Our dedicated licensed leisure property team focuses on acquisitions and disposals as well as advising on mergers and acquisitions and investments.
DCL has completed the leasehold sale of The Albert public house in Primrose Hill to Sam Moss and Michael Brothwell – the duo who founded Leeds Brewery in 2007.
• Restaurants recovering slower than pubs
• London suffering more than rest of Britain
• Delivery’s share of sales up
Sales across the market saw an improvement on previous weeks although they remain significantly below pre-COVID norms
Managed pub, bar and restaurant operators are still trading well below pre-COVID norms, but are seeing a steady improvement in sales as more sites reopen across the country.
The potential for chameleon businesses to emerge incorporating conventional retail as well as restaurant, hospitality and other services from the same premises is revolutionary.
Managed pub, bar and restaurant groups with businesses open in England have reported improving sales in the second week after shut-down was lifted as more sites also reopened, according to latest Coffer Peach Business Tracker data.
Managed pub, bar and restaurant groups that had sites open in England in the first week after shut-down was lifted have reported collective like-for-like sales 39.8% down on the same week last year, according to latest Coffer Peach Business Tracker data.
Managed pub, bar and restaurant companies that opened sites in England last weekend have reported like-for-like trading 44.5% down on the corresponding weekend last year, according to latest Coffer Peach Business Tracker data.
Way back at the beginning of lockdown I wrote my last opinion piece. It seems like an age ago. The concept of social distancing hadn’t been invented and now seems to be something we are going to have to get used to for many months and maybe years as progress on a vaccine appears much […]