Punch Taverns plc 2007 Annual Report and Financial Statements
Punch Taverns plc 2007 Annual Report and Financial Statements
Punch Taverns plc 2007 Annual Report and Financial Statements
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Managed estate: We have significantly improved<br />
the quality of our Spirit managed estate, through<br />
the acquisition of 82 pubs from Mill House Inns<br />
<strong>and</strong> development investment of £44m across<br />
our four divisions: Quality Food, Value Food,<br />
City <strong>and</strong> Locals.<br />
Quality Food<br />
Catering for the discerning diner, our<br />
Quality Food division is spearheaded<br />
by our Chef & Brewer concept.<br />
These pubs offer a superior dining<br />
experience in distinctive surroundings.<br />
150<br />
pubs<br />
Value Food<br />
An everyday affordable family dining pub,<br />
including our ‘Two For One’ promotional<br />
offer. The Value Food division has over 70<br />
Wacky Warehouse indoor play barns across<br />
the country, including a new Coffee Corner<br />
for parents to enjoy.<br />
198<br />
pubs<br />
City<br />
Urban living meets a traditional offer across<br />
our City division. These pubs tend to be<br />
l<strong>and</strong>mark sites in prime locations in London<br />
<strong>and</strong> other major towns <strong>and</strong> cities. These pubs<br />
are a great place to enjoy fine food <strong>and</strong> drink<br />
<strong>and</strong> are popular with a varied mix of business<br />
people, tourists <strong>and</strong> local residents.<br />
184<br />
pubs<br />
Locals<br />
Locals are at the centre of the community,<br />
<strong>and</strong> therefore at the heart of our business.<br />
Similar to the City model our Locals offer<br />
great value food <strong>and</strong> drink <strong>and</strong> always<br />
offer a reason to visit.<br />
304<br />
pubs<br />
* 51 pubs do not fall into our four concepts.<br />
<strong>Punch</strong> <strong>Taverns</strong> <strong>plc</strong> <strong>Annual</strong> <strong>Report</strong> <strong>and</strong> <strong>Financial</strong> <strong>Statements</strong> <strong>2007</strong> 3
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