CityStack’s Post

USE IT OR LOSE IT The Great British Pub condundrum. Why are pubs closing everywhere when everyone wants a GREAT Local pub they can call THEIR PUB? WHY, when there's evidence ALL over the UK that communities WANT to have a GREAT Local Pub they can call THEIR Local does the pub sector 'market' not respond to the ever burgeoning demand there is for great pubs? WHY does the trope 'if you wanted it you should have used it' hold space in so many people's mind? https://lnkd.in/eqAXfsAp

As we mark the conclusion of Dry January, we’d like to share an initiative we are launching to help locals through the current hospitality crisis: ‘Support an Independent Pub Day’, which will take place on Saturday 10 February. Dry January once again occurred during an already precarious situation for independent pubs. 43.6% of wet-led pubs, bars and nightclubs have disappeared over the last 20 years. This trend is even more concerning for independent businesses. With sky-rocketing operating costs, the only way these treasured establishments can survive is with high footfall and customers visiting to spend money, even more so during the quietest period of the year. This is why we have decided to help and invite all pub lovers to celebrate independent pubs and visit locals in their area on Saturday 10 February, to show love and support to these cherished community centres that help millions of Britons fight loneliness and enjoy quality social time. This special day will aim to raise awareness on the disappearance of these much-loved bastions of British culture which are part of our DNA. We hope that this patronage will not only see the cash tills ringing to support businesses after the harrowing month of Dry January but also hopefully inspire more people to visit independent pubs in their area for food, drink, entertainment and company. The term ‘Use it or lose it’ has never been more pertinent! If you can, spread the word with your friends, block Saturday 10 February in your calendars and visit local independent pubs in your droves. You know what to do… #supportindependentpubs CityStack

This weeks blog of Reflections of a Reluctant Landlady describes how we took on one of the Pubco's, won the battle but lost the war. It also describes the issues with tied pubs. I hope you find it interesting. https://wix.to/u4mELMW #reflectionsofareluctantlandlady #tiedpubs #pubcode #pubcos #problemsoftiedpubs #hospitalitymanagement

Have you noticed that the number of pubs is decreasing faster than anticipated? A recent report from the Daily Mail revealed that the demolition or conversion of pubs has surged by a third. This trend is concerning for the future of our local communities and social hubs. Let's work together to support our beloved pubs and prevent this decline. #SaveOurPubs #CommunityMatters #SupportLocalBusinesses https://ift.tt/QRJE7uX

My blog this week was painful to write. We took on one of the Pubcos when the Pub Code (designed to protect tenants from restrictive practices put on them by large Pubcos) was new and we were a test case. It was a stressful time and part of me wishes we had gone further, but it was a costly affair! #reflectionsofareluctantlandlady #tiedpubs #pubcode #pubcos #problemsoftiedpubs #hospitalitymanagement

More than 65 parties express interest in Antic pub portfolio: More than 65 parties have expressed an interest in the 13-strong portfolio of London pubs operated by Antic, which was placed into administration last month. Propel revealed that Steve Absolom and Will Wright, of Interpath Advisory, were appointed joint administrators to Elflock, Babel Silk, Brocade and De Gremio on 12 July 2024. Collectively, the companies operate 13 pubs and bars across south and east London, including: The Antelope SW17, Balham Bowls Club SW12, Clapton Hart E5, Gremio de Brixton SW2, Graveney & Meadow SW17, Dogstar SW9, Tooting Tram & Social SW17, Red Lion E11, and Coopers SE19. Several of the sites had struggled with legacy liabilities resulting from the pandemic. Propel understands that there have been expressions of interest from more than 65 parties since it was revealed that administrators had been appointed, and that these include some of the “biggest operators in the market”. It is understood that trading in the pubs, which are being operated with support from specialist trading agents at Licensed Solutions, has been strong, and that further competition for the sites is expected when they are officially launched to the market in the coming days.

The Labour party conference is in full swing, and doubtless there have been many fringe meetings and get-togethers, some in pubs and bars. But, comrades, pubs are for life and not just for conference, and there are steps you can take to help ensure that they not only survive but thrive #pubs #pubsnews #beer #beernews #budget2024

🍺 The disappearance of traditional pubs is alarming! According to a recent report, the number of pubs being demolished or converted has surged by a third. As a pub lover, this trend is saddening. It's not just a place to grab a drink - it's a community hub where people gather and socialize. Let's support our local pubs and keep the spirit of community alive. #SaveOurPubs #CommunityHub #SupportLocalBusinesses https://ift.tt/QRJE7uX

What role do pubs play in our towns and villages? It's an interesting theory that pubs are the 'hub' of our local communities, but it's not backed up by fact - for the majority of the country. More pubs are closing than ever have before because they aren't making money. My Cousins are anomalies. One, along with her husband runs a pub in Cornwall that is beloved by a thriving, interactive and highly social community. My other Cousin runs a sports bar in the same area, targeted at students - also a highly interactive and social group. Two pubs very vertically integrated. But the you's and me's - the so-called regulars who we *think* pubs are there to serve, prefer to isolate, read our screens, scroll our socials, not engage, drink at home and not frequent those establishments we think we deserve. Paul Hollywood's wife Melissa Hollywood, who runs the Chequers Inn in Smarden, Kent, is facing the dilemma that many landlords face - a decreasing customer base that understands the pub's role in their town, yet isn't able - or willing - to support it. A business that's been running for 700 years. Arguing that a pub is a an "asset of community value" is not a winning one. It is a business and it needs customers. If it's unprofitable, it is not the responsibility of the owner to continue to support it for the good of the people who don't use it! My own view is that the traditional village pub will become a rarity, which will only increase the value of those establishments that continue to thrive and serve their market. I hate to see this happen, but whether we like it or not, we simply can't afford to keep many pubs going. https://lnkd.in/g_ScGvhM

Celebrating #WorldMalbecDay at your local pub? 🍷 We value pubs by determining the annual rent they could realistically generate. As rental contracts often come with extra conditions, we also look at the potential turnover. The greater a pub’s trading potential, the higher its potential for a greater rent, and consequently, the higher its rateable value will be. Read more about our valuation methods: https://lnkd.in/eX8rjrqr