Archie appears to have logged off for the afternoon. I have added a question mark as you suggest.
Admin
Not only is this another of those threads where someone's wanted to jump in with a negative, tittle tattling, assumption but Admin also knows that Archie won't be logging on for a while - clever!
Archie appears to have logged off for the afternoon. I have added a question mark as you suggest.
Admin
I have removed the question mark. The Diamond Tap with its low priced booze and cheap food killed the trade at the KC overnight. Other local pubs are also suffering. All of you whingers on this site will soon be complaining that every pub in Newbury has closed. Just wait until the Hatchet opens and takes even more trade away.
Newbury is supposed to be an affluent town, but everyone is penny pinching at the moment.
So you know for a fact that the KC closed because of the DT? Dare I ask, do you have any evidence for this, such as confirmation from the landlord, or are you still guessing?
I'd hazard a guess the manager at the KC got fed-up with being fleeced by the breweries for his hard work.
Pubs and breweries in Newbury have been ripping us off for ages, it is about time pressure was applied. I'm not saying we need £2.00 a pint, but the prices in some pubs, like the LSB, and others, is staggering.
Why is prefering to spend £2.00 on a pint rather than £3.50 penny pinching?
If the DT can sell beer at £2.00, so could every other pub.
And are you really suggesting that after one night the KC decided to shut?
The Wetherspoons business model is very different from a place like the KC - for a start the DT can hold hundreds of customers while the KC would struggle to fit 30 - so there are massive economies of scale available. I suspect that there is no way that the KC could turn a resonable profit at £2 a pint.
Both are, of course tied houses, one to a brewery (Greene King) and the other to Wetherspoons - not that a tie to Wetherspoons is a problem. Unlike other pubcos like Punch and Enterprise they are not forcing the landlord to pay inflated prices for the beer.
It will be sad if the KC goes, it's a much nicer pub than the DT - but the days of small town centre pubs are numbered. I hope some manage to survive elsewhere.
The Wetherspoons business model is very different from a place like the KC - for a start the DT can hold hundreds of customers while the KC would struggle to fit 30 - so there are massive economies of scale available. I suspect that there is no way that the KC could turn a resonable profit at £2 a pint.
Both are, of course tied houses, one to a brewery (Greene King) and the other to Wetherspoons - not that a tie to Wetherspoons is a problem. Unlike other pubcos like Punch and Enterprise they are not forcing the landlord to pay inflated prices for the beer.
It will be sad if the KC goes, it's a much nicer pub than the DT - but the days of small town centre pubs are numbered. I hope some manage to survive elsewhere.
the DT is part of a national chain but brews no beer. The KC is owned by a brewery. The Brewery, should it want to keep the KC open, could.
I agree though - the pubcos have been having too much a a good time in Newbury for a long, long time. Weatherspoons wanted the old Daniel store years ago but were refused.
Punch and Enterprise should be seen as property companies that also happen to own pubs. It is their inability to realise and reflect local needs that has allowed Wetherspoons to flourish. It is a shame when a decent hard-working landlord/ tenant/ manager goes to the wall because of the inflexible greed of his owners. If the K.C. has gone tits-up then that's quite sad. I would have thought though that their regular crowd were not exactly the type that the DT were trying to attract. Seems odd, if this report is true, that the KC fell over in so little time.
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