A family based in Dartford, Kent, is poised to open their third pub in the town following more than a quarter of a million-pound investment from Heineken’s pub arm, Star Pubs & Bars. While the pub’s owners announced their intention to close "until further notice" following the blaze, a post on the Thirsty Bear’s Facebook page on 4 October apologised for being “a tad on the quiet side” and announced plans to reopen the venue on 17 October. Inside the fascinating life of The Bachelorette's runaway suitor AB Sow: How the reality star relocated to Australia from West Africa at age 14... 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Greene King pubs will allegedly "shut for good" amid fallout from the coronavirus pandemic. “Previously run under management, there is significant potential for John to firmly establish the business,” Tony Spence, the licensed negotiator at Christie & Co who handled the transaction, explained. dataLayerNews.related_tags = sanitize_gpt_value2("Greene king, Pub, Closure, Redundancy, Curfew, Coronavirus"); Property law. More than two thirds (69%) of hospitality and leisure operators are having to weigh up insolvency or a restructure in light of unaffordable current rent levels, new research has found.​. Free newsletter Last month it was reported that Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020 , with its pub business worst hit by the Coronavirus. for (var i=0; i < aTags.length; i++) }); As first reported by Sky​​ News​​​​,the pubco started a consultation with 800 employees about a redundancy process earlier today (7 October). Punch’s senior operations manager Jannine Leadbetter added: "This is an exciting investment by Punch in a vibrant community pub and we are extremely pleased with the new look created here. An investment group backed by Hong Kong billionaire Li Ka-shing agreed to buy UK brewer and pub operator Greene King Plc for £2.7 billion (€2.95 billion). Quick Take: Top 10 Data Trends That Matter For Hospitality, Align reopening plans with customer expectations, How the hospitality industry can win back customers after COVID-19, A Step by Step guide to higher Revenue & Margins, How to reopen safely with mobile ordering, The Future Of The Electronic Point of Sale (ePOS), Download Velocity’s Little Black Book of Loyalty, Sign up to our free newsletter and get the latest news sent direct to your inbox, Greene King’s revenues were down 13.4% to £1.9bn in the full year to 26 April 2020, would have to lay off 'at least' 10% of its 5,000-strong workforce. Sorry, we are not accepting comments on this article. “Around one-third will be closed permanently and we hope to be able to reopen the others in the future. There are 7 greeneking.co.uk coupons available in October 2020. Greene king, Pub, Closure, Redundancy, Curfew, Coronavirus Subscribe, By Stuart Stone Kvitova through to French Open semi-finals, close all pubs and restaurants across central Scotland. Copyright - Unless otherwise stated all contents of this web site are © 2020 - William Reed Business Media Ltd - All Rights Reserved - Full details for the use of materials on this site can be found in the Terms & Conditions, Related topics: function sanitize_gpt_value2(gptValue) Greene King has revealed the full list of 16 pubs to be sold to address competition issues over its acquisition of Spirit Pub Company. if(i!=(aTags.length-1)) The Suffolk-based business was founded in 1799 by Benjamin Greene who went on to own sugar plantations in the West Indies where he was a slave owner. “They've got brilliant local knowledge and understand what residents want. The traditional detached property has recently been refurbished and features a 42-cover restaurant and public bar alongside a handful of en-suite letting rooms, a beer garden and a private car park with space for 20 vehicles. The 10pm closing time remains in place in England and Prime Minister Boris Johnson has been challenged to publish the scientific evidence behind that. Vatican used charity funds to bet on Hertz credit derivatives, No ability to work from home a deal-breaker for a third of office staff, Updated green list will not include any EU countries, Ryanair executive claims, Davy sees faster-than-expected recovery in property market, Munich Re Automation Solutions to create 60 roles with €16m investment. vOut += aTags[i].trim().replace(reg, '-').substring(0,40); Labour leader Sir Keir Starmer said the public “deserved to know” the basis for the restriction and if it could not be justified the rule must be reviewed. London’s Thirsty Bear, a finalist in the 2017 Great British Pub Awards’ Best for Sport category, will reopen on Saturday 17 October​ after fire forced it to close in July. var vOut=""; The opening was initially scheduled for the May Bank Holiday but was delayed by disruption to the building work caused by lockdown. Coronavirus disease 2019 (COVID-19) is a respiratory illness that can spread from person to person. The British company’s shares surged on Monday to as much as 865.8 pence. dataLayerNews = {}; The incident came less than three weeks after the pub reopened on 4 July, following 105 days of enforced closure due to coronavirus after Prime Minister Boris Johnson called last orders in pubs on 20 March. The pub confirmed tables would be spaced out in line with government regulations and said customers would have to pay using a new Order and Pay app. { People from all walks of life are successfully running pubs. It wants to close 79 pubs and restaurants and are understood to believe one-third of them will be permanent. You can also get in touch in the following ways: Copyright © 2020. Greene King Inns offers a great choice of over 100 historic inns and hotels across the UK, from Aberdeen to the Isle of Wight. vOut = vOut.toLowerCase(); Private equity firm TDR Capital – whose pubs include the Slug and Lettuce, Yates, and Walkabout chains – in July agreed to buy the UK’s EI Group Plc for about £1.3 billion. Dugald Macer, Star Pubs & Bars’ operations director for Kent, added: “Nicola and her family have a great track record of creating outstanding pubs in Dartford. "Around one-third will be closed permanently and we hope to be able to reopen the others in the future. Photograph: PA. An investment group backed by Hong Kong billionaire Li Ka-shing agreed to buy UK brewer and pub operator Greene King Plc for £2.7 billion (€2.95 billion). 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In addition you’ll have 24/7 access to our online support tool, providing online ordering, access to award-winning training for you and your team, marketing support and other key information to help you. - Last updated on “It’s a beautiful building with bags of character but was in need of TLC and investment to give customers the comfort and quality they deserve. “As company we have brokered the sales of more than 100 hospitality businesses nationwide since 1 April and expect to agree many more deals in the coming months.”. The operator had previously explored a possible sale and disposed of a number of individual Loch Fyne sites the past 18 months. Can we beat Covid-19 without wrecking the economy? “This obviously isn’t business as usual. “The Holly Hill is a great example of a country pub with multiple income streams which have helped it to bounce back brilliantly since reopening after lockdown,” David Cash, associate director of specialist property adviser Christie & Co who handled the sale, explained. Arc Inspirations, ​which operates 17 bars across the north of England under concepts including Banyan Bar & Kitchen and Box, is poised make its Birmingham bow with the opening of a site under its Manahatta brand. A spokeswoman for Greene King said: “The continued tightening of the trading restrictions for pubs, which may last another six months, along with the changes to government support was always going to make it a challenge to reopen some of our pubs. Business. “I’ve worked with my parents since I was a teenager. “We’re seeing more company voluntary arrangements (CVAs), many of them unnecessary, because there is currently no mechanism for commercial rents to be revised down in the rent review process,” he continued. Many people want to start a pub business. “We urgently need the Government to step in and provide tailored support to help the sector get through to the spring and prevent further pub closures and job losses.”. In a statement, a spokesperson for Greene King said: "The continued tightening of the trading restrictions for pubs, which may last another six months, along with the changes to government support was always going to make it a challenge to reopen some of our pubs. The business also said customers would be provided with one-time-use menus that could be disposed of in a sustainable way at the pub and cutlery would be wrapped. function sanitize_gpt_value2(gptValue) Save up to 15% OFF with these current greene king coupon code, free greeneking.co.uk promo code and other discount voucher. Greene King is the country’s leading pub retailer and brewer, running over 2,700 pubs, restaurants and hotels in towns, villages and city-centre high streets across England, Wales and Scotland. The venue - which is passed by thousands of motorists every day - had been operating as a Greene King pub since 2006. vOut += aTags[i].trim().replace(reg, '-').substring(0,40); } return vOut; The Leeds-based multiple operator has secured the former Anarchy 45 Gym site at 10-12 Temple Street for a New York-themed cocktail bar to join the other half dozen Manahatta sites in Arc Inspirations’ growing stable.