Bramwell Pub Company completes £2m investment programme
Bramwell Pub Company, formerly Barracuda, has completed an investment programme of £2m across 10 sites opened since September 2012.
The refurbishment programme has included pubs within the newly segmented trading formats across the breadth of the UK: from Cardiff to Middlesbrough and Gainsborough to Bridgwater, including locals and town centre pubs.
Roger Moxham, chief executive of Bramwell Pub Company said: "The property team have worked in partnership with architects and designers to create some fantastic looking pubs introducing state-of-the-art technology and innovative design as well as making good the neglect of recent underinvestment. 2013 will see us continue to invest in our pubs with over £10m earmarked for the next three years. This, combined with our customer service programme, consumer-led insight and quality food offer will ensure we drive up our sales, satisfy our customers and engage our teams across UK."
Barracuda was restructured and renamed Bramwell in October. It was split into an operating company and a property-owning company. Bramwell, the operating company, has access to a credit facility of up to £10m from new investors Värde Partners.
Barracuda handed back 18 pubs to their landlords as part of the process.
Barracuda becomes Bramwell Pub Company in restructuring >>
By Neil Gerrard
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