All Operators articles – Page 235
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News
Mitchells of Lancaster: PBT up, investments due
Mitchells of Lancaster, the pub and hotel operator, saw pre-tax profits rise from £3,000 to £26,000 in the year to 26 February despite a fall in sales, and said it plans investments in key properties after a “period of constraint”.Turnover fell 9.8% to £9.3m, largely due to disposals; Mitchells placed ...
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News
Red Oak seeks tenants
Red Oak Taverns, the company set up by two former associates of Robert Tchenguiz, is seeking tenants for the first handful of pubs it has invested in out of the 32 its acquired at the start of this year.The group, which includes Jeremy Blood, former executive chairman of WaverleyTBS, amongst ...