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Property round-up: Big Drop, NWTC, Whitbread, Purity and Prospect Pubs & Bars morningadvertiser.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningadvertiser.co.uk Daily Mail and Mail on Sunday newspapers.
Prospect Pubs & Bars takes on The Royal Oak in Marlow bighospitality.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bighospitality.co.uk Daily Mail and Mail on Sunday newspapers.
London-based operator Young & Co s Brewery has appointed Savills to handle the potential sale of its tenanted pub business. The tenanted arm of Young’s, known as the Ram Pub Company, comprises just over 50 pubs, and accounts for 5% of total revenue. Its managed pubs division comprises in the region of 200 sites. The pub company made the statement to the London Stock Exchange following a report by Sky News explaining that it had appointed the property agent about the potential sale of its tenanted estate. “The Company confirms that Savills has been appointed and that it is in discussions regarding a possible sale,” it said. ....
A grandmother who claims she broke her leg when she slipped on spilled champagne ice and birthday cake in a gastropub is suing for £200,000. Anne Andlaw, 69, claims she slipped in a puddle of ice from champagne cooling buckets and greasy foodstuffs at the Cherry Tree in Dulwich while at a friend s birthday party in October 2016. The pensioner spent weeks in hospital and rehabilitation after the fall left her with a broken leg and fractured knee cap. Now classed as disabled following the incident, she needs extra support with her domestic and social life. Lawyers for Redcomb Pubs & Bars Ltd who managed the pub at the time, deny blame and say she was intoxicated at this time. The pub has since changed hands, and is now under the management of Young s. ....
Northern pubco the Inn Collection Group has added a 21 st site to its portfolio in the form of art deco site the Park Hotel at North Tyneside’s Longsands beach. The growing pub group – which boasts sites in Northumberland, County Durham, Teesside, Yorkshire, Cumbria, Lancashire and Wearside – completed on the 53-bedroom venue in an undisclosed deal. “We are absolutely delighted to be welcoming the Park into our pubs with rooms family,” managing director of the Inn Collection Group Sean Donkin said. “With its location alongside one of the UK’s most popular beaches and proximity to Newcastle-upon-Tyne, it’s a great fit with our brand, offering customers stunning places to eat, drink, sleep and explore from in outstanding locations across Northern England. ....