Business & Technology
Owner of multiple Oxfordshire boozers sells over 100 pubs
Published on April 13 and detailing the year to September 28, 2025, Stonegate Group said it had disposed of 109 trading sites which, along with other activity, earned it £74 million.
Stonegate Group owns over 4,000 bars and clubs around the country including eight in Oxfordshire.
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Its Oxford premises are the Slug and Lettuce by Oxford Castle and the City Arms on Cowley Road, while in Banbury they run Fever, and Zinc and Fever on the High Street and the Dog & Gun on North Bar Street.
The City Arms pub in Oxford (Image: NQ)
A pub in Bicester, The Lamb Inn on Sheep Street, is also owned by the group as is one in Didcot, Broadways on Broadway, and in Thame, the Birdcage Inn.
In its latest financial results, the company revealed its revenues declined by £128m to £1.62bn, giving it an overall pre-tax loss of £174m.
Its statement referenced its transformation strategy that is pushing ahead with despite the ongoing challenges the sector is facing.
Broadways in Didcot has had a major revamp. (Image: Broadways)
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It said: “Over the course of the financial year, rising operating costs, including labour, have impacted the profitability of our managed estate more than our L&T and Craft Union estates, and therefore the Group has accelerated its transitions program for sites that are less sustainable as a managed pub for the Group.”
Since the period that the accounts update covers, Stonegate has reportedly appointed restructuring firm FRP Advisory to advise the business on next steps.
This could include further potential sales with the company reporting £3.81bn of debt.