Co-founders Malcolm Heap, 47, and Nick Pring, 46, will not add a site to their group’s portfolio of pubs, bars and restaurants unless they can cycle to it. The duo founded Urban Pubs & Bars in 2014, using funds from the sale of their previous venture Realpubs, which was bought by Greene King for £53m in 2011. The group operates 14 venues across London, from the ping-pong-themed Bat & Ball in Stratford to the grade II listed Punch Tavern in Fleet Street — a former 19th-century gin palace. Turnover hit £16.8m in the year to April and it has since acquired the Opera Tavern in Covent Garden.
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