Admiral Taverns invests £27m over 2023

Over 300 pubs were the beneficiaries of £27m of investment last year, as one of the largest pub companies in the country continued its capital expenditure programme.

Admiral Taverns invested more than £27m into elevating its community pubs throughout 2023. The group, which owns approximately 1,500 pubs across England, Scotland and Wales, invested the funds across both its leased and tenanted estate and its community wet-led division, Proper Pubs. 

The pubco told Pub & Bar that a robust investment programme is a core part of its strategy to ensure that every pub can thrive and make a positive difference within their communities across the UK.

The investments ranged from major transformational interior and external refurbishments, through to updates to licensee accommodation and long-term structural improvements. 

Improving service

Many of Admiral's pubs sit in underinvested regions of the UK, but remain vital social hubs, offering a range of activities and events for the local community. The fundamental purpose of the group’s active capex programme is to ensure these pubs can continually improve the environment and service they can offer locals. 

"At Admiral, we are committed to creating long-term, sustainable pubs that sit at the heart of their communities," says Chris Jowsey, chief executive at Admiral Taverns. "Pubs are a cornerstone of British life and act as so much more than just a place to drink. They are social hives of activity that support all aspects of local life and most importantly, bring people together. It is vital that we continue to facilitate such an important part of community life by equipping licensees and operators with the correct tools and infrastructure to create thriving businesses. The results from these refurbishments are incredible and I wish each of our licensees and operators every success for the future."

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