meeson
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'Punch Taverns dismisses claims it is struggling to find lic'Punch Taverns dismisses claims it is struggling to find licensees'
Pressure is mounting on Punch Taverns after it emerged that almost one in five of its tenanted public houses is looking for a new licensee. Punch has 7,560 leased pubs in its estate, spread across the UK. But almost 1,400 of these, around 18 per cent of the portfolio, are looking for new tenants. Giles Thorley, chief executive of Punch, said there had been no recent deterioration in the number of pubs available and dismissed fears that there would be a problem finding new tenants. “There are plenty of people looking to get into pubs,” he said. “We leased more than 800 pubs in the year to August and we did 100 in August alone.”
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