Tuesday, June 08, 2010

Denbighshire Pub for Sale














Denbighshire Pub for Sale

Wynnstay Arms
Well Street
Ruthin
Denbighshire
LL15

Gross Site Area: 11935 sq/ft*

£ 375,000
Freehold

Wynnstay Arms Pub for Sale Denbighshire

Monday, June 07, 2010

Oldham Pub for Sale, Greater Manchester












Greater Manchester Pub for Sale

Wellington
Chew Valley Road, Greenfield
Oldham
Greater Manchester
OL3

Gross Site Area: 3879 sq/ft*

£ 150,000 Freehold

Wellington Pub for Sale Greater Manchester

Sunday, June 06, 2010

Welsh Inn For Sale











Welsh Property for Sale

Waterloo Inn
Llandowlais Street, Oakfield
Cwmbran
Torfaen
NP44

Gross Site Area: 11521 sq/ft*

£ 275,000 Freehold

Waterloo Inn Pub for Sale Wales

Saturday, June 05, 2010

Leasehold Hotel for Sale West Yorkshire













West Yorkshire Hotel For Sale

Greyhound
Manchester Road
Huddersfield
West Yorkshire
HD1

Gross Site Area: 4588 sq/ft*

£ 250,000 + VAT
Leasehold

Greyhound Hotel For Sale West Yorkshire

Friday, June 04, 2010

Sheffield Pub for Sale











Property For Sale in Sheffield

Sheaf
Fraser Crescent
Sheffield
South Yorkshire
S8

Gross Site Area: 13641 sq/ft*

£ 125,000 + VAT
Leasehold Lease length: expires 2061 @ £136 pa

Sheaf Pub for Sale Sheffield

Freehold Pub for Sale Wales













Welsh Pub for Sale

Landsdowne
Lansdowne Road
Cardiff
Caerdydd
CF5

Gross Site Area: 4695 sq/ft*

£ 375,000 + VAT

Landsdowne Pub for Sale Wales

Tuesday, June 01, 2010

Pub for Sale Bedfordshire













Bedfordshire Pub for Sale

Crown
Britannia Road
Bedford
Bedfordshire
MK42

Gross Site Area: 7226 sq/ft*

£ 375,000 + VAT Freehold

Crown Pub for Sale Bedforshire

Leasehold Pub for Sale in The West Midlands














West Midlands Pub for Sale

Graduates (Rosie Malones)
Jordan Well
Coventry
West Midlands
CV1

Gross Site Area: 1985 sq/ft*

£ 200,000
Leasehold

Graduates Pub for Sale Coventry, West Midlands

Sunday, May 30, 2010

Greater Manchester Inn for Sale











Greater Manchester Inn For Sale

Harrow Inn
Edge Green Road, Ashton-in-Makerfield
Wigan
Greater Manchester
WN4

Gross Site Area: 1 acres*

£ 225,000 Freehold

Harrow Inn Pub For Sale Greater Manchester

Friday, May 28, 2010

Pub for Sale Shropshire











Shropshire Pub For Sale

Granville Arms
Granville Terrace
Telford
Shropshire
TF1

Gross Site Area: 6439 sq/ft*

£ 175,000 + VAT Freehold

Granville Pub For Sale Shropshire

Thursday, May 27, 2010

Inn For Sale Wales











Wales Licensed Inn for Sale

Found Out Inn
Killan Road, Dunvant
Swansea
Abertawe
SA2

Gross Site Area: 13808 sq/ft*

£ 250,000 + VAT Freehold

Found Out Inn For Sale Wales

Public House for Sale Essex











Essex pub For Sale

Cups
Wantz Road
Maldon
Essex
CM9

Gross Site Area: 9949 sq/ft*

£ 250,000 + VAT Freehold

Cups Pub for Sale Essex

Wednesday, May 26, 2010

Pub for Sale Lancashire















Lancashire Pub for Sale

Arena Sports Bar (Bar Code)
Higher Church Street
Blackburn
Lancashire
BB2

Ground floor footplate: 1143 sq/ft*

£ 150,000 + VAT Leasehold

Arena Sports Bar for Sale Lancashire

Tuesday, May 25, 2010

Wiltshire Freehold Pub for Sale








Pub for Sale Wiltshire

Beef & Barge
Widbrook
Bradford-on-Avon
Wiltshire
BA15

£ 750,000 + VAT Freehold

Beef and Barge Pub for Sale Wiltshire

Friday, May 21, 2010

South London Public House For Sale











London Pub for Sale

Woodman
Kirkdale
London
Greater London
SE26

£ 500,000 + VAT
Freehold

The Woodman Pub for Sale

Tesco Calls For Minimum Price For Alcohol

Tesco calls time on cut-price booze

In a surprising step, just before the World Cup, the UK's top retailer Tesco has welcomed a promise by the coalition government to ban below-cost sales of alcohol in England and Wales.The UK's biggest retailer goes further, saying it would back the more radical step of introducing a minimum price.

In an exclusive BBC interview, Lucy Neville-Rolfe, Tesco's director for corporate affairs, says in the absence of government action they have to compete on price."As a result there is lots of cheap alcohol, so we thought let's ask the government to look at should there be a minimum price for alcohol, or should there be a ban on low-cost selling.

Thursday, May 20, 2010

Hotel For Sale, South Yorkshire











Sheffield Hotel For Sale

Windsor Hotel
Southend Road
Sheffield
South Yorkshire
S2

Gross Site Area: 12438 sq/ft*

£ 75,000 + VAT
Leasehold

Lease length: Short Leasehold until May 2038 @150pa

Windsor Hotel For Sale

Public House/Development Land for Sale











Durham Pub for Sale

White Swan
Hope Street
Crook
Durham
DL15

Ground floor footplate: 1422 sq/ft*

£ 150,000 + VAT

White Swan Pub for Sale

Wednesday, May 19, 2010

Pub and Land for Sale Market Drayton, Shropshire








Shropshire Property for Sale

Squirrel
Wollerton
Market Drayton
Shropshire
TF9

Gross Site Area: 18387 sq/ft*

£ 225,000 + VAT
Freehold

Squirrel Pub for Sale Market Drayton

Tuesday, May 18, 2010

Licensing Control to Return to Home Office

Control of licensing is to return to the Home Office under the new coalition Government, a senior Tory source has told the Morning Advertiser.

Rumours that the Conservatives wanted to put the Home Office, the law-and-order department, back in charge of licensing were circulating before the election. These were stoked by the party telling the MA it wanted to "rationalise" the number of departments that deal with pubs in March.

The Department for Culture, Media & Sport was put in control of licensing under Tony Blair's Government, which pushed through the Licensing Act.

The Conservatives have said they want to "overhaul" alcohol licensing and moving the brief to the Home Office could be said to signal a tougher approach.

The well-placed Conservative Party source told the MA: "The licensing brief has been taken over to the Home Office."

The claim has been supported by the fact that the licensing brief has not been allocated to any of the new DCMS ministers flagged up on the department's website.
A Home Office spokeswoman was unable to confirm the claim.

Welsh Valley Pub for Sale









Property For Sale Wales

Wattson Town
Aberllechau Road
Porth
Rhondda, Cynon, Taff
CF39

Gross Site Area: 6910 sq/ft*

£ 150,000

Public house/development land for sale subject to an occupational tenancy until Feb 2013 at a current of £8,378pa. In addition the purchaser will have the benefit of substantial additional income from beer sales.

Unconditional offers are invited for our clients unencumbered interest.

The property represents excellent value for continued licensed use / owner occupation. There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

Wattson Town Pub for Sale

Monday, May 17, 2010

UK Pubs For Sale; New Instructions for May 2010

We have this afternoon been instructed on 24 new pubs across the UK
(detailed below).

Locations include: Greater Manchester, Midlands, Lancashire, Cheshire, Sheffield, Norfolk, London, Lincolnshire, South Yorkshire, Flintshire, Suffolk, Buckinghamshire, Kent, Suffolk, Oxfordshire, Shropshire, Essex,Rhondda and Durham

A number of the properties have exciting investment and development angles
and will be very sold quickly without prolonged marketing.

So no time to ponder, click on the pub name links below to be diverted to
our website for further information.

Contact me in the office 0207 644 2307 with any queries or to arrange
viewings..

Pub Trade Fear The Emergency Coalition Budget

The Publican is Reporting that the first Budget under the new coalition government will be unveiled on June 22.

Chancellor George Osborne today confirmed the date of the emergency Budget, which the Tories had promised within 50 days of taking power.

Many in the pub trade fear a hike in VAT will be included in Osborne’s first Budget speech in Parliament.

During an interview on the BBC’s Andrew Marr show yesterday, Prime Minister David Cameron did not rule out a rise in VAT.

On alcohol duty, it remains unclear whether the government will push ahead with Conservative plans to raise taxes on super-strength beers, ciders and “alcopops”.

The Lib Dems previously promised to review the system around alcohol tax to ensure it tackles “binge-drinking”, without “unfairly penalising responsible drinkers, pubs and important local industries”.

They also vowed to review the beer duty escalator and “explore the possibility” of a preferential rate of duty for draught beer.

However Osborne said today the “bulk” of measures to reduce the deficit would be spending cuts, not tax rises.

Pub for Sale Braintree, Essex












Essex Property For Sale

Swan
Bank Street
Braintree
Essex
CM7

Gross Site Area: 6998 sq/ft*

£ 500,000 + VAT

Swan Pub for Sale Essex

Sunday, May 16, 2010

Freehold Pub for Sale Sheffield, South Yorkshire












Sheffield Pub for sale

Fox & Duck
Sheffield Road
Tinsley, Sheffield
South Yorkshire
S9

Gross Site Area: 8287 sq/ft*

£ 300,000 Freehold

Fox and duck Pub for Sale

Saturday, May 15, 2010

Bacup Pub for Sale, Lancashire











Lancashire Pub for Sale

Commercial
Newchurch Road
Bacup
Lancashire
OL13

Gross Site Area: 3073 sq/ft*

£ 225,000 + VAT Freehold

Bacup Freehold Pub for Sale

Friday, May 14, 2010

Great British Beer Festival

Britain's biggest beer festival will take place 3-7 August 2010 at Earls Court, London.

The Great British Beer Festival at Earls Court, Britain's biggest beer festival, once again brings together a wide range of real ales, ciders, perries and international beers.

There's plenty to occupy you at the festival, you can play on some traditional pub games, enjoy live music, sample some food, including good traditional pub snacks, and also attend tutored beer tastings.

Freehold Pub for Sale Congleton, Cheshire











Cheshire Pub for Sale

Durham Ox
West Street
Congleton
Cheshire
CW12

Gross Site Area: 3668 sq/ft*
£ 200,000

Durham Ox Pub for Sale

Leasehold Pub for Sale Birmingham












West Midlands Property for Sale

Bash Bar
New Street
Birmingham
West Midlands
B2

Gross Site Area: 1531 sq/ft*

£ 25,000 + VAT Leasehold

Bash Bar For Sale Birmingham

Thursday, May 13, 2010

Greater Manchester Pub for Sale











Wigan Leasehold Pub for Sale

Balmoral Hotel
Hindley
Wigan
Greater Manchester
WN2

Gross Site Area: 4714 sq/ft*

£ 175,000 Leasehold

The Balmoral Pub For Sale, Wigan

CAMRA Urges Pubs Minister Appointment

This morning, CAMRA wrote to the new Prime Minister, seeking the appointment of a Minister for Pubs. The appointment would help boost the protection of pubs, which play a vital role in the economic, social and cultural life of the nation, yet are closing at a rate of six a day.

CAMRA has highlighted that there are many exceptionally well qualified candidates for such a post, including Greg Mulholland MP and Nigel Evans MP. Greg Mulholland MP is the winner of CAMRA's 2010 Parliamentarian of the Year Award and Chair of the All Party Parliamentary Save The Pubs Group. Nigel Evans MP is Vice Chair of the All Party Parliamentary Beer Group and co-chaired the Group's Community Pub Inquiry.

Mike Benner, CAMRA Chief Executive said:

"It is a positive sign that the new Prime Minister chose to enjoy a pint in his local community pub on Election Night. CAMRA hopes that the new Government will include a Minister for Pubs tasked with safeguarding the future of the nation's pubs.

"A dedicated Minister for Pubs is vital to ensure that the fate of community pubs does not fall through the gaps between these Government Departments."

CAMRA is encouraging its 110,000 members to contact the Prime Minister and Deputy Prime Minister (camerond@parliament.uk and cleggn@parliament.uk respectively) and ask them to support the reappointment of a Minister for Pubs.

Wednesday, May 12, 2010

Pub with Development Land For Sale











Freehold Property for Sale with full Vacant Possession

Reindeer Inn
Westbury
Brackley
Buckinghamshire
NN13

Gross Site Area: 15644 sq/ft*

£ 325,000 + VAT Freehold


Reindeer Pub for Sale Buckinghamshire

Tuesday, May 11, 2010

Freehold Pub for Sale Wiltshire











Wiltshire Pub for Sale

Greyhound
North Street
Pewsey
Wiltshire
SN9

Gross Site Area: 14046 sq/ft*

£ 350,000 + VAT Freehold

Greyhound Pub for Sale Wiltshire

Saturday, May 08, 2010

Lowestoft Pub for Sale, Suffolk












Suffolk Pub for Sale

New Globe Inn
High Street
Lowestoft
Suffolk
NR32

Gross Site Area: 8091 sq/ft*

£ 400,000 + VAT Freehold

New Globe Inn Pub For Sale, Suffolk

Tuesday, May 04, 2010

Southampton Leasehold Pub for Sale, Hampshire








Hampshire Pub for Sale

Bevois Town Hotel
Middle Street
Southampton
Hampshire
SO14

£ 400,000 + VAT
Leasehold Lease length: Long Leasehold 1000 years from 24 June 1858

Bevois town Hotel For Sale Southampton

Friday, April 30, 2010

Regulars Celebrate Bulldozed Pub

A Crewe pub which was bulldozed in the 80s opened for business again at the weekend – with a celebration spread across five town pubs.Ye Olde Chetwode Arms stood opposite St Paul’s Church on the High Town crossroads but was controversially bulldozed in May 1980 to make way for the West Street extension.

Thirty years on, former regular Steve Willett organised a reunion for customers, staff and their friends and family.Steve said: “It was such a popular pub that people continued talking about it 30 years later and I wanted the younger generation to know what the fuss was all about. I thought the best way forward was to recreate the atmosphere, with music and traditional pub games.”

Thursday, April 29, 2010

Yorkshire Pubs Top UK Tourist Attraction

The Publican reports that the British Beer & Pub Association calls for pubs that bring tourists to the county to step forward

Pubs in Yorkshire are being urged to enter an awards ceremony for top tourist attractions in the area.

The British Beer & Pub Association (BBPA) is sponsoring the Pub of the Year category in the White Rose Awards, which is looking for the pub that best represents the county.

Lee Le Clercq, the BBPA's regional secretary for the North, said: “There’s no shortage of wonderful pubs in Yorkshire. Whether you’re looking for buzzing city centre venues, relaxing cosy locals, architectural gems, scenic wonders, ghostly apparitions or award-winning menus, God's Own County has them all. But if you don't enter, you can't be a winner.”

Last year the title was won by Ashley and Kelly McCarthy of Ye Old Sun Inn at Colton.

The pair recently celebrated even more success when they were named Publicans of the Year at the Publican Awards.

Wednesday, April 28, 2010

Pub Food boosts UK Brewery Profits

British pubs group Greene King Plc said it is confident of meeting its full-year profit forecasts, boosted by strong sales of food, although it remains cautious on the outlook for consumer spending reports Reuters today

Greene King, which has around 2,500 pubs in England and Scotland, said in a trading update on Wednesday that retail like-for-like sales were up 3.6 percent in the 49 weeks to April 11, boosted by strong food sales and a good trading performance at its Hungry Horse and Old English Inns brands.

The firm added that it saw second-half margins being broadly in line with last year and said this year's acquisitions were trading ahead of expectations.

In brewing, the company said it had continued to outperform the market, with own-brewed sales volumes up 3.9 percent.

However, Greene King said it remained cautious for the remainder of 2010 "as election uncertainty, rising taxes, public sector cutbacks and fragile consumer confidence may continue to limit consumer spending".

Friday, April 23, 2010

Pub for Sale Bath Somerset












Somerset Pub for Sale

Horseshoe Bath
North Road, Combe Down
Bath
Somerset
BA2

Gross Site Area: 4901 sq/ft*

£ 250,000 + VAT Freehold

Horseshoe Pub for Sale Bath BA2

Wednesday, April 21, 2010

Manchester Pub For Sale











Greater Manchester Pub For Sale

Gorton Mount
Mount Road
Manchester
Greater Manchester
M18

Gross Site Area: 8490 sq/ft*

£ 250,000 + VAT
Leasehold

Lease length: Long Leasehold 999 years from 1924 @ £45 pa

Gorton Mount Pub for Sale Manchester

Tuesday, April 20, 2010

Leasehold Pub for Sale Manchester










Greater Manchester Pub For Sale

Green Windmill (Moulin Rouge)
Arndale Centre, Stretford
Manchester
Greater Manchester
M32

£ 0 + VAT
Leasehold
Lease length: Long Leasehold expires 2031 @ £9,000 Pa

Green Windmill Pub for Sale Manchester

Tuesday, April 13, 2010

Pubs urged to engage with would-be MPs

BBPA produces action kit for members

A trade body is urging licensees to engage with election candidates prior to May 6 as part of a bid to “challenge misconceptions” and talk-up the industry.

The Publican reports that the British Beer & Pub Association (BBPA) has produced an “action kit” for its members with ideas on how to make the most of a “crucial opportunity” before the election.

It recommends licensees write to local candidates, local newspapers and organise an election hustings in their own pub.

Brigid Simmonds, BBPA chief executive, said: “The half a million of us working in the industry should use it as an opportunity to champion our cause, highlighting the contribution we make, and also to challenge misconceptions about the trade.

“It is an opportunity we must make the most of in run up to polling day.”

The BBPA also hopes to add to the 320 candidates who have already supported its I’m Backing the Pub campaign.

Saturday, April 10, 2010

South Yorkshire Pub for Sale











South Yorkshire Pub for Sale

Hallamshire
Lydgate Lane
Sheffield
South Yorkshire
S10

Gross Site Area: 6437 sq/ft*

£ 175,000 + VAT Freehold pub for sale

Hallamshire Pub for Sale

Middlesbrough Leasehold Pub for Sale
















North Yorkshire Pub for Sale

Eagle
Rothbury Road
Middlesbrough
North Yorkshire
TS3

Gross Site Area: 13477 sq/ft*

£ 55,000 + VAT
Leasehold

Lease length: Until 2057 @ £4,700 pa

The Eagle Pub for Sale Yorkshire

Friday, April 09, 2010

Sheffield Freehold Pub For Sale

















South Yorkshire Pub For Sale

Vulcan
Northern Avenue
Sheffield
South Yorkshire
S2

Gross Site Area: 17139 sq/ft*

£ 55,000 + VAT Freehold

Vulcan Pub for Sale Sheffield

Thursday, April 08, 2010

Hotel For Sale, Normanton, West Yorkshire











West Yorkshire Hotel For Sale

Norman Hotel
Queen Elizabeth Drive
Normanton
West Yorkshire
WF6

Gross Site Area: 2.2 acres*

£ 500,000 + VAT Freehold

Norman Hotel For Sale West Yorkshire

Sunday, April 04, 2010

South Yorkshire Leasehold Pub For Sale















Sheffield Pub For Sale

Magpie
Lowedges Road
Sheffield
South Yorkshire
S8

Gross Site Area: 16013 sq/ft*

£ 65,000 + VAT Leasehold

Lease length: Long Leasehold expires 2055 @ £133 pa

The Magpie Pub For Sale South Yorkshire

Thursday, March 25, 2010

Pub Group Mitchells and Butler Reveal Business Reshape Plans

Midland pubs group Mitchells & Butlers has revealed new plans to reshape the company into a food-led business – months after a boardroom coup was completed.

In a strategic review statement the group said it would expand its food-led mid-market brands Harvester, Toby Carvery, Crown Carveries, Sizzling Pub Co, Premium Country Dining and Vintage Inns.

The moves come as a plan to refocus the firm around its food offer, which includes withdrawing from primarily drinks-led operations and converting into growth brands.

The plans, which follow a 55-day strategy review headed up by new M&B chairman John Lovering, also include developing smaller town centre variants of Harvester and Toby Carvery.

Wednesday, March 24, 2010

Carlsberg launches fruit spritzer Eve with Louise Redknapp

Carlsberg UK has launched Eve, a 100% natural fruit spritzer drink into the UK market, and has signed up Louise Redknapp as the brand ambassador.

Eve, which is 3.1% ABV and lightly sparkling, is being launched exclusively into the on-trade, following a three-month trial in Manchester last year, and success in other markets across Europe including Russia and Switzerland. The brewer adds that Eve, contains 135 calories per bottle, also satisfies female requirements for drinks that are “lighter, more natural” and lower in alcohol and calories”.

Paul Davies director of brands and insight at Carlsberg UK, said: "The drinks industry has largely ignored female consumers in the on-trade for a long time, which is criminal."

He said that women were visiting pubs and bars more frequently than ever, now accounting for over £10bn of on-trade revenue.

Pubco Tells Investors it is Disposing of Around 70 Bottom-End Pubs a Month

Punch Taverns said it is on track to sell around 1,800 non-core pubs as part of a disposal programme designed to slim down its leased operation from 6,800 sites to 5,000., reports the Publican

The UK’s largest pubco, which has been selling off around 70 bottom-end pubs a month as well as packages of high-end sites to regional brewers over the past year, told a City conference hosted by stockbroker Numis Securities that it was halfway through its planned disposal programme.

The group also confirmed that its new code of practice was currently being assessed by the BII and would be published on or around April 22, when it announces its interim results.

Details of new lease agreements, likely to come into effect in the next financial year, will also be revealed around the time of its interims.

Saturday, March 20, 2010

Pub Landlords Welcome Government Support

Pub Landlords have welcomed news that the Government has set aside £4 million to help keep them running.

Pubs minister John Healey has announced a number of measures aimed at helping rural pubs including slashing “beer ties” which lock pubs into purchasing beer from the big pub companies. Other measures announced by the minister include business support to help communities buy into struggling pubs to keep them running.

Councils will also be given new powers through the planning system to intervene before a pub is demolished, giving a pause in the system for the residents to have their say.

Mr Healey said: “This package of tough, practical measures aims to put some real support behind our community pubs, giving publicans more support to diversify and punters more choice.

“Today’s measures are a much needed shot in the arm for publicans in these tough times. They will make it easier to diversify lower costs and cut red tape when it comes to branching out. It is also a boost for local communities, giving them a greater stake in the future of their local pubs often so important in bringing people together.”

Friday, March 19, 2010

Government Plans to Save the pub

The government unveiled its latest ideas to save Britain's rural pubs today, with promises of extra funding and an easing up of planning rules,reports Politics. Nearly 40 pubs are closing each week, resulting in job losses and millions of pounds lost to the economy, campaigners say. Many rural activists are also concerned the decline of the local pub will drive local communities further apart by taking away what is often the hub of local activity.

The government pledges include £3.3 million for business support to make pubs more successful and help communities buy into struggling pubs to keep them running today.
"Today's measures are a much needed shot in the arm for publicans in these tough times," said pubs minister John Healey.

"They will make it easier to diversify, lower costs and cut red tape when it comes to branching out. It is also a boost for local communities, giving them a greater stake in the future of their local pubs often so important in bringing people together."
A consultation is underway on proposals to cut the requirement for music licences in certain venues.

Councils will also be given new powers through the planning system to intervene before a pub is demolished, giving a pause in the system for the local community to have their say, government sources said.

Restrictions on sales which prevent premises continuing as pubs will be banned and planning laws reformed so pubs can branch out their business without planning permission into new commercial ventures, like restaurants or gift shops.

Thursday, March 11, 2010

Record profits for JD Wetherspoons

JD Wetherspoon has reported record first half profits of £36.2m, a 41.4 per cent rise on last year, reports The Big Hospitality.

Profit was up 17.5 per cent on a pre-exceptional basis at the 746-strong managed pub chain which also successfully carried out a refinancing deal and reintroduced a dividend.

Turnover for the 26 weeks to 24 January was up 4.1 per cent to £488.1m including sales from 17 new pubs. Like-for-like sales increased marginally by 0.1 per cent with total sales.

Wetherspoon plans to open 50 pubs this year. It will issue a dividend of 12p a share for the financial year ending 25 July.

“Sales and profits in the six months under review were at record levels, notwithstanding the immense pressure on the pub business from government legislation, thanks, above all, to the great efforts of all of our staff,” said chairman Tim Martin.

“Trading in the six weeks to 7 March 2010 continues on a similar trend to last year, with like-for-like sales down 0.4 per cent and total sales increasing by 3.9 per cent.

"As a result of our sales, profits and free cash flow, together with our continued efforts to improve every area of the business, I remain confident of our future prospects.”

Monday, March 08, 2010

Pub Development Plan Halted After BBC Investigation

Plans by the UK's biggest pub company to convert a community pub into a housing development have been halted following a BBC investigation.

Programme makers uncovered a series of inaccuracies and misleading claims in Punch Taverns' planning application for the Cross Guns pub in Birmingham.
The application, which has attracted hundreds of objections, had been due to go before the local housing committee.

Punch said its application had been made in "good faith".
But once details of the investigation by BBC Inside Out West Midlands emerged, Birmingham City Council immediately halted the application whilst the claims could be investigated.

Pub For Sale Port Talbot, Welsh Freehold Pub













Welsh Pub For Sale

Oddfellows
Glynneath
Neath
Castell-nedd Port Talbot
SA11

Gross Site Area: 2207 sq/ft*

£ 95,000 + VAT Freehold

Oddfellows Pub For Sale

Sunday, March 07, 2010

Hotel For Sale, Pontypridd, Wales










Rhondda Freehold Hotel For Sale

Hollybush Hotel
Ty Mawr Road
Pontypridd
Rhondda, Cynon, Taff
CF37

Gross Site Area: 9794 sq/ft*

£ 115,000 + VAT Freehold

Holly Hotel For Sale

Public House with Land for Sale Wales











Pub For Sale Torfaen, Wales

Bush Inn
Upper Cwmbran
Cwmbran
Torfaen
NP44

Gross Site Area: 5142 sq/ft*

£ 115,000 + VAT Freehold

Bush Inn Pub For Sale Wales

Saturday, March 06, 2010

Leasehold Pub For Sale, Manchester M22













Greater Manchester Pub for Sale

Woodpecker
Selstead Road
Manchester
Greater Manchester
M22

Gross Site Area: 19978 sq/ft*

£ 100,000 + VAT
Leasehold Lease length: Leasehold expires 2063 @ £205 Pa

Woodpecker Pub For Sale, Manchester

Friday, March 05, 2010

Pub For Sale, Market Drayton, Shropshire










Shropshire Pub For Sale

Stormy Petrel
Tern Hill
Market Drayton
Shropshire
TF9

Gross Site Area: 1.837 acres*

£ 325,000 + VAT Freehold

Market Drayton Pub For Sale, Shropshire

Thursday, March 04, 2010

Who Will Save The Pub; Question Time For MPs

The Campaign For Real Ale (CAMRA) and the Save the Pub Group will host a Question Time style "Who will Save the Pub" debate for all three main political parties the Morning Advertiser reports

Lib Dem MP Greg Mulholland, chair of the Parliamentary Save the Pub Group, will take on the David Dimbleby role.Labour has yet to confirm who will appear for them but Tobias Ellwood for the Conservatives and Don Foster for the Lib Dems will appear on the 16 March.

The event will be by invitation and will include an audience made up of members of the public from CAMRA branches as well as pub trade organisation representatives.
The panel will be asked questions submitted by CAMRA members and others about the key issues facing British pubs.

“We want the great British pub to be seriously on the agenda at the forthcoming general election and it is time for all three main parties to say what they plan to do to support and save this important British institution," said Mulholland.

“Talk, whether in the pub or in parliament is easy, but we need action, so CAMRA and the Save the Pub Group are joining forces to put the party spokespeople on the spot to tell us how they will change things to support and save the pub.”

CAMRA chief executive Mike Benner added: "There is a growing consensus on the importance of pubs as places to responsibly enjoy a drink and their contribution to community life.

"What is now needed are clear proposals on how the future of well-run community pubs can be be safeguarded."

Stoke On Trent Pub For Sale











Staffordshire Pub For Sale

Lord John Russell
Waterloo Street
Stoke-on-Trent
Staffordshire
ST1

Gross Site Area: 4202 sq/ft*

£ 215,000 + VAT Freehold

Lord John Russel Pub For Sale

Wednesday, March 03, 2010

Pubs For Sale in the UK



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

Paramount Investments also specialise in the sale of commercial, licensed, industrial, leisure, office, retail, residential, healthcare, retirement and student freehold property for investment and redevelopment.

Web
Blog

Norfolk Public house/development land for sale with full vacant possession.













Norfolk freehold Pub For Sale

Jolly Farmers
Southery
Downham Market
Norfolk
PE38

Gross Site Area: 42112 sq/ft*

£ 230,000 + VAT Freehold Pub for Sale

Unconditional offers are invited for our clients unencumbered interest.

The property represents excellent value for continued licensed use / owner occupation.

There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents.

The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes).

Rateable value (01.04.10) - £7,725

Please note that VAT is applicable in this matter.

Jolly Farmers Pub for Sale

Thursday, February 18, 2010

CAMRA National Pub of the Year

CAMRA, the Campaign for Real Ale, has today crowned the Kelham Island Tavern, Sheffield, as its National Pub of the Year for 2009.

Last year, the Kelham Island Tavern picked up the same award, making it the first pub in CAMRA's history to win its most coveted accolade in consecutive years. Only two other pubs have ever won the award twice- the Fat Cat, Norwich (1998, 2004), and the Swan, Little Totham, Essex (2002, 2005).

CAMRA's National Pub of the Year competition analyses all the criteria that make a good pub including the quality of the beer, atmosphere, décor, customer service, and all-round value of the pub visit. The competition is overseen by CAMRA's 110,000-strong membership.

Saturday, February 13, 2010

Greene King Boosted By Increased Food Sale

Greene King, which operates 2,472 pubs and restaurants across England, Wales and Scotland, said in a Q1 pre-AGM statement today that LFL trading in it's 888 retail premises, which trade under the Hungry Horse, Old English Inns, Loch Fyne Restaurants and Eating Inn brands, was up after 18 weeks trading by 4.4% overall on last year.

Food sales are the driver for this increase, being up 8.6%, and margins have slightly improved as well, but it is a different story in the 1,584 are tenanted or leased pubs, where EBITDA is up just 0.7%, which is a creditable performance in a UK beer market which has dropped 8% in the last quarter. Volumes through it's breweries have suffered, down 4.6%, though Belhaven in Scotland bucks the trend with volume up 3%.

GK says the pubs acquired over the last year are trading very well, but the outlook is uncertain with a number of significant headwinds, including public sector cuts, benefits reform and the impending VAT rise, are likely to affect future household spending.

Greene King shares closed last night at 428.8p valuing the company at £927 million.

Wednesday, February 10, 2010

Uk Pub Closure: Co-Ops Can Save Local Pubs

A year ago one Cumbrian pub was on the verge of closure, but following a TV intervention and a prestigious award, the local community is gearing up to buy it.

The Greyhound at Grizebeck was taken over by locals in January 2009, when it starred in UKTV Blighty show Save Our Boozer. Now locals are setting up a co-operative in order to buy the freehold, and have begun negotiations with the owners.

One year ago, a film company arranged a community meeting, to which 60 out of the 200 villagers turned up, and the end result was that the community agreed to run the pub on a leasehold basis.Initially staffed by volunteers, the business now employs two chefs, a manager and five bar staff.

Vic Dunkley, a former licensee and now member of the steering committee, said the pub was taking just £300 a week when they took it over, but weekly turnover has now increased to £2,300. It peaked at £6,000 per week at the height of summer.To top off its success, the pub has just been awarded Britain’s Best Traditional Business by the Countryside Alliance, in a nationwide competition judged by an expert panel including celebrity chef Clarissa Dickson Wright.

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

Sunday, December 28, 2008

Mortgages in the UK December 2008

We are rapidly heading towards the end of a year many in the mortgage world will want to forget. To celebrate this year of extraordinary events the Bank of England have decided to lower the Bank of England base rate to 2%, a rate not seen since 1951. This is also equal to the lowest rate seen since the creation of the Bank of England in 1694.

If we are to believe what the commentators say, we should be heading down to a Base Rate of 1% in 2009 - totally new territory for everyone in the UK – as the Government tries to fight the UK’s current economic plight.

It all seems counter intuitive to many people – if the economy has got into this position because of the availability of cheap credit - then to offer record equalling cheap rates seems like madness. However, most lenders are not really in the mood to lend, so whilst rates are cheaper, credit is generally hard to get.

The Banks’ balance sheets have been trashed by their exposure to losses in the US sub-prime market. After the Government’s injection of cash into the banks, it is in all our interests (as we now own part of most major banks in the UK) for these banks to start to make profits rapidly. These profits will create a large tax take for the Government (and therefore us) and will also lead to the raising of bank share prices (which once again is good for the Government and us, if they subsequently sell the shares back into the market).

The problem facing the Treasury, the Bank of England, the FSA and the boards of these banks is to get the balance right between improving balance sheets and, improving the rates available to borrowers. Cheaper mortgage rates will stem the falls in house prices (unless unemployment grows substantially) and fuel a spending boom which will in turn allow the economy to come out of recession faster. Meanwhile the papers continually castigate the Banks if they do not pass on the full base rate cuts to borrowers. They don't spare a thought for the savers whose income is generated from their savings within the same banks -savers are now suffering badly.

The problem in the housing market can be improved, not by dropping new mortgage rates to the lowest in history, but by making reasonably priced mortgages available at 90% or 95%. Currently the very few 90% ltv products on the market are at around 6% (4% over base) and there are no 95% loans to be seen.

This lack of more affordable products is stopping first time buyers come to the market unless they have a 15% to 20% deposit.

We believe it is important for the Government to put pressure on the lenders to make higher loan to value mortgages available. This will encourage borrowers to have faith in the fact that house price falls are coming to an end and, that they can afford to venture into the property market and not expect to make much of a loss

Friday, December 12, 2008

Mortgage lenders abandon house price forecasts for 2009

Two of the UK’s biggest mortgage lenders, the Halifax and Nationwide, have said they are not going to produce house price forecasts for 2009. Halifax says that the forecast would be inappropriate as Halifax’s owners the HBoS will not exist next year due to the Lloyds TSB takeover.

The Nationwide are more open about the reason for stopping their monthly forecast. A spokesman told the BBC: “Things are changing so rapidly in the market that it makes it difficult to call.” They went on to say that once the housing market has settled down next year, they may be in a position to review this decision.

The Halifax monthly house price forecast has been published since 1983 and the Nationwide started in 1991. Some will see this as worrying news, but most realise that these forecasts do little to improve confidence in the market.

Wednesday, September 03, 2008

City Centre Pubs For Property Redvelopment

As a property investment or development opportunity, empty city and town centre freehold pubs may present excellent value. There are just over 57,000 pubs in the UK today, compared with 69,000 in 1980.

The British Beer & Pub Association estimates that four UK pubs are shutting down every day and that the rate of closures is 14 times faster than in 2005.

Recent price cuts caused by Pub Companies offloading unprofitable, struggling, run down or vacant pubs, are tempting entrepreneurs to look at the potential locked up in sites previously thought too expensive to run as a pub or redevelop into flats or apartments for residential housing.

Experienced buy to let property investors are noticing the niche and are now becoming buy to let property developers.

These type of freehold pubs often occupy prime locations with spacious yards, gardens and out buildings and offer excellent change of use and property re-development opportunities.

Investors can purchase investment properties at minimum cost and add instant value to create immediate capital growth through refurbishments or comprehensive modernisation and maximise rental cash flow

Tuesday, August 26, 2008

Abbey reduce rates again

Abbey have today made their twenty-sixth mortgage re-price of the year, with the announcement that they are to cut the cost of their two, three and five-year fixed rates.
The UK’s second largest lender, Abbey is responding to the news that Halifax reduced their mortgages by up to 0.35% last week.

This is the first time in the last twelve months that competition for mortgage business has started to hot up.

Simon Tyler, Managing Director of Chase De Vere says: “After a massive drop in lending, the big banks and building societies are now extremely keen to lend funds to the right borrowers and, they will do it at extremely competitive rates.

“Chase De Vere has access to some fantastic exclusive deals. There are now real savings to be made by those looking to remortgage”.

21/08/08

Friday, August 01, 2008

UK Mortgage Market

After 9 months of uncertainty the fallout from the Northern Rock debacle finally hit the mainstream mortgage market in May. During the early Post Northern Rock months it was those with adverse credit history and mortgage brokers that needed Sub Prime mortgages who felt the squeeze. But mortgage lender’s started to tighten their lending criteria and, one by one, retired from the market.

Mainstream mortgages became more expensive and criteria less flexible during the first four months of 2008. Borrowers became increasingly aware that mortgages were becoming more difficult to arrange. And finally, in May, the whole of the UK’s mortgage broking community juddered to a halt as the market hit the bottom of this cycle. read more