Star latest to show increase in operator applications

Star Pubs & Bars is experiencing a post-lockdown surge in leased and tenanted applicants.

Star Pubs & Bars is experiencing a post-lockdown surge in leased and tenanted applicants, and a willingness to invest in pubs by licensees.

It’s not the first of the major pub companies to reveal such patterns, with Greene King also seeing similar activity.

Application numbers are back to the record-breaking levels seen across the Star estate in 2019. During the height of lockdown, the pubco was getting around 30 applications a week.

Star has also said that the calibre of applicants is higher than has been the case historically. A greater proportion of applicants have licensed trade experience, a clear vision for the pubs they are taking on and are well funded.

“Our estate is primarily suburban community locals and drive-to destination pubs, which is where operators see the opportunities,” says Hance McPherson, Star Pubs & Bars recruitment manager. “People are working from home more and travelling less on public transport, and so are opting to stay local. This is great news for pubs in these locations and for the refurbishment projects we are undertaking.

“Applicants are mindful of the immediate challenges that pubs face, but have confidence in the long term. During lockdown they were able to research the market thoroughly and put together well thought through business plans. The result is pent-up demand from quality applicants.”