The company continues to grow from strength to strength and has plans for further growth through acquisition.
Archives: History Steps
Trust Inns’ branding receives a facelift to reflect its optimism for the future.
Trust Inns consolidates its objective to offer attractive and viable pub businesses to tenants, by improving customer service and the consolidated the overall support service available from its operations teams.
The company maintains its strong commitment to improvement and expansion within its estate with a number of large investment projects throughout the country.
This year saw the start of a series of large development projects to improve our estate and business offer.
A new Managing Director joined the team and investment in the estate stepped up a level.
The company introduced a series of improvements to its business package; namely its new 3 and 10 year Business Development Leases with competitive barrelage discounts. The new 1 year Tenancy Agreement was also introduced for those wishing to take their first steps into a pub venture
Trust Inns’ Code of Practice was accredited by the BII Benchmarking and Accreditation Services and the Introduction of a new Estate Director ensured that a continued programme of investment and development was implemented.
This year the company invested over £5 million within its estate, became finalists for the Publican’s Pub Company of the Year and started a period of growth and development within is internal structure and support services.
The company acquired 102 public houses from Mitchells & Butler. These properties spread across the UK and strengthened the portfolio considerably.
The company changed its name to Trust Inns Limited and started a new phase in its life cycle.
The company purchased 8 properties from Herald Inns & Bars.
New support services and training & courses were developed to help build upon the success of previous years.
The company sold 176 smaller pubs in order to strengthen its position within the industry and to allow focus on the development opportunities that remained
A period of consolidation and planning for the company to continue to grow and prosper over the coming decade.
The company’s most significant single acquisition was made; that being 360 Scottish & Newcastle public houses in April 2000.
A small package of public houses was bought from Shapelogic.
A small number of houses were purchased from S&N and also individual purchases were made to strengthen those locations where we already traded.
The company developed its internal support structure for licensees, growing its operational and support team staff in preparation for its next acquisition.
Further packages of public houses were purchased from Allied Domecq and Go-Ahead Leisure
The company was incorporated with the specific purpose of acquiring a substantial package of public houses from Scottish and Newcastle Ltd.