Saturday, July 31, 2010

West Midlands Pub For Sale, Birmingham













Birmingham Pub For Sale

Sir Charles Napier
Gooch Street
Birmingham
West Midlands
B5

Ground floor footplate: 1624 sq/ft*

£ 50,000 Lease length: Leasehold 99 years from Dec 1926 @ £75 Pa

Sir Charles Napier Pub For Sale West Midlands

Friday, July 30, 2010

Merseyside Hotel For Sale












Hotel For Sale Wallasey

Shepherds Rest Hotel
Darlington Street
Wallasey
Merseyside
CH44

Gross Site Area: 9461 sq/ft*

£ 250,000 + VAT
Freehold

Shepherds Rest Hotel For Sale, Wallasey, Merseyside

Thursday, July 29, 2010

Freehold Pub For Sale St. Helens











Merseyside Pub For Sale

Bulls Head
Fleet Lane
St. Helens
Merseyside
WA9

Ground floor footplate: 2252 sq/ft*

£ 250,000 + VAT Freehold

Bulls Head Pub For Sale St Helens, Merseyside

Wednesday, July 28, 2010

Teignmouth Pub For Sale, Devon












Devon Pub For Sale

Lifeboat Inn
The Strand
Teignmouth
Devon
TQ14

Ground floor footplate: 1347 sq/ft*

£ 250,000 + VAT Freehold

Lifeboat Inn Pub For Sale Devon

Tuesday, July 27, 2010

West Midlands Pub for Sale













Walsall Freehold Pub For Sale

Dog & Partridge
Sandwell Street
Walsall
West Midlands
WS1

Ground floor footplate: 2432 sq/ft*

£ 225,000 + VAT Freehold

Dog and Partridge Pub For Sale West Midlands

Bangor Pub For Sale Gwynedd














Gwynedd Pub For Sale, Wales

Buckeley Arms
Caernarfon Road
Bangor
Gwynedd
LL57

Ground floor footplate: 861 sq/ft*

£ 125,000 Freehold

Buckeley Arms Pub for Sale Gwynedd

Monday, July 26, 2010

Tamworth Leasehold Pub For Sale, Staffordshire











Leasehold Pub For Sale Staffordshire

Mercian
Exley
Tamworth
Staffordshire
B77

Gross Site Area: 8349 sq/ft*

£ 100,000

Lease length: Leasehold for 80 years August 1971 @ peppercorn rent

Mercian Pub for Sale Staffordshire

Sunday, July 25, 2010

Wisbech Pub For Sale, Cambridgeshire













Cambridgeshire Pub For Sale

Blacksmiths Arms
Elm High Road
Wisbech
Cambridgeshire
PE14

Gross Site Area: 17623 sq/ft*

£ 250,000 Freehold

Blacksmiths Arms Pub For Sale

Saturday, July 24, 2010

North Yorkshire Pub For Sale











Middlesborough Pub For Sale

Magnet Hotel
Birchington Avenue
Middlesbrough
North Yorkshire
TS6

Gross Site Area: 16850 sq/ft*

£ 200,000 + VAT Freehold

Magnet Hotel Pub For Sale, Middlesbrough, North Yorkshire

Friday, July 23, 2010

Bolton Pub For Sale, Greater Manchester











Greater Manchester Pub For Sale

Clock Face Inn
Old Hall Street
Kearsley, Bolton
Greater Manchester
BL4

Gross Site Area: 1920 sq/ft*

£ 150,000 + VAT
Leasehold-Lease length: Long Leasehold 980 years from 1868 @ £10 pa

Clock Face Inn Pub For Sale

Tuesday, July 20, 2010

CAMRA hails Big Society Support for Community Owned Pubs

This morning the Prime Minister gave a speech on the Big Society, endorsing pubs as local assets and promising Government support for communities wishing to save threatened pubs through community ownership.

Community ownership for pubs would not only be invaluable in saving pubs threatened with closure but there is clearly an appetite for it. CAMRA's recent polling research shows that 63% of regular pub goers would be willing to join efforts to save their favourite local pub if it was under threat.

CAMRA has therefore welcomed this morning's announcement, and has written to the Government seeking assurances that the Big Society will be backed up with adequate resources to provide business, legal and financial advice to communities wishing to save their pub by running it as a mutual, co-operative or social enterprise.

Jonathan Mail, CAMRA's Head of Policy and Public Affairs said:

"Pubs provide the vibrant heart of many communities and provide an invaluable meeting place and the centre for countless local activities. The loss of such pubs can be devastating to community spirit and identity and Government has a key role to play in enabling communities to come together to save their local pubs."

Saturday, July 17, 2010

Pub Redevelopment Plans in Harwich

Plans to demolish a closed down pub to make way for affordable homes have been submitted to Tendring Council.

Developer Gipping Construction is seeking to build 12 houses and two flats on the Main Road site in Dovercourt.The plans, submitted earlier this month, will mean knocking down The White Horse, which closed down last year.

Under the proposed plans, parking spaces would also be created for 28 cars and 22 bicycles at the site.Seven of the houses would have three bedrooms, three would have four bedrooms or more and the remaining would be two-bedroom homes.

Dave Rutson, ward councillor for Harwich West Central, welcomed the latest development.He said: “There’s a desperate need for housing in the area.“We know the days of pubs are diminishing. There are fewer and fewer because they can’t survive.

“It’s far better to have something there that’s needed.

Thursday, July 15, 2010

Action on Supermarket Alcohol Pricing

The Government plans to overhaul licensing and ban below-cost alcohol sales by November 2011.A so-called Draft Structural Reform Plan from the Home Office, released today, sets a timetable of reform for the new coalition. Reports the Morning Advertiser

It says consultations to "overhaul" the Licensing Act to grant greater powers to remove and refuse licences to problem premises started in June and will continue until September. Legislation would be carried through via the Police Reform and Social Responsibility Bill from October 2010 until November 2011.

Options for "alcohol taxation and pricing" with be developed with the business department and Treasury from last month until April 2011, with changes introduced at this point.

Options for banning below-cost sales, will be discussed with other Government departments until November 2010.

Legislation "if necessary" will be introduced in November 2011.

The World Cup Impact on Business

An analysis by The Daily Telegraph in June showed that 33 companies had referred to the World Cup in stock exchange announcements as having 'a material effect on their business.'

Not surprisingly, eight of these companies were bookmakers, who could always expect a big sports tournament bonanza. ITV, Sports Retailers and of course Pub Companies were also expecting a profitable month. Even though the England Team didn't do a great deal for profits after their Qualifying Round exit, pubs would continue to benefit from the Tournament with PricewaterhouseCoopers reporting that a fifth of all people watch the World Cup in a pub!

Pubcos such as Punch Taverns, Greene King and Fuller's,have said in recent weeks that the good summer weather and football World Cup boosted sales. Meanwhile JD Wetherspoons which doesn't usually show sporting events at its pubs reported that the world cup had little impact on business.

The biggest winners have been the economies of The Netherlands and Spain, according to BloombergBusiness; Their national economies will have received a boost simply from being a finalist, but economists have forecast that Spain's triumph could add as much as 0.25 percentage point to annual economic growth. “Dutch consumers, traditionally conservative spenders, will become euphoric if the country wins the World Cup, boosting economic growth as they step up spending,” On the other hand, “Spain could prevent full-year economic contraction by winning,” said Schotsman, the author of an April report titled “Soccernomics 2010” that predicted a Spanish triumph this year.

Wednesday, July 14, 2010

Ex-pats Lured Home by Flexible Pub Leases

Ex-licensees who left to work abroad are returning to take on UK pubs, according to three tenanted operators, reports the Morning Advertiser;

The UK’s improving economy and more flexible leases have been cited as reasons.Oliver and Samantha Knott have returned from Malaysia to take on a three-year Hall & Woodhouse tenancy at the Scarlett Arms, Walliswood, Surrey.

Knott said signs of a recovery from the UK recession meant the time to return was right. “We always wanted to run a food-based business and considered doing it in Malaysia, but the competition is huge. Also we wanted to get the kids into school in England.”

Knott said all the pubcos and brewers he had contacted were offering incentives. Matt Kearsey, head of Hall & Woodhouse’s tenanted division, Badger Pubs, said a couple returning from Spain had signed up on a pub in Billingshurst, West Sussex. “We’ve had about six applications from abroad in the past six months, and appointed two.”

Former host John Jeram-Silvey returned from Spain after his printing company in the Canary Islands closed.“Tourism fell 30% and, since there’s no support structure in Spain for British citizens, I came back.”

Monday, July 12, 2010

Pub Insolvency Down By a Third

Cateresearch reports that Pub insolvency rates are down a third from the height of the recession but Government spending cuts and a slowdown in consumer spending could tip more businesses over the edge, a survey has warned.

According to research from consultancy firm PricewaterhouseCoopers (PwC), the insolvency rate in the pub sector peaked in the last quarter of 2009, when 88 pubs businesses failed.

The research, which examined pub companies rather than individual operators, found that the rate of insolvency dropped by 32% in the second quarter of 2010. However, it warned the level of failure was still "comparatively high", up nearly 10% compared with 2008.

David Chubb, a partner at PwC, said that while pub company insolvency rates had fallen, trading remained difficult.

"The insolvency stats do not fully illustrate the extent of the problems in the sector as much underlying restructuring activity continues. Even without entering insolvency, creditors may still experience pain," he said.

Meanwhile restaurant company insolvencies are up 30% compared with two years ago, with the second quarter of 2010 up 5% on the first three months of the year.

"While the propensity to dine out is still very much a part of UK culture, the pursuit of value for money by the consumer has led to even high-end restaurants in London laying on fixed menus and other offers usually seen in casual dining," Chubb said.

Sunday, July 11, 2010

North London Pub For Sale, NW5









Public house for sale with full vacant possession.

Monkey Chews
Queens Crescent
London
Greater London
NW5

Ground floor footplate: 2124 sq/ft*

£ 900,000 + VAT Freehold

Located on the corner of Queen's Crescent and Marsden Street, not far from Haverstock Hill. Closest tube stations are Chalk Farm and Kentish Town West.

The property is set over 4 floors and comprises a large cellar on the lower ground floor; Ground Floor: 2 bars and ladies and gents toilets; First Floor: Function room, office and a one room formerly used as a bedroom; Second Floor: 4 rooms, Kitchen and bathroom.

This property is suitable for continued licensed/leisure use, redevelopment or other alternative uses subject to gaining the appropriate local authority consents.

Monkey Chews Pub for Sale London

Maidstone Pub for Sale Kent












Freehold Pub for Sale

Eagle
Brewer Street
Maidstone
Kent
ME14

Ground floor footplate: 1806 sq/ft*

£ 250,000 Freehold

Eagle Pub for Sale Maidstone, Kent

Thursday, July 08, 2010

Norfolk Pub for Sale












New Inn
Fakenham Road
Beetley, Dereham
Norfolk
NR20

Gross Site Area: 29626 sq/ft*

£ 200,000 Freehold

New Inn Pub for Sale, Norfolk

Bolton Pub for Sale











Leasehold Pub for Sale Greater Manchester

Clock Face Inn
Old Hall Street
Kearsley, Bolton
Greater Manchester
BL4

Gross Site Area: 1920 sq/ft*

£ 150,000 + VAT Leasehold

Clock Face Inn Pub For Sale Greater Manchester