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City Pub Group well placed to achieve target of 65-70 sites by mid-2021

Clive Watson, chairman of City Pub Group PLC (LON:CPC), tells Proactive London's Andrew Scott 2019's begun well for them with  continued strong momentum in the business.

He adds that the group is well-placed to meet its expectations for the year as a whole. 

Since early April they've completed the acquisition of The Hoste - a 53 bedroom site with spa, cinema and gym in Norwich.

They've also completed the acquisition of a freehold site in Bath which is expected to reopen following refurbishment later this year or early next.

Quick facts: City Pub Group Plc

Price: 83 GBX

AIM:CPC
Market: AIM
Market Cap: £86.12 m
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City Pub Group raring to go as re-opening date gets nearer, says chairman...

Clive Watson, executive chairman at The City Pub Group (LON:CPC) says the group is raring to go as the time pubs are allowed to re-open in the UK again gets nearer. Around 40 of its 47 pubs have what Watson describes as very good beer gardens and it is these type of outlets that are expected...

on 28/5/20

2 min read