Turnover at the Heavitree Brewery pub group rose £315,000 to £7,614,000 in the year to October 31, 2018, however operating profit dropped by £146,000 to £1,632,000, despite the selling off of four properties.
Pint Shop, in Oxford, is to close on Saturday, February 16. The group’s other sites, in Cambridge and Birmingham, will remain open.
The City Pub Company is to re-open the Turks Head pub is Exeter, which has been a Prezzo since 2005. The company — which also owns the Old Firehouse in the city — aims to have the venue open in late spring or summer.
Stonegate pubs reported like-for-like sales up 4.7% inte 53 weeks to September 30, 2018. Revenue was up 11% to £774.4m, with earnings before deductions at £114.9m.
A company that sells pool tables which accept contactless payment says t is experiencing great interest. Home Leisure Direct was most recently showing the table at the Pub 19 trade event where it was able to report that sales rose 52% over coin-only tables where the new units had been installed.
The Kings Arms, in Salcombe, Devon, will re-open on Saturday (February 9). The pub is being run by Peter and Christine Milton in partnership with Ei Group.
Nicholson’s Pubs are staging their annual whisky showcase, running until Sunday, February 24. Find out more here
Laine Pub Company is to relaunch its latest acquisition, Ninth Life, in Catford, London, on February 7. The venue was previously known as the Blackhorse and Harrow.
Young’s has purchased Redcomb Pubs, which has 15 venues, for £34m. Redcomb was created in 2010 from a single site.
Great British Bake Off winner Candice Brown has bought a pub, along with her family. She will re-open The Green Man, in Everholt, Bedfordshire, next month, as a gastropub.
Transport hub food and drink specialist SSP has submitted a plan to open its eighth Beer House, this time on Norwich railway station.
Young’s has appointed Daniel Quint as its interim chief financial officer, in the wake of Steve Robinson’s departure last month. The company said: “Daniel joins Young’s on an interim basis while the company’s board is progressing with the process to appoint a permanent chief financial officer. Daniel is not a member of the company’s board.”
Yorkshire’s Crooked Brewing is to open its first bar, in York. The venue will serve the brewery’s own beers as well as guest brews, and also feature gin, other spirits, and wine.
Pub company Frank & Bird, which operates the Brandling Villa, in South Gosforth, has taken on the Punch Bowl, in Jesmond, which will be run, like the first pub, as a dog0friendly venue. Features will include sawdust, Chesterfield sofas for pets, and a canine menu.
The Four Elms, Cardiff, has been named the first ever Parliamentary pub of the year. The pub was picked from a shortlist of 14 regional winners. Meanwhile, participants in a Parliamentary debate secured by St Albans MP, Anne Main, have called for meaningful reform of business rates to help pubs.
NewRiver says it is looking at sites for pubs within shopping centres it owns. NewRiver owns 671 pubs, which form 22% of its commercial property portfolio.
City Pub Company, chaired by Clive Watson — who previously sold the Capital Pub Company to Greene King — is targeting 75 sites by June 2021. Watson said: “Trading was very encouraging over the festive period and throughout 2018, particularly post-Easter. We have grown very rapidly over the last two years, performed well, and our new sites are showing their potential.”