Wednesday, December 09, 2009

Pubs For Sale in UK

As a property investment or development opportunity, run down, disused or delicensed freehold pubs and hotels are currently for sale under market value and present excellent redevelopment, modernisation and refurbishment opportunities.

Recent price cuts caused by breweries and pub companies offloading unprofitable, struggling, run down or vacant pubs and hotels, are tempting entrepreneurs to look at the potential locked up in sites previously thought too expensive to run as a business or to redevelop into offices, shops, care homes, restaurants, flats or apartments.

Pubs & Hotels for sale in the UK

Monday, December 07, 2009

More than 300 Signed up to Facebook Page for Protest Backing Action Against the Pubcos

The Publican reports that disgruntled tenants and lessees are due to protest outside Parliament today as part of a "peaceful" demonstration against the behaviour of pubcos.

The protest, at Old Palace Yard opposite Parliament, is being organised by Inez Ward, leader of campaign group Justice for Licensees, and a former Enterprise Inns lessee.

The group is hoping the demo, which begins at 10am, will pressurise the government into taking action against the pubcos.

It is not known how many people will attend, but more than 330 people have joined a Facebook page for the event.

Ward told The Publican previously that her members wanted action now. “These tenants can’t afford to wait two years for a Competition Commission inquiry, they are losing their homes and facing bankruptcy," she said.

The former Newquay licensee organised previous protest marches on the HQs of Punch Taverns and Enterprise Inns in January this year and boasts around 380,000 “members/supporters” for her JFL group.


Paramount Investments, UK pub sales agents, has launched its own Twitter and Facebook profiles, concentrating on UK pub news, uk pub trade information and listing Pubs for Sale in the UK

Tuesday, December 01, 2009

Wetherspoons Announce 250 New Pubs to Open

Pubs chain JD Wetherspoon is to create 10,000 jobs as it opens 250 new pubs.
The company is planning to invest £250m on the new outlets over a five-year period.
The expansion will open up management opportunities, as well as positions for bar and kitchen staff.

The new pubs will be located across the UK, including Sheffield, Livingston, Leominster, Otley, New Malden, Liverpool and Newcastle

Friday, November 13, 2009

Pub Cigarette Vending Machine Ban for 2011

The Government plans to ban cigarette vending machines from pubs in England from 1 October 2011. The ban will cost a huge £709m to the industry, smokers and the Government in lost revenue.

Although the industry in general objects to the ban on vending machines, a lead-in time of almost two years will be welcomed by pubs that are currently struggling in the recession.

Pubs will still be able to sell tobacco products from behind the bar. However, from 2013, displays can't be visible to the public.

Pub industry bodies such as the British Beer and Pub Association said that the measures are another unwarranted obstacle to already-beleaguered pub industry.

A spokesperson from the BBPA said: “It’s unnecessary, and will make life even more difficult for hard-pressed publicans. Vending machines are well supervised, and governed by a tough code. Publicans are well used to selling a product restricted by age, and don’t need further restrictions.”

Tuesday, November 10, 2009

British Beer and Pub Association- Pub Code Debate

A pro-pub tenant MP has slammed the British Beer and Pub Association (BBPA) for turning down an invitation to debate its new industry code of practice in public.

The BBPA gave a presentation of its new Framework Code of Practice on the Granting and Renewing of Leases to MPs in the All Party Parliamentary Beer Group last night at a closed session (Pubcos set out 'fundamental reform' plans).

Beer Group member Greg Mulholland, also chair of the Save the Pub Group, challenged the BBPA to a public debate with the newly formed Independent pub Confederation (IPC) at the next Save the Pub Group meeting.

Friday, October 23, 2009

Banks holding back pub property market

Banks holding back pub property recovery

Bank demands for 45 per cent deposits are continuing to prevent a recovery in the pub property market, according to a leading pub sales agent.

Mark Grieg, managing director of London-based Paramount Investments criticised what he called the continued reluctance of banks to lend to potential pub buyers, saying that businesses are still “paying the price for the banks’ recklessness in the years prior to the crisis of 2008”.

For more info on Pub mortgages, overdrafts and loans

Monday, September 07, 2009

UK pub sales on Twitter and Facebook

Paramount Investments, UK pub sales agents, has launched its own Twitter and Facebook profiles, concentrating on UK pub news, uk pub trade information and listing Pubs for Sale in the UK

Wednesday, August 05, 2009

Pubs For Sale in UK

UK Pubs for Sale with potential for continued licensed/leisure use or alternative uses subject to gaining the appropriate Local Authority consents. They each also make superb investment/development properties and represent excellent value.

Black Horse
358 Lower Somercotes, Alfreton, Derbyshire, DE55 4LP
FREEHOLD - £330,000

Cock & Bull
Sinfin Lane, Derby, Derbyshire, DE24 9GP
FREEHOLD - £210,000

Emperia
63-65 Churchgate, Leicester, Leicestershire, LE1 3AN
FREEHOLD - £330,000

Coopers Arms (Rufios)
55 Bute Street, Luton, Bedfordshire, LU1 2EP
FREEHOLD - £275,000

Raven Inn
Elder Road, Stoke On Trent, Staffordshire, ST6 2JF
FREEHOLD - £390,000

Masons Arms
Dilke Street, Stoke on Trent, Staffordshire, ST1 2LJ
FREEHOLD - £220,000

Rams Head
Waterloo Street, Burton On Trent, Staffordshire, DE14 2NB
FREEHOLD - £120,000

Sportsman Inn
9 Branston Road, Burton upon Trent, Staffordshire, DE14 3BP
FREEHOLD - £135,000

Magnet
Birchington Avenue, Middlesbrough, Teesside, TS6 7HU
FREEHOLD - £300,000

Monday, March 30, 2009

Licensed Property Sales and Investments

Pub for sale Coleford Gloucestershire GL1

The property is a detached 2 storey public house of traditional construction with a restaurant and living accommodation. there is a parking arae to the rear of the premises and garden to the north boundary...

Pub for sale Skegness Lincolnshire PE2

A detached and traditional public house and restaurant together with living/managers accommodation. The property sits on a aproxx 0.277 acre plot and includes a beer garden and on site parking facilities. Unconditional...

Pub for sale Bootle Merseyside L20 1

The property is a 3 storey detached public house with function room, beer cellar, lounge bar, games room with bar, kitchen and living accommodation comprising living room, kitchen, bathroom/WC, separate...

Pub for sale Nottingham Derbyshire NG1

Public house/development land for sale with full vacant possession. Unconditional offers are invited for our clients unencumbered interest. May be suitable for redevelopment subject to gaining...

Pub for sale Ramsgate Kent CT1

Public house/development land for sale with full vacant possession. Unconditional offers are invited for our clients unencumbered interest. May be suitable for redevelopment subject to gaining...

Thursday, March 05, 2009

Licensed Property Finance: Mortages for Pubs

Mark Greig of Paramount Investments advises a newcomer on how they can raise the finance to buy a pub.

I’ve worked in bars and nightclubs since I was 18. I’m now 24 and trying to get into the trade as a licensee but I have trouble with the finance side of it. Can you offer me any advice?

Making that first break into the pub trade isn’t easy, but if you have the right experience and a solid business plan, you should be able to secure the right finance package.

By far the most important factor a lender will look at is your experience. From what you say, you seem to have had six years of experience in a good range of establishments. Read the full article at the UK Pub Sales Blog