Admiral Taverns
Coverage tracks the strategy, estate developments, and licensee support initiatives of one of the UK’s leading tenanted and leased pub companies. Reporting includes acquisitions of community-focused pubs, investment in estate refurbishment, licensee recruitment, and integration of pubs from recent deals such as those with Hawthorn and Heineken. Insight is tailored for suppliers, landlords, and pub sector professionals monitoring regional pub growth, tenanted business models, and operational trends across suburban and rural locations.
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Jun- 2024 -13 JuneBreweries and Distilleries
Fuller’s FY profits soar 61% to £20.5m
Fuller’s has today (13 June) announced a 61% increase in profit before tax to £20.5m for the 53-week period ended 30 march. It comes as sales at the brewing company rose by 7% to £359.1m, while EBITDA reached £60.8m. Like-for-like sales were up 11%, with Fuller’s announcing “strong” sales and…
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May- 2024 -29 MayNews
Today’s news in brief – 29/05/24
Revolution Bars has rejected Nightcap’s “highly conditional” non-binding proposal yesterday (28 May), which required Revolution to proceed with the restructuring plan but not the existing fundraising of £12.5m. Following legal advice, Revolution’s board also concluded that the Nightcap proposal was “incapable of being delivered”, as a number of challenges had…
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29 MayNews
Admiral Taverns acquires 37 pubs from Fuller’s
Admiral Taverns has announced that it has reached an agreement to acquire a portfolio of 37 freehold pubs from Fuller’s for a total consideration of £18.3m. The portfolio of 37 community, wet-led sites spans London and the Home Counties including Surrey, Sussex and Hampshire. The group said the acquisition not…
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Mar- 2024 -1 MarchNews
Today’s news in brief – 01/03/24
Neapolitan pizza parlour, Motherdough, opened its first restaurant at London Dock, Wapping. Following on from his most recent success of independent brunch café BOBO & WILD – with locations in Shoreditch Park, Clapham Common and South Woodford – Motherdough’s creator Farkhod Najmetdinov is well-versed in creating fresh and exciting F&B…
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1 MarchPubs and Bars
Admiral Taverns reopens Glasgow pub after £340k refurb
Admiral Taverns has reopened The Brockburn, formerly The Pollock pub, in Glasgow following a £340,000 refurbishment. The pub has been completely redecorated with an updated bar and lounge area to create a “warm and inviting atmosphere”. Outside, the pub has been given a “vibrant and modern look”, including brand new…
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Feb- 2024 -1 FebruaryNews
Proper Pubs launches first mid-market pub concept
Proper Pubs, the community operator division of Admiral Taverns, has launched its very first mid-market pub concept with Ashby Tavern in Hinckley opening on Thursday 22nd February, following a £265,000 refurbishment. Proper Pubs has traditionally focussed on value wet-led sites, and whilst the new mid-market concept promises to maintain great…
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Jan- 2024 -31 JanuaryNews
Today’s news in brief – 31/01/24
Incipio Group revenues hit £26.4m after a “record” December trading period. The company, which operates hospitality venues including The Libertine and The Prince, also reported an increase of 38% in guest visits compared with the previous year. Admiral Taverns has invested over £27m to improve its community pubs in 2023.…
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31 JanuaryPubs and Bars
Admiral Taverns invests over £27m into community pubs
Admiral Taverns has announced that it invested over £27m to improve its community pubs in 2023. The group, which owns approximately 1,500 pubs across England, Scotland and Wales, has invested the funds into over 300 pubs across both its leased and tenanted estate and its community wet-led division, Proper Pubs.…
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Dec- 2023 -13 DecemberNews
Today’s news in brief – 13/12/23
November saw a 4% year-on-year rise in sales for leading hospitality groups, the CGA RSM hospitality business tracker revealed, which has extended a 14-month streak of like-for-like sales increases. While pubs surged 5% and restaurants hit 4.9% growth, bars saw a 6.9% decline. Notably, London’s total sales growth of 3.5%…
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13 DecemberPubs and Bars
Proper Pubs opens 200th pub in Glasgow
Proper Pubs, the community wet-led operator division of Admiral Taverns, has opened its 200th pub, the Chrystal Bell, in Gallowgate, Glasgow, ahead of Christmas. The news of the group’s 200th opening comes after Proper Pubs invested over £10m into its estate to support local communities, with 17 pubs having opened…
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