All Property articles – Page 10
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OpinionTo CVA or not to CVA?
The Company Voluntary Arrangement has been the solution of choice for several high-profile operators looking to reshape their businesses over the past few years. Ted Schama, of Shelley Sandzer, asks when the process will reach a saturation point and looks at other examples of how operators and landlords have negotiated a new way forward.
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NewsEiG sells commercial property arm for £348m
Ei Group has announced the sale of its 370-strong commercial properties arm for £348m.
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NewsPolpo’s Notting Hill site on the market
Polpo’s Notting Hill restaurant is being marketed by CDG Leisure, MCA has learnt.
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NewsFreehold pub prices up 6.9% in 2018
The latest survey of pub prices by Fleurets has shown freehold prices growing 6.9% in 2018 to an average of £445,537.
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NewsHappy Bar & Grill secures prime London TGI site
Happy Bar & Grill, the Bulgarian restaurant chain, is to make its debut in the UK after taking on the TGI Fridays site in London’s Coventry Street.
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NewsVagabond set for St Paul's
Vagabond Wines, the wine shop, bar and deli concept, is looking to open in St Paul’s for its seventh London site, MCA understands.
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Analysis & InsightThe changing face of the high street
As part of our Agenda series of roundtable discussions, MCA – in partnership with the Access Group – brought together property directors from across the sector at Frog by Adam Handling in Covent Garden. Led by James Wallin, here are the highlights from the day.
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News
Cured Bar taken on by former Lukin team
Cured Bar, the bar and diner in Liverpool Road, Islington, has been taken on by the former team behind The Lukin pub in Fitzrovia after being marketed at a guide price of £125,000.
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NewsBrick & Liquor disposes of both sites
Cocktail bar concept Brick & Liquor has sold its two sites, with the operators saying they will return in 2019 with new projects. The brand’s Tooting site, on Mitcham Road, has been taken on by cocktail bar operator Tequila Mockingbird, which will open its third site there in January. Meanwhile, ...
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NewsStar secures record tied lease for Sptialfields site
Star Pubs & Bars is understood to have set a nationwide record for a pub company tied lease at The Gun in Spitalfields.
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NewsTime Out secures Market site in Waterloo
Time Out has announced that it has finally secured a site for a London market, with an opening in Waterloo due in 2021.
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NewsSignorelli and Figo join IQL development
Italian restaurant Figo and East London bakery Signorelli have signed to International Quarter London (IQL) development in Stratford.
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NewsGiggling Squid poised to take on former CAU site in Leamington Spa
Giggling Squid has been granted a premise license for the former CAU site in Leamington Spa.
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NewsWeak pound could attract more Chinese operators to UK
The weak pound could encourage more Chinese restaurant brands to open in the UK, following the example of Din Tai Fung and Haidilao, Fleurets director Richard Thomas has told MCA.
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NewsDistrkt appointed on “Borough Yards”
Distrkt, the property consultancy company launched earlier this year, has been appointed to secure all of the F&B and leisure operators for the “Borough Yards” development.
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NewsMackie Mayor team lines up Macclesfield opening
The team behind Altrincham’s Market House and Manchester’s Mackie Mayor food halls is set to open a third venue in the north west, in Macclesfield.
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NewsEiG managed lfls up 7.1%; ‘considerable interest’ in commercial property arm
Ei Group (EiG) has reported like-for-like (lfl) sales up 7.1% in its 308-strong managed division for the year to 30 September.
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NewsRichoux to sell three sites
Richoux has found buyers for its eponymous restaurant in Piccadilly, along with its Friendly Phil’s Braintree and Richoux Gloucester Road restaurants.
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NewsCedar Dean Group launches investment and development property division
Cedan Dean Group has launched an investment and development division, called Cedar Dean Investments.
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NewsSecond extension for Intu takeover talks
The board of Intu has approved another extension to the deadline for a firm takeover bid from a consortium led by its largest shareholder, John Whittaker, after describing “good progress being made”.