Property Law

Barracuda: 22 pubs up for sale

Barracuda to sell 22 pubs

By The PMA Team

Barracuda Group, the operator of 217 managed pubs, has earmarked 22 non-core pubs, for disposal. The company says the sites — 9 freehold and 13...

Pub rents: new guidance out soon

Pub tenants 'set for better rent deals'

By John Harrington

Pub tenants could expect a better deal at rent review under new draft guidance for surveyors, it has been claimed. Long-awaited draft guidance from the Royal Institution of Chartered Surveyors offers some hope to tenants.

HEB auction: eight pubs sold

Eight pubs sold at HEB auction

By John Harrington

Eight pubs have been sold on or before a Nottingham auction organised by property agent HEB for £1.1m in total. The three pubs sold on the day...

Charles Wells: applications up

Lessee applications up at Charles Wells

By Natasha Devan

Applications to run Charles Wells pubs have risen by 66% since last October, says the Bedfordshire-based tenanted operator. A total of 42 licensees...

Under the hammer: pubs for sale

Pub auctions bonanza looms

By Graham Ridout

A series of auctions will be held over the coming months as pubcos strive to offload bottom-end pubs. Nottingham-based property consultant HEB is...

Is the money set to flow in the pub sector again?

Equity funds 'will pounce on pubcos'

By Graham Ridout

A leading financial adviser is predicting a flurry of acquisitions or mergers in the wake of TDR Capital buying 333 pubs from Mitchells &...

Cargo: one of Faucet's venues in Southampton

Faucet Inn to buy six M&B pubs

By The PMA Team

Faucet Inn Limited, the London and south-east multiple headed by Steve Cox, is set to to buy six pubs from Mitchells & Butlers (M&B) for an...

Charity: long leases need a good strategy

The slow death of the long lease

By The PMA Team

Tenants signing up to long leases need to have a very strong business strategy to survive the full term, says The PMA Team.

Tenants are able to negotiate rent free periods at some sites

Lease length drops to record low

By Ewan Turney

The average length of a lease has fallen to its lowest recorded level with 97% of small businesses having a lease less than 10 years long.  The...

Ramsay: looking to off-load pub

Gordon Ramsay to sell The Warrington

By Martyn Leek, M&C Report

The Warrington, a flagship former Victorian hotel and pub operated by Gordon Ramsay Holdings (GRH), is being marketed for sale.

Evans: down to one pub

Chris Evans to close Sussex pub

By Ewan Turney

Radio 2 presenter Chris Evans is to sell another of his pubs — after closing the Lickfold in Petworth, West Sussex. The multi-millionaire blamed...

White Horse: Foundation is selling the site

Foundation looks to off-load White Horse

By Ewan Turney

Multiple operator Foundation Inns is selling the freehold of the White Horse in Chelmsford, Essex for around £395,000. Foundation, run by Gavin...

JD Wetherspoon: set to open at Queen Street station

Wetherspoon set to open 11th Glasgow pub

By Lesley Foottit

JD Wetherspoon is set to open its 11th pub in Glasgow after securing a site at Queen Street station. The managed pub operator is planning to invest...

M&B sells 333 pubs to TDR Capital

M&B sells 333 pubs to TDR Capital

By The PMA Team

Mitchells & Butlers (M&B) has sold 333 wet-led pubs to TDR Capital for £373m — in line with M&B's strategy to withdraw from drinks-led market.

Baer: two new pubs for Amber Taverns

New pubs for Amber Taverns

By Gemma McKenna

Northern managed operator Amber Taverns, headed by former Honeycombe Leisure directors, has acquired two pubs in the past month.

Sanders: first boutique hotel opening

UCL expands into small hotel market

By The PMA Team

Urban & Country Leisure has unveiled plans to expand into the small hotel market with the launch of its first boutique-style hotel.

Thurlby: new site

2nd opening this year for Thurlby

By The PMA Team

Highly-rated Lincolnshire multi-site operator Michael Thurlby will open his second pub of the year next month. He will reopen a former Enterprise...

Black Lion: up for sale again

Black Lion Hotel is on the market

By The PMA Team

The iconic Black Lion Hotel in Cardigan, Ceredigion, Mid Wales, has been put up for sale just over a year after it was taken over. The former...

Oliver: 14 Jamie's Italian outlets

Jamie Oliver buys St Albans pub

By Mark Stretton, M&C Report

Jamie's Italian, the fast-growing restaurant chain spearheaded by Jamie Oliver, is thought to have secured a site in St Albans, Hertfordshire, after...

JD Wetherspoon: two more pubs opening

Wetherspoon opens two pubs in Nottingham

By The PMA Team

JD Wetherspoon has opened two new pubs in Nottingham — the city where founder Tim Martin studied law.  The company has spent £1.8m on...

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Property of the week

Trust Nightclub - Friars Gate, Warrington

£ 150,000 - To Let

Friars Gate, WarringtonLocated in the Heart of the Town Centre Nightclub Circuit6AM Licence on Friday & SaturdayClose Proximity to UniversitySeparate Floors AvailablePotential to Split Subject...

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