City Pub Group to open vegan concept in Parson’s Green, London

18th January 2018 (Last Updated January 18th, 2018 16:11)

UK-based City Pub Group has announced its plan to open a vegan pub in London’s Parsons Green.

City Pub Group to open vegan concept in Parson’s Green, London
Beer served at pub. Credit: Unsplash.

UK-based City Pub Group has announced its plan to open a vegan pub in London’s Parsons Green.

The firm, which operates 33 pubs, is planning to expand this year, as it sees a 3.8% increase in like-for-like sales in fiscal year 2017.

Its total turnover for 2017 grew by £37.4m, an increase of around 34% from the previous year.

The vegan pub will open early this year in addition to new pubs in Clapham and Reading.

The City Pub Group executive chairman Clive Watson said: “Trading was robust over the festive period and throughout 2017.

“Our new openings are performing well and we are excited about our recent high-quality acquisitions.

“We continue to seek and find a ready flow of acquisitions to build the group and we are close to exchanging on further units.”

The group has also appointed Neil Griffiths as independent non-executive director.

Watson added: “I am delighted that Neil Griffiths has joined our board – his knowledge and experience will be extremely valuable as we aim to double the size of the group over the next three to four years.”