The UK’s largest owner and operator of pubs Ei Group has announced that it has entered agreement with Tavern Propco Limited in relation to 370 properties comprising public houses and other commercial properties for expected gross aggregate cash consideration of £348 million, subject to Shareholder approval. Tavern Propco is a newly incorporated private company, which is … [Read more...]
Brand new look for Washington Bar following six figure investment
RIVER Bar in Washington has benefitted from a makeover following a £250,000 investment from owners Cairn Group. New-look décor has created a contemporary feel from floor to ceiling. Rustic wooden panels, patterned wallpaper and bare brick adorn the walls, complemented by statement lighting. Plus, cushioned booths and high tables with leather chairs have been fitted … [Read more...]
ETM reports record Christmas trading
The 14-strong bar and restaurant group, ETM, reports its best ever Christmas with overall revenue up 16% and like-for-like sales rising to 13.1% for the five weeks up to 31 December. One of the biggest growth areas was in pre-booked event sales which saw an uplift of 13.3%. Ed Martin, CEO and joint founder of ETM comments: “We are delighted with the group’s performance over … [Read more...]
A Very Happy Christmas enjoyed by Arc Inspirations
Arc Inspirations, the fast-growing bar operator of leading brands including Manahatta, Banyan Bar & Kitchen and The Box, has reported a record festive trading period. The company, which currently operates 18 bars across the north of England, enjoyed 6.5% like-for-like sales growth over the festive season (1 December to 1 January). In the final two weeks of the period, … [Read more...]
New opening signals Star Pubs & Bars investing across the South West in 2019
Publicans Kate Hayden and Paul Warriner have agreed a joint £500,000 investment with Star Pubs & Bars in reopening The Hare Pub at West Hendred, Oxfordshire. The pub is planned to reopen in March after a four-year closure. The Hare is the only pub in West Hendred, and Hayden and Warriner, who also run The Snow Goose at Farnborough, want to revive it as a great … [Read more...]