Brakspear invests £500,000 in London pubs
Oxfordshire-based pub company Brakspear has spent £500,000 on its London pubs in the past 18 months, ahead of the Olympics.
Although the company is best known for its pubs around Henley-on-Thames, it has 25 pubs lying within the M25, including a handful in central London areas such as Shoreditch and Clerkenwell.
The pubs to have benefited from the investment include: the Bowler pub and kitchen, Clerkenwell; the Owl and Pussycat, Shoreditch; the Albert, Southwark.
Chief executive Tom Davies said: "With the Olympic Games under 12 months away, we're confident our investment in our London estate will help Brakspear pubs capture a share of the estimated five million additional visitors to the city over the duration of the games next summer.
"Sales in our London sites have held up better than elsewhere through the recession as customers here continue to eat out and indeed ‘trade down' from high-end restaurants to quality food-led pubs such as ours. We're seeing a healthy uplift in sales at our recent investment sites in London and look forward to seeing this growth continue into 2012."
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By Neil Gerrard
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