InnBrighton Continues Expansion into London
July 16, 2012
InnBrighton, the Brighton & Hove-based licensed multiple retailer has secured a third site in the capital in a deal brokered by Davis Coffer Lyons’ Pubs team.
The 50-strong company has taken a lease with a private landlord on the Clarendon in Newington Green, Islington. A fourth site is expected soon, according to the M&C Report.
InnBrighton chief executive Gavin George said: This is a very exciting opportunity for us, in a fascinating part of London. The building is beautiful and is located in a village with a vibrant history of non-conformism and radical thinking. The perfect setting for an IB pub.
Davis Coffer Lyons associate director Chris Bickle said: This is the third pub deal we have brokered with InnBrighton as the purchasing party, after they secured sites in Hackney and Dulwich. The Clarendon offers InnBrighton a firm foothold in the North London market.
InnBrighton also acquired the Crystal Palace Tavern in East Dulwich earlier this year, which the company re-launched as the Great Exhibition, and the Britannia in Victoria Park, which was acquired last year. Both deals were secured through Davis Coffer Lyons.
In January George told M&C Report that InnBrighton aimed to build up an estate of 25 pubs in London.
Company chairman Gary Pettet said: We are building up a pipeline of sites to acquire in areas of London where we believe pubs with our type of attitude will be well received. After refurbishing and repositioning the Clarendon, we expect to follow with a fourth in the near future.