Pub for sale Vale of Glamorgan, Wales
Cogan Hotel
51 Hewell Street
Penarth
Vale of Glamorgan
CF64 2JZ
Gross Site Area: 3373 sq/ft*
£ 250,000 + VAT
Freehold Hotel for Sale Penarth Wales
Sunday, January 30, 2011
Pub for Sale Penarth At Reduced Price
Pub for sale Vale of Glamorgan, Wales
Cogan Hotel
51 Hewell Street
Penarth
Vale of Glamorgan
CF64 2JZ
Gross Site Area: 3373 sq/ft*
£ 250,000 + VAT
Freehold Hotel for Sale Penarth Wales
Saturday, January 29, 2011
Gwent Pub for Sale Reduced to £110,000
Welsh Pub for Sale at Reduced Price
Ruperra Arms
Ruperra Street
New Tredegar
Gwent
NP24 6AG
Gross Site Area: 7699 sq/ft*
£ 110,000 + VAT Freehold
Ruperra Arms Pub for Sale, Gwent
Thursday, January 27, 2011
Hotel for Sale Rhondda, Cynon, Taff, Wales
Reduced Price Hotel for Sale Rhondda
Wattstown Hotel
Aberllechau Road
Porth
Rhondda, Cynon, Taff
CF39 0PB
Gross Site Area: 6910 sq/ft*
£ 110,000 + VAT
Freehold Hotel for Sale, Rhondda, Cynon, Taff
Wednesday, January 26, 2011
Congleton Pub for Sale Cheshire
Public house/development land for sale, Congleton, Cheshire
Rose & Crown
West Road
Congleton
Cheshire
CW12 4ES
Gross Site Area: 4963 sq/ft*
£ 175,000 + VAT
Freehold Cheshire Pub for Sale Congleton
Tuesday, January 25, 2011
London Pub Conversions Letting
Flat for Rent Dyne Road, London, NW6
This very attractive two double bedroom flat on the ground floor of a Victorian conversion, has just become available. Situated moments from the very busy Kilburn High Road and the amenities and transport links offered there, the property offers a fitted kitchen with,modern appliances and a fully tiled three piece bathroom along with a good sized reception and two double bedrooms. Available early February, part furnished
NW6 Flat for Rent
Monday, January 24, 2011
Pub for Sale At Reduced Price, Wales
Reduced Price Pub for Sale Wales
New Beethoven
81 Castle Street
Maesteg
Pen-y-bont ar Ogwr
CF34 9YL
Gross Site Area: 4449 sq/ft*
£ 190,000 + VAT
Freehold
New Beethoven Pub for Sale Wales
Hotel For Sale, Tonypandy, Rhondda, Wales
Reduced Price Hotel For Sale, Tonypandy, Rhondda, £150,000
Royal Hotel
Brithweunydd Road
Tonypandy
Rhondda, Cynon, Taff
CF40 2UD
Gross Site Area: 8640 sq/ft*
£ 150,000 + VAT
Freehold Hotel Pub for Sale, Tonypandy Rhondda
Sunday, January 23, 2011
42% Spending Less at the Pub
A new study has found 42% of drinkers are spending less in pubs than six months ago, reports the Morning Advertiser.
Corporate advisory firm Zolfo Cooper’s bi-annual Leisure Wallet report, which combines analysis of the spending habits of more than 3,000 consumers carried out in November, found signifcant falls in leisure spend across vitually all sectors.
The only sector to witness a net increase in spend, albeit 1%, was gyms. Elsewhere the declines are in many cases steep, with 42% of drinkers spending less in pubs and bars than six months ago. Within the restaurant sector 41% of diners are spending less than before, as are 45% of clubbers.
The frequency with which people visit leisure venues is also in sharp decline with 43% eating outside the home less often, and 48% drinking outside the home less often.
Almost two-thirds of clubbers, 61%, are going less often than they were just six months ago, confirming the late night sector’s travails highlighted by industry leader Luminar’s recent financial results. Even among the key 18-24 year-olds, among whom clubbing is more widespread, some 55% say they are clubbing less often, with entry costs cited as a major deterrent.
Around a quarter (24%) of those aged 18 to 24 years old said they had increased their in-home leisure spend in the past six months, while the over 55s was the only age range where the amount of people saying their out of home leisure spend hadn’t been affected outstripped those that said it had.
Corporate advisory firm Zolfo Cooper’s bi-annual Leisure Wallet report, which combines analysis of the spending habits of more than 3,000 consumers carried out in November, found signifcant falls in leisure spend across vitually all sectors.
The only sector to witness a net increase in spend, albeit 1%, was gyms. Elsewhere the declines are in many cases steep, with 42% of drinkers spending less in pubs and bars than six months ago. Within the restaurant sector 41% of diners are spending less than before, as are 45% of clubbers.
The frequency with which people visit leisure venues is also in sharp decline with 43% eating outside the home less often, and 48% drinking outside the home less often.
Almost two-thirds of clubbers, 61%, are going less often than they were just six months ago, confirming the late night sector’s travails highlighted by industry leader Luminar’s recent financial results. Even among the key 18-24 year-olds, among whom clubbing is more widespread, some 55% say they are clubbing less often, with entry costs cited as a major deterrent.
Around a quarter (24%) of those aged 18 to 24 years old said they had increased their in-home leisure spend in the past six months, while the over 55s was the only age range where the amount of people saying their out of home leisure spend hadn’t been affected outstripped those that said it had.
Friday, January 21, 2011
Pubcos Restrictive Covenants Review Welcomed
Pub campaigners have backed a Government review into a controversial restrictions used by Breweries which prevents sold-off pubs re-opening.
Pubs Minister Bob Neill has ordered a public consultation into restrictive covenants after saying the practice deprived communities of ‘important places to get together’.
Restrictive covenants are used by the seller of a pub to prevent the buyer from continuing to run the premises as a pub. This practice is used to restrict competition in local areas and deprives our communities of their pubs. Between 2004 and 2009 almost 600 pubs were sold with restrictive covenants.
This is a great step forward in this campaign which CAMRA has been fighting for 30 years, and a great success for localism. The move shows that Government recognises that pubs are vital community assets that need to be protected.
Pubs Minister Bob Neill has ordered a public consultation into restrictive covenants after saying the practice deprived communities of ‘important places to get together’.
Restrictive covenants are used by the seller of a pub to prevent the buyer from continuing to run the premises as a pub. This practice is used to restrict competition in local areas and deprives our communities of their pubs. Between 2004 and 2009 almost 600 pubs were sold with restrictive covenants.
This is a great step forward in this campaign which CAMRA has been fighting for 30 years, and a great success for localism. The move shows that Government recognises that pubs are vital community assets that need to be protected.
Thursday, January 20, 2011
Greater London Pub for Sale N19
London Leasehold Pub for Sale
New Brunswick
Dartmouth Park Hill
London
Greater London
N19
Ground floor footplate: 5210 sq/ft*
£ 190,000 + VAT
New Brunswick Pub for Sale London N19
Wednesday, January 19, 2011
JD Wetherspoons Reports Sales Growth Despite Weather
Watford-based pub chain JD Wetherspoon plans to open about 50 pubs in this financial year, it said this morning in a trading update. Wetherspoon, the first major pub company to report on Christmas and New Year trading, said heavy snow across the country had impacted sales but the effect on its comparative performance had been minimal because it was offset by similarly bad weather hitting sales in January last year.
Like for like sales for the 12 weeks to 16 January rose 3%, up from 1.6% in the first quarter and much better than the flat performance predicted by some analysts. That means like for like sales are up 2.3% so far this financial year.
Like for like sales for the 12 weeks to 16 January rose 3%, up from 1.6% in the first quarter and much better than the flat performance predicted by some analysts. That means like for like sales are up 2.3% so far this financial year.
Friday, January 14, 2011
Pub for Sale Farnworth, Bolton
Pub for sale Bolton, Greater Manchester
Church Inn
George Street
Farnworth, Bolton
Greater Manchester
BL4
Gross Site Area: 5206 sq/ft*
£ 150,000 + VAT
Freehold
Church Inn Pub For Sale, Bolton
Thursday, January 13, 2011
Salford Pub for Sale, Greater Manchester
Greater Manchester Pub for Sale
Carlton Tavern
Camp Street
Salford
Greater Manchester
M7
Ground floor footplate: 1748 sq/ft*
£ 80,000 + VAT
Freehold
Carlton Tavern Pub for Sale, Salford
Wednesday, January 12, 2011
Royal Wedding Licensing Hours Relaxed
The BBC has reported that pubs in England and Wales will be allowed to stay open longer for the royal wedding, ministers are expected to announce.
Landlords will be able to extend their opening hours up to 0100 BST across two nights without needing permission from local licensing authorities.
Prince William and Kate Middleton are due to get married at Westminster Abbey on Friday 29 April.
Their marriage will be marked with a public holiday across the UK.
Brigid Simmonds, chief executive of the British Beer & Pub Association, said: "This is great news, and it is really good to see the government recognising that this is a brilliant opportunity for us all to get together in the pub, to celebrate a great national event.
"With state-of-the art TV, great food and hospitality, pubs will be right at the heart of the royal wedding celebrations, and are the perfect place to enjoy the day."
Landlords will be able to extend their opening hours up to 0100 BST across two nights without needing permission from local licensing authorities.
Prince William and Kate Middleton are due to get married at Westminster Abbey on Friday 29 April.
Their marriage will be marked with a public holiday across the UK.
Brigid Simmonds, chief executive of the British Beer & Pub Association, said: "This is great news, and it is really good to see the government recognising that this is a brilliant opportunity for us all to get together in the pub, to celebrate a great national event.
"With state-of-the art TV, great food and hospitality, pubs will be right at the heart of the royal wedding celebrations, and are the perfect place to enjoy the day."
Tuesday, January 11, 2011
Hotel for Sale Tibshelf Derbyshire,
Derbyshire Pub for Sale in Tibshelf
Wheatsheaf Hotel
High Street
Tibshelf, Alfreton
Derbyshire
DE55
Gross Site Area: 16314 sq/ft*
£ 275,000 + VAT
Freehold
Wheatsheaf Hotel for Sale Tibshelf Derbyshire
Sunday, January 09, 2011
Pub Rental Valuation Guide Published by RICs
Prospective landlords thinking of renting a pub may be interested to hear that the Royal Institute of Chartered Surveyors (RICS) has published guidance on rental valuations.
Drafted by a number of industry experts, the guidance comes as a response to MPs on the Business, Innovations and Skills Committee calling for a clarification of rent assessment processes.
While the advice is not legally binding, RICS suggests that if surveyors are sued for negligence, courts may take note if the defendant did not follow the guidance.
"In the opinion of RICS, members conforming to the practices recommended in this guidance note should have at least a partial defence to an allegation of negligence by virtue of having followed those practices," the organisation said.
"However, members have the responsibility of deciding when it is inappropriate to follow the guidance. If it is followed in an inappropriate case, the member will not be exonerated merely because the recommendations were found in an RICS guidance note."
Licensed property news
Drafted by a number of industry experts, the guidance comes as a response to MPs on the Business, Innovations and Skills Committee calling for a clarification of rent assessment processes.
While the advice is not legally binding, RICS suggests that if surveyors are sued for negligence, courts may take note if the defendant did not follow the guidance.
"In the opinion of RICS, members conforming to the practices recommended in this guidance note should have at least a partial defence to an allegation of negligence by virtue of having followed those practices," the organisation said.
"However, members have the responsibility of deciding when it is inappropriate to follow the guidance. If it is followed in an inappropriate case, the member will not be exonerated merely because the recommendations were found in an RICS guidance note."
Licensed property news
Saturday, January 08, 2011
Pub for sale West Midlands, Pub for sale Princes End, Tipton
West Midlands Pub for Sale
Shepherds Cottage
High Street
Princes End, Tipton
West Midlands
DY4
Gross Site Area: 10895 sq/ft*
£ 120,000 + VAT
Freehold
Shepherds Cottage Pub for Sale
Friday, January 07, 2011
Pub for sale Deeside, Flintshire, Pub for sale Connah's Quay
Pub for sale Connah's Quay, Flintshire
Ship Inn
High Street
Connah's Quay
Deeside, Flintshire
CH5
Ground floor footplate: 2010 sq/ft*
£ 125,000 + VAT
Freehold
Ship Inn For Sale Deeside, Flintshire
Thursday, January 06, 2011
Liverpool Pub for Sale
Pub for Sale, Merseyside
Claremont
Lower Breck Road
Liverpool
Merseyside
L6
Gross Site Area: 1765 sq/ft*
£ 215,000 + VAT Freehold
Claremont Pub for Sale Liverpool, Merseyside
Wednesday, January 05, 2011
Stoke on Trent Leasehold Pub for Sale, Staffordshire
Leasehold Pub for Sale Stoke
Thurston
Dividy Rad
Stoke-on-Trent
Staffordshire
ST2
Gross Site Area: 14477 sq/ft*
£ 175,000 + VAT Leasehold
Thurston Pub for Sale Stoke On Trent, Staffordshire
Tuesday, January 04, 2011
UK Pub Jobs Hit By VAT Increase
The VAT increase which came into force today will lead to the typical cost of a pint of beer in a pub breaking through the £3 barrier for the first time, said The British Beer & Pub Association
The increase in VAT to 20 per cent would add a further 6p to the cost of a pint of beer, on top of the 26 per cent rise in beer tax seen during the past two years.
It warned that the "double whammy" of the increase to duty and VAT was placing "shackles" on the pub and hospitality sector, and it urged the Government to abandon plans for further beer tax increases.
The warning comes as nervous retailers promise to absorb or delay today's 2.5 per cent VAT hike but admit they can only defer higher prices for so long.
The BBPA said the tax increase would hit pubs, in which beer is the key seller, more than other retailers, as many are small, family-run businesses, which are less able to absorb the cost than big supermarkets.
Research carried out for the group by Oxford Economics suggests that the VAT increase will lead to the loss of around 8,800 jobs related to the sale of beer.
The increase in VAT to 20 per cent would add a further 6p to the cost of a pint of beer, on top of the 26 per cent rise in beer tax seen during the past two years.
It warned that the "double whammy" of the increase to duty and VAT was placing "shackles" on the pub and hospitality sector, and it urged the Government to abandon plans for further beer tax increases.
The warning comes as nervous retailers promise to absorb or delay today's 2.5 per cent VAT hike but admit they can only defer higher prices for so long.
The BBPA said the tax increase would hit pubs, in which beer is the key seller, more than other retailers, as many are small, family-run businesses, which are less able to absorb the cost than big supermarkets.
Research carried out for the group by Oxford Economics suggests that the VAT increase will lead to the loss of around 8,800 jobs related to the sale of beer.
Monday, January 03, 2011
Pub Closures Loophole up for Review
The unpopular legal clause which allows large pub companies to restrict the uses of pubs after their closure will be reviewed, ministers have announced.'Restrictive covenants' are argued to damage competition and prevent communities saving their local pub.
Pubs minister Bob Neill announced there would be a public consultation on the issue next year, with the possibility of scrapping the clause entirely.He said: "The pubs and clubs in our community can be the heart and soul of a town, village or street and many of us will be heading off to our local this evening to celebrate the new year.
"For too long now communities have felt shut out when rules prevent a building being used again as a public house or community club. I want to stop that and put local people in charge.
"By reviewing the use of this restrictive piece of red tape it is another boost for localism and means that communities could use their collective powers to keep important hubs of community life open."The government agreed to the consultation after three local authorities called for a review of restrictive covenants.Under the localism bill announced earlier this month, local community groups will be able to bid for the running of under-threat pubs under a 'right to buy' scheme.
Assets deemed 'vital' to the community will be submitted to councils, who will then place them on a list of sites with a moratorium on closures to allow communities to develop a bid.The news of the review will make such local bids more likely to succeed and was greeted warmly by pressure groups unhappy with the current loopholes - which they say favour larger companies.
Mike Benner, chief executive of the Campaign for Real Ale, said it was a "victory for people power"."Restrictive covenants are used by pub companies to deprive local communities of their pubs, at a time when 29 pubs are closing every week," he added.
"This announcement that the government will consult on the use of restrictive covenants is a great success for localism, and shows that government recognises that pubs are vital community assets that need to be protected."For the new community right to buy scheme announced in this week's Localism Bill to work, pubs need to be available for communities to keep open."
Pub closures loophole up for review - politics.co.uk
Pubs minister Bob Neill announced there would be a public consultation on the issue next year, with the possibility of scrapping the clause entirely.He said: "The pubs and clubs in our community can be the heart and soul of a town, village or street and many of us will be heading off to our local this evening to celebrate the new year.
"For too long now communities have felt shut out when rules prevent a building being used again as a public house or community club. I want to stop that and put local people in charge.
"By reviewing the use of this restrictive piece of red tape it is another boost for localism and means that communities could use their collective powers to keep important hubs of community life open."The government agreed to the consultation after three local authorities called for a review of restrictive covenants.Under the localism bill announced earlier this month, local community groups will be able to bid for the running of under-threat pubs under a 'right to buy' scheme.
Assets deemed 'vital' to the community will be submitted to councils, who will then place them on a list of sites with a moratorium on closures to allow communities to develop a bid.The news of the review will make such local bids more likely to succeed and was greeted warmly by pressure groups unhappy with the current loopholes - which they say favour larger companies.
Mike Benner, chief executive of the Campaign for Real Ale, said it was a "victory for people power"."Restrictive covenants are used by pub companies to deprive local communities of their pubs, at a time when 29 pubs are closing every week," he added.
"This announcement that the government will consult on the use of restrictive covenants is a great success for localism, and shows that government recognises that pubs are vital community assets that need to be protected."For the new community right to buy scheme announced in this week's Localism Bill to work, pubs need to be available for communities to keep open."
Pub closures loophole up for review - politics.co.uk
Sunday, January 02, 2011
Stapleford Pub for Sale, Nottinghamshire
Freehold Pub for Sale Nottingham
New Kent
Derby Road
Stapleford, Nottingham
Nottinghamshire
NG9
Gross Site Area: 27300 sq/ft*
£ 550,000 + VAT
Freehold
Vacant freehold public house and 3 bedroom detached cottage for sale with full vacant possession.
The public house has a ground floor area of circa 4,000 sqft and sits on approximately 27,000 sqft. The cottage has a gross internal area of approximately 1200 sqft.
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).
Nottingham Pub for Sale
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