Property News – Page 39
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High levels of interest in Bramwell sites
Christie + Co, which was appointed by Zolfo Cooper, the administrators of Bramwell Pub Company, to dispose of the leasehold interest in 35 of its sites has said it has already received high levels of interest in the bars
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Two more Fat Cat sites sold
A further two sites formerly operated by Fat Cat Café Bars, which was placed in administration in April, have been sold, M&C Report has learnt
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Clarity sought on energy requirements for rental market
The Royal Institution of Chartered Surveyors (RICS) is actively lobbying the Government to clarify stipulations of the Energy Act 2011 that state from 1 April 2018 all commercial property must be energy efficient or face being removed from the rental market
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NewsFive Guys hires new head of property
Five Guys, the popular US burger chain, has hired a new head of property as it gears up to increase its presence in the UK in 2014
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Fleurets valued Rovers Return for ITV
Property agent Fleurets advised a researcher from ITV on what a realistic asking price would be for the Rovers Return pub in Coronation Street as part of a storyline for the soap
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NewsTenants sought for 20 Punch pubs in Scotland
Property consultants Colliers International and Ryden have been jointly instructed to find tenants for the sites
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NewsMarston's to sell 400 pubs over two years
Marston’s, the brewer and pub operator, hopes to sell up to 400 pubs over the next two years and is seeing increased interest in its sites recently due to an apparent upturn in the property market, chief executive Ralph Findlay has told M&C Report
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Leisure part of Plymouth-based scheme marketed
The long leasehold interest of a pair of buildings that house the eating and drinking-out part of Plymouth’s Royal William Yard scheme has been placed on the market, with offers of £8m sought, M&C Report has learnt
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Best Place Inns: two on market, eyes Zone 1
Best Place Inns, the London-based pub and hostel operator, has placed two sites on the market as it looks to secure a flagship Zone 1 premises for a larger format
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Nine nightclubs on market
A package of nine nightclubs, including six former Atmosphere Bars & Clubs sites and one formerly run by Steve Thomas’ vehicle No Saints, has been placed on the market with AG&G and Fleurets, M&C Report has learnt
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Planning reform may make process slower
A planning consultant has claimed that the Government’s changes to the planning system may make the process slower
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New coffee bar/restaurant set for Covent Garden
A new coffee bar/restaurant concept featuring a takeaway called Proper is set to open in London’s Covent Garden
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Vince Power sells North London bar
Vince Power, the music entrepreneur who founded the Mean Fiddler live music venue group, has sold a north London bar for £1m to the operators of the former Wax Jambu bar in Islington
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Land Sec raises stake in X-Leisure
Land Securities is to raise its stake in X-Leisure to 95%, after agreeing to purchase a further 35.6% interest in the UK’s largest leisure fund, for £104m
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Christie Group: Recovery underway
Christie Group, the parent company of leading advisory firm Christie + Co, has said that it believes that a recovery is now under way, helped by a resurgence of demand for lifestyle businesses in the regions
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Luke Johnson makes Plymouth investment
Serial sector investor Luke Johnson is hoping to attract more businesses from the professional, financial or creative sectors to Plymouth after acquiring the Poseidon House office building in the city
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Pubs sell prior to auctions
Almost half of the 46 pubs that were put up for auction earlier this month were sold prior to the event
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NewsFleurets: rental market downturn may have ended
Fleurets handled 37% more rent reviews among licensed retail premises in the past 12 months compared to the previous year, which it says could reflect an upturn in the market “or at least the end of the downturn”
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Intu plans £100m Watford redevelopment
Intu has submitted a planning application to redevelop Charter Place and substantially refurbish Intu Watford, which will include a new restaurant hub
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Thecentre:mk eyes premium brands
Hermes Real Estate Investment Management has appointed a new agent team for thecentre:mk to spearhead a drive to attract more premium brands to the centre