Reopened sites boost last quarter sales at Brakspear

February 8, 2011

Brakspear saw a 12% increase on turnover in the last quarter of 2010, compared to 2009, thanks largely to the reopening of several high-trading sites during the year.

The Owl & Pussycat, in Shoreditch, reopened last autumn with Fiveeightzero as tenants and has been trading ‘phenomenally well’, according to Brakspear.  Brighton pub The Portland became The Stoneham Pub & Pizzeria, while in Brakspear’s Thames Valley heartland, The Chequers in Marlow reopened with a £500,000 investment. The site is now run by Tailor Made Steaks, who also opened the redeveloped White Hart at Nettlebed, near Henley, before Christmas.

Brakspear chief executive Tom Davies says, “It’s very good to have these high-profile pubs open again. Despite the challenges facing our business, these sites shows that investment in the right place, with the right tenants, can turn a struggling pub into a star performer. We hope for similar success with the investments we have planned for 2011.”

Pictured right: The Chequers Marlow, which reopened in July 2010

Brakspear is a family-run pub company offering pub tenancies and pubs for lease in and around Oxford and other parts of the south east, including pubs on the Thames.