Wells & Co announces rent concession for its partners
Pub operator Wells & Co has announced a 10% rent concession for all its 130 leased and tenanted sites across the UK.
Pub operator Wells & Co has announced a 10% rent concession for all its 130 leased and tenanted sites across the UK.
Rum, Tequila and vodka are expected to be among the more popular drinks for 2022, while wine, gin and whisky are among those suspected to take a dip in popularity this coming year, according to the latest CGA On Premise Measurement Service.
There were 10,650 more food and drink businesses across the hospitality sector in 2021 than in March 2019 and 3,650 more when compared with March 2020, according to data from the Office for National Statistics (ONS) official UK Business Count.
The Government’s Valuation Office Agency (VOA) is issuing and “aggressively pursuing” fines for late Valuation Forms of Return, according to real estate property agent Colliers business rates team.
Average drinks sales by value in Britain’s managed pubs, bars and restaurants in the week to Saturday 15 January were 12% down when compared to the same week in 2020, according to the latest CGA Drinks Recovery Tracker.
London-based bar operator Inception Group is set to open a Mr Fogg’s site in Mayfair at the former Balls Brothers site.
In the five weeks of Christmas and New Year, Peach Pubs was up 3.1% on 2019 with like-for-like sales compared to 2019 increasing by 21% in the six months to 2 January, 26% over the summer, 10% in autumn and 3% at Christmas.
Scotland’s First Minister Nicola Sturgeon said restrictions that have hit hospitality hard during the pandemic had been “worth it” as nightclubs and large indoor events were permitted to resume from Monday 24 January.
Estrella Damm Top 50 Gastropubs
Suffolk-based the Unruly Pig has been crowned number one on this year’s Estrella Damm Top 50 Gastropubs list.