The Talbot - Pub of Christmas Future

An early (or late, depending on the way you want to look at it) Christmas present from Jamie at the Honor Oak, who's written to tell us that the future of the Talbot is brighter than many of us have feared:

"Apologies to everyone at Brockley Central for the lack of information over the last couple of months.

"I had another meeting today on site and we are very close now to commiting to the refit with a view to open in April/May. So, once again, as soon as everything is signed I will let you know. Happy Christmas and let's hope a great New Year for Brockley and, of course, The Talbot."

At a recent Christmas party, we got talking to a guy who runs a country pub owned by Enterprise Inns, a rival to Punch Taverns, which owns The Talbot. He said he does a roaring trade but, despite this, struggles to make a profit as the margins on beer are so low and the rent is so high. He agreed with the suggestion made by some on BC that, with the pressure on Pubcos to lower their charges at the moment, it might be sensible for the team to wait before commiting, particularly to a site which doesn't benefit from a lot of passing trade.

So hopefully the delays to this project have improved The Talbot's chances of prospering in the long-term.

Thanks to Jamie for keeping us all up-to-date.

19 comments:

Headhunter said...

Excellent news. I was beginning to think that the building was destined for dereliction.

Graham said...

Brilliant early Xmas pressie for those of us who live near the Talbot and are crying out for a good boozer nearby. Even though it'll wreck havoc with my waistline....

Richard Elliot said...

Great news! Only a shame that I will miss the opening as I'll be on my travels by then.

Anonymous said...

Interesting programme about the tribulations of publicans and pubcos.

http://news.bbc.co.uk/1/hi/business/7776212.stm

Anonymous said...

Happy Christmas all!!

Excellent news, I hope the grub will be yummy.

Enjoy

Hugh said...

Anyone else reckon the Talbot is a pipe dream? Ten quid says it doesn't re-open in 2009. Five quid says it doesn't re-open before 2011.

4x4 said...
This comment has been removed by a blog administrator.
Anonymous said...
This comment has been removed by a blog administrator.
Robert W Monk said...

Fantastic, I'm looking forward to visiting it. I've been in Brockley for 9 months and am yet to find a really good local pub (unless you count the Brockley Barge, which most don't!). The Honor Oak is very nice but is a bit far to walk back from...

Tyrwhitt Michael said...

Well, all I can say is that if it reopens I will go in for a drink, but if not I will continue to use the Wickham Arms which is a perfectly acceptable alternative as far as I am concerned.

Oh and seasonal greeting to all

betamatt said...

Robert, try the Ladywell Tavern. It's a nice pub and worth a visit.

Hugh said...

I may have been slow to notice but Punch Taverns has put banners on the Talbot inviting any passing punter to have a go at running the pub. I sense the Honour Oak posse's purported deal to take it on may have hit the stocks.

Brockley Nick said...

You are indeed slow to notice. As has been discussed before, this is a formality.

Patience.

john Moonbow said...

For those interested in pubcos, the Talbot being one of Punch Taverns 8,000 establishments, this may interest you.

Hurry as the programme comes off the i-player tomorrow.

http://www.bbc.co.uk/iplayer/episode/b00h9tsl/Week_In_Week_Out_Over_a_Barrel/

BrockleyHasBeens said...

Telephone call to Punch Taverns last week confirmed that they have just accepted an offer for the sale of the freehold for the Talbot. Does anyone have any info about who the purchaser is?

Headhunter said...

Probably a developer about to turn it into flats

Brockley Nick said...

Punch are selling some freeholds to publicans (who don't want to run tied-pubs) at the moment.

Tyrwhitt Michael said...

I've also heard the "Talbot Freehold Sold" rumour on the Tyrwhitt grapevine aka talking to someone in Taylor's.

My version included the titbit that the purchaser was a pub company which ran two other pubs...

Interestingly the property press says Punch are not just selling underperforming pubs like the Talbot but also some of their more sucessful ones as they are the only ones people are willing to invest in.

Tyrwhitt Michael said...

Oh and by the way;

I'll believe it when I see it

Brockley Central Label Cloud