Savills
Coverage highlights property transactions, site acquisitions and investment trends across restaurants, pubs, hotels and leisure, with updates on market analysis, consultancy projects and operator partnerships. Editorial also explores staffing and leadership insights within the advisory firm, giving UK hospitality professionals context on how one of the sector’s leading property agents influences expansion strategies and development opportunities.
-
May- 2024 -2 MayRestaurants
Rarebreed Dining appoints Savills on strategic business and real estate review
Rarebreed Dining has appointed international real estate advisor Savills to assist with a strategic review of the business and its property assets as it gears up to consider options. The steak focussed pub company currently operates from The Plough Inn, Cobham (leasehold), The Shurlock Inn, Twyford (freehold) and The Waverley…
Read More » -
Feb- 2024 -2 FebruaryRestaurants
Carmel to launch new site in London’s Fitzrovia
Mediterranean restaurant and bar Carmel has signed a 15-year lease for 7-8 Market Place, Fitzrovia, which marks its second site in London following the success of Carmel in Queen’s Park. The group also operates Berber and Q in East London and Shawarma Bar in Exmouth Market. The new 95-seater restaurant…
Read More » -
Sep- 2023 -22 SeptemberNews
Today’s news in brief – 22/09/23
Comptoir Libanais reported revenues of £14.8m for the six months ending 2 July, a 2.1% increase. However, adjusted EBITDA profits were down 73.7% from 2022 levels to £1m due to challenges in the trading environment. Like-for-like sales increased by 6%, with dine-in sales growing by 8.1%. Delivery sales declined in…
Read More » -
22 SeptemberPubs and Bars
JD Wetherspoon puts new pubs up for sale
JD Wetherspoon has confirmed that it has put a further 11 pubs across England and Wales up for sale. CBRE and Savills have both been appointed to oversee the sales of the pubs which are mainly freehold properties with one leasehold property. The company has confirmed that all the pubs…
Read More » -
May- 2023 -25 MayNews
14 free of tie public house investments brought to market
Savills, on behalf of a private client, has launched the sale of 14 freehold public houses across the UK. The properties are located throughout England across popular locations such as London, Bristol, York, Sheffield and Tunbridge Wells and are being offered for sale individually or in small packages. The pubs…
Read More » -
15 MayNews
Pub Punch Q2 revenues hit £158m
Punch Pubs has recently reported revenues of £158.1m for the 28 weeks ended February 2023, compared to £142.6m for the same period last year. Earnings before taxes for the group were £37.5m, slightly less than the £38.6m reported the previous year. Punch Pubs has said that last year’s results benefited…
Read More » -
Feb- 2023 -10 FebruaryRestaurants
Churches Mansion freehold brought to market for £1.85m
On behalf of a private client, Savills has brought restaurant Churches Mansion’s freehold to market for a guide price of £1.85m to be sold as a going concern. The restaurant, which is located in Nantwich, Cheshire, is a Grade I-listed detached, two storey Tudor building dating back to 1577. Churches…
Read More » -
Dec- 2022 -22 DecemberPubs and Bars
JD Wetherspoon lists 32 pubs for sale
JD Wetherspoon has put 32 pubs across England on the market, with CBRE and Savills appointed to market the pubs. The group, which operates around 800 pubs in the UK and Ireland, said it was a “commercial decision” with more than half located in London and the south-east. The sites…
Read More » -
Jul- 2022 -15 JulyRestaurants
Turquaz set to open on Jewry Street in Winchester
Authentic Turkish restaurant chain, Turquoise Group, is set to open its 15th Turquaz restaurant on 18 Jewry Street in Winchester. The opening date is currently set for early September 2022. It is reported that a new 15-year lease has been agreed on the Grade II-listed city centre property, which comprises…
Read More » -
5 JulyRestaurants
Coaching Inn Group acquires Forest Park Hotel and restaurant
The Coaching Inn Group, a subsidiary of RedCat Pub Company, has revealed it has completed the acquisition of Forest Park Hotel, Brockenhurst for an undisclosed sum. The Country Hotel and Inn is located in the heart of the New Forest, on the edge of the village of Brockenhurst with 40…
Read More »
