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.
Thursday, February 18, 2010
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.
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.
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.
Tuesday, January 19, 2010
Tuesday, January 12, 2010
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
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
- Pubs & Hotels for sale in East Anglia
- Pubs & Hotels for sale in London
- Pubs & Hotels for sale in the Midlands
- Pubs & Hotels for sale in North East England
- Pubs & Hotels for sale in North West England
- Pubs & Hotels for sale in Scotland
- Pubs & Hotels for sale in South West England
- Pubs & Hotels for sale in South East England
- Pubs & Hotels for sale in Wales
- Pubs & Hotels for sale in Yorkshire
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
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.”
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.
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
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
Thursday, September 10, 2009
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
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...
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
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
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