At this challenging time we appreciate that owners and operators need information in order to understand their options. Fleurets remain available by email and telephone, and continue to provide all our usual advisory and transactional services, as we work together to support your business’s needs.
This week in Newswire: Marston's and Carlsberg UK form joint venture business, Greene King reduce rents by 90% for ALL tied pubs, Whitbread launches £1bn rights issue, some pubs with outside space could reopen in July, Whitbread reports full year numbers to end-February, Boparan Restaurant Group (BRG) buys 30 Carluccio's sites, cure is becoming worse than the disease, "meanwhile sites" being considered as short term measure, the WHO one meter rule could save pubs, The Daily Mail says pubs, bars & cafes could reopen in June and finally Beer Day Britain 2020 to go ahead as virtual event.Continue reading 27 May 2020 Newswire Topics: Finance , Hotels & Guest Houses , Pubs & Bars , Rental , Restaurants
This week in Newswire: Blackrose accelerates expansion plans, UKHospitality demands government action on rent to protect jobs, TRG to buy back five Food & Fuel sites, multimillion-pound support package for Ei publicans, Amazon's investment in Deliveroo, administrators appointed to the Coal Exchange hotel in Cardiff, coronavirus Job Retention Scheme extended, re-openings and finally Phil Vickery has launched a food offering called No.3.Continue reading 19 May 2020 Newswire Topics: Finance , Hotels & Guest Houses , Pubs & Bars , Rental , Restaurants
This week in Newswire:The Prime Minister's statement, 40% of pubs won't survive beyond September without more government support, Hall & Woodhouse extends business partners' rent cancellation period, Prezzo appoints FRP Advisory, Byron & Azzurri appoints KPMG and finally businesses announcing the re-opening of units for delivery and takeaway gather pace.Continue reading 12 May 2020 Newswire Topics: Agency , Finance , Pubs & Bars , Rental , Restaurants
This week in Newswire: Vapiano appoints advisors, wave of insolvent pubs expected with continued lock down, missed opportunity on beer duty, Government guarantee loans, 16 Hospitality enter Administration, Pubco and Brewers support their tenants, reopening units and finally Fleurets sell The Anchor in Sidlesham, West Sussex for continued pub use.
This week in Newswire: KPMG comments on the impact of coronavirus, re-openings, Travelodge, sector leaders sign letter to the Chancellor, Marstons has the funds, Greene King are to hold one to one discussions with tied tenants, government announces plans to help large businesses and finally almost 50% of Wimpeys' is now operating home delivery or takeaway services.Continue reading 28 April 2020 Newswire Topics: Hotels & Guest Houses , London , Pubs & Bars , Restaurants
This week in Newswire: City Pub Group has cut its net debt by two-thirds, Le Pain Quotidien UK has been placed on the market, potential for hospitality bloodbath, Revolution increases credit facility to £30m, #NationalTimeOut gains momentum, operators open up for delivery and finally with changes in legislation affecting the licensed trade it is hard to keep track, luckily Poppleston Allen have prepared a summary of the key points.
Continue reading 21 April 2020 Newswire Topics: Finance , Pubs & Bars , Rental , Restaurants
This week in Newswire: TRG share placing, Everyman cinema undertakes share placing, Mitchells & Butlers waiver of finance breach, EI Group extend rent suspension and provide further Tenant support, guide to reclaim cost and duty on unsold beer, Hix Restaurant portfolio for sale via Administrators and finally UK Hospitality say 12,000 pubs could close.Continue reading 15 April 2020 Newswire Topics: Bristol , Finance , Leisure & Nightclubs , London , Pubs & Bars , Restaurants
This week in Newswire: The Ritz changes hands, Benito's Hat placed in administration, Hix, National Living Wage increase goes ahead and finally a major new snow, retail and leisure development proposed for Middlehaven Dock in Teeside has been granted planning consent.Continue reading 07 April 2020 Newswire Topics: Agency , Development & Alternative Use , Hotels & Guest Houses , London , Pubs & Bars , Restaurants
This week in Newswire: Government orders closure of pubs and restaurants, City Pub Co raises £15m, Food & Fuel and Chiquito enters administration, Carluccio's collapses, community good news stories and finally Nick Earee, Divisional Director at Fleurets, has exchanged contracts on two closed pubs.Continue reading 31 March 2020 Newswire Topics: Investments , Pubs & Bars , Restaurants
This week in Newswire: Government orders closure of pubs and restaurants, operators turn to takeaway, Brewdog supports sanitiser supplies, Inn Collection Group grows to 14 sites, Inda Pubs takes on Wilton Arms, Belgravia and finally the whole of the Fleurets team remain available to all our clients and contacts as we work remotely.