javbank.com

Pub Co’s invest £5m in their Scottish pub estates

May 5th, 2016 | Posted in: News,People

Punch Taverns has announced plans to invest over £3m in its Scottish estate over the next 12 months while Star Pubs & Bars have pledged to spend £2m. The two pub companies, which between them are responsible for more than 300 pubs, are refurbishing and improving outside areas.
Punch’s Operations Director Scotland, Brian Davidson said, “Tourism and the economy in Scotland are particularly buoyant and we have seen a growing demand for good quality hotel accommodation coupled with traditional Scottish hospitality. Our hotels and pubs are all in prime locations and refurbishment schemes have been designed to make the most of the site’s heritage whilst celebrating locally sourced food and drink. From traditional wet-led sites to award winning gastro pubs, our Scottish estate has it all.”
Over recent months, Punch has invested £500k in developing the 16 bedroom Crown Hotel in Stornoway and £1m in the 24 bedroom Portree Hotel on the Isle of Skye.
During 2016, the company plans to further develop key hotel sites in the North, Central Belt and Borders along with a number of pub sites throughout Scotland.
Meanwhile Star Pubs & Bars is planning to spend, where possible, prior to the peak summer trading months and, in pubs with a reputation for sport, in time for Euro 2016. It has put aside nearly £500K to improving the outside of 19 of its pubs with The Hazeldene in Gretna Green one of the first to benefit. The pub has recently had a £220K refurbishment, and £40K of that was on the outside area. A 40 cover deck has been created with access to the main building through French doors and it also boasts a retractable canopy.
The development has helped to double the pub’s trading space, which will also allow the licensees, Paula Baillie and Kieran White, (pictured) to grow their function and wedding business.
Plans are in place for another 13 pubs to have their external areas redeveloped to increase their capacity and covers. A further six pubs will also be benefitting from new signage and external decorations to enhance their kerb appeal. Lawson Mountstevens, Star Pubs & Bars MD said, “These projects will meet customer demand for alfresco dining and boost pubs’ capacity for a relatively low spend. The outside of a pub is its shop window and if it looks great it will attract passing trade.”

The following two tabs change content below.

DRAM News Team

Editor at DRAM Magazine
DRAM magazine is Scotland’s leading monthly licensed trade magazine. It has been dedicated exclusively to the on-trade in Scotland for the past 23 years. It is independently owned, edited and published in Scotland. The DRAM is innovative, creative and original. First with the news, and the people in the news. Covering all the latest information on pubs, bars, clubs, restaurants and hotels in Scotland.


Tennent’s Lager install 5000th Fount

Mon 25th September 2017

Tennent’s Lager has installed its 5000th new fount at the Abbotsford Hotel, Dumbarton... Read more.

Barker takes on MD role at William Grant & Sons UK as Greenwood promoted

Mon 25th September 2017

William Grant & Sons (WG&S), has announced three changes to its leadership team in the UK and EMEA regions. Rita Greenwood, Managing Directo... Read more.

New position at Sky Business for Molson Coors Scottish boss Hugo Mills

Fri 22nd September 2017

Molson Coors has announced that Hugo Mills, Sales and Operations Director for Scotland, is departing to join SKY Business as their UK Direct... Read more.

Tennent’s Tradeshow dates

Tue 19th September 2017

Tennents annual tradeshows for 2017 will take place on Monday 30 October at Hampden Park in Glasgow and Wednesday 1 November at BT Murrayfie... Read more.

Innis & Gunn shareholders accept L Catterton £15m investment

Fri 15th September 2017

Innis & Gunn has revealed that 99% of ordinary share holders have voted to accept an offer of investment in the business from L Catterto... Read more.

JD Wetherspoon sees pre-tax profit rise of £22.2m

Fri 15th September 2017

JD Wetherspoon have just revealed in its preliminary results that full-year pre-tax profits rose from £80.6m to £102.8m this year, a 27.5%... Read more.

Birra Moretti Makes the Most of Summer with Festival Sponsorship

Sat 9th September 2017

This summer, Birra Moretti was once again the official partner of Summer Nights at the Kelvingrove Bandstand. With a stunning line-up of ent... Read more.

Weather causes dip for Belhaven owners Greene King

Fri 8th September 2017

A poor summer and customers tightening their belts have resulted in a sales decline, said Belhaven owners Greene King in a trading statement... Read more.

Sue Says – September 2017

Fri 8th September 2017

I have to say the run up to our awards are exciting, exhausting and exhilarating all at the same time. Exciting because we never know what ... Read more.

Design Focus: Spatch

Thu 7th September 2017

The transition of burgers from grease-drenched guilty pleasures to gourmet restaurant fare would have been unthinkable 10-15 years ago, and ... Read more.

Design Focus: Brewhemia

Wed 6th September 2017

1A Market Street, Edinburgh EH1 1DE Sometimes the numbers say it all. North of £2 million invested, 29,000 square feet and more than 100 st... Read more.

September Brand News: Whisky

Wed 6th September 2017

Jura Unveils Limited Edition Jura Single Malt Whisky has unveiled a new limited edition expression named One and All. It has been created in... Read more.

Innis & Gunn gets offer it can’t refuse as L Catterton splash out £15m on shares

Wed 6th September 2017

L Catterton, the World’s leading consumer goods private equity firm has made an offer to buy a 27.9% stake in Innis & Gunn for £15m.... Read more.

Diageo’s Learning for Life celebrates 1,000 Job Opportunities for young Scots in hospitality

Wed 6th September 2017

Members of the Scottish Parliament raised a toast to the award-winning Diageo Learning for Life programme today (5th September) which has no... Read more.

Barclay Review Gets the Thumbs Down

Wed 6th September 2017

The Barclay review was published last month. The trade hoped it would offer up a few solutions to the issue regarding the unfair methodology... Read more.

Tennent’s owners C&C partners up to buy Admiral Taverns 845 pubs in England and Wales

Tue 5th September 2017

Admiral Taverns has been acquired by Tennent's owner C&C in partnership with Proprium Capital Partners and Admiral's management team. ... Read more.

A “Toast” to New Wine Cafe in Leith

Tue 5th September 2017

The owners of Edinburgh venues Avocado and Printworks have launched Toast (pictured above), a wine cafe in Leith, Edinburgh. Located in a fo... Read more.

YO! to open new Glasgow restaurant at The Fort

Tue 5th September 2017

YO! is to open at Glasgow Fort on 7th September. It's the second new restaurant this year for the popular Japanese eatery. Only last month i... Read more.

Eric Cantona proves that he’s still got it

Tue 5th September 2017

Ex-footballer supreme and faithful Kronenbourg brand ambassador Eric Cantona returns to the mythical land of Alsace for Kronenbourg 1664’s... Read more.

Partick Welcomes Celino’s

Tue 5th September 2017

Celino’s has opened its west end sister restaurant to its legendary Alexandra Parade venue, following two years of extensive building work... Read more.