to the latest Business Confidence Survey from CGA and Fourth. Half (51%) of respondents anticipate shortages in all roles, while 39% are only concerned about back of house roles. According to…
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2 June
Igniting Hospitality launches The Victoria
Newly formed Igniting Hospitality has announced the launch of its first pub, The Victoria, Oxshott, with chef Matt Larcombe at the helm. The pub will offer a dining experience and menu which takes a traditional pub format, with the option for sharing dishes amongst the table. An “interesting addition” within…
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1 June
Quarter of licensed premises yet to reopen, report finds
One in four (23.7%) restaurants, pubs, bars and other licensed premises across Britain are yet to reopen despite the return of inside service, according to the latest Market Recovery Monitor research from CGA and AlixPartners reveals. Just under 25,000 venues still remain shut, and trading numbers are currently 76.6% in…
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1 June
Lancashire Pub operators open second site with Star Bar and Pubs
North West pub operators, Chis and Jon Nevin, have taken on their second pub with Star Pubs and Bars in 16 months, The Bay Horse in Worsthorne, Lancashire. They are undertaking a joint £500,000 refurbishment with the group to transform the pub, which has been closed for over 18 months. …
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