Monday, 27 July 2009

Pubs for investment and development

We have developed a reputation for selling pubs to people who were not aware they could use such a versatile asset for their occupational needs.

Did you know pubs are currently being sold for uses such as; dwelling-houses for family occupation, for conversion into multiple residential units, for community uses and places of worship, for ALL retail uses including convenience stores and restaurants and even for funeral parlours - In fact you can use a pub for just about anything!

Many individuals and pub companies have also had significant success in purchasing pubs for investment and development and regularly re-visit our properties on offer for further fruitful acquisitions.

Friday, 24 July 2009

Pub for Sale in Burnley, Lancashire

A BURNLEY pub may have seen its last pint pulled.

The Old Duke Inn, Briercliffe Road, closed in January and, according to property agents, will now probably not reopen as a pub.London-based Paramount Investments said interest had been received in the venue from business people outside the pub trade.

Last October the landlord of the pub was forced to pay a £6,000 fine for illegally broadcasting football matches without a licence. Just a month later a police investigation was launched after a man was savagely beaten outside the pub for allegedly assaulting a young girl.

Paramount said entrepreneurs, property developers and even community groups were taking advantage of rock-bottom pub property prices in recent months.

Pubs come with a type of planning permission which means they can be transformed into cafes, shops, restaurants or offices, often with no need to apply for further consent.

Paramount managing director Mark Greig said: 'As no publican or pub company has stepped forward to save the Old Duke, it may cease to be a pub at all.'

Anyone interested in The Old Duke in Burnley ?

Pubs suitable for alternative use subject to planning permission

Following a successful week of trading contracts have now been exchanged on the following 12 pubs – Junction (HD4), St Pauls (GL50), Magnet (SK4), Gardeners (M24), Toby (BN2), New Gas Tavern (WR14), Cinnamon (WS3), Cricketers (OX10), Crown (RH1), King Alfred (GU7), Village Tavern (B8), Royal Oak (WS15).

Nationwide there are still over 300 pubs for sale available on our website, the latest of which are listed below. Double click on any pub name to be diverted for further information. Each pub offers excellent value for continued licensed use or a variety of alternative uses subject to gaining the appropriate Local Authority consents.

White Lion Hotel, Queens Head, Hop Merchant, Hand & Heart, Gamekeeper, COBURNS, Eagle Inn, Kings Tavern, Plum Tree, Prince Arthur, Red Lion, Riverside (Royal Oak), Solo (HOP POLES), Shakespeare Inn, Royal Exchange, Robin Hood, George Inn, Cat, Britannia Inn, Dog & Lamp Post, Dartmouth Arms, Dukes Head Hotel, Decoy Tavern (land), Centurion , Cricketers

Thursday, 23 July 2009

Pub buildings and land for sale

It is not just pub buildings that landlords are selling off - one Norwich pub has been forced to sell its garden in order to raise much-needed cash.

The West End Retreat on Brown Street wants to raise £135,000 from the sale of the land next to it, which includes a large garden.Planning permission has already been granted for the construction of four two-bedroomed flats on the 2,700sq ft site.

Mark Greig, managing director of Paramount Investments, the agent handling the sale, said: “It's important that the pub can continue to invest in its future, but this can only be done at a price.“A lot of pubs have land around them which are attractive to developers.

Some of these pubs are now considering the sale of this land. It may not be ideal, but in certain circumstances it can guarantee that the pub stays open, at least for the foreseeable future, and that jobs are protected.”

Wednesday, 22 July 2009

Gloucestershire, Berkshire, Worcestershire, Hampshire

Admiral Taverns has put a further 14 of its pubs on the market.

The pubs are described as "quality mid-range stock" and are primarily located in towns and villages in Gloucestershire, Berkshire, Worcestershire and Hampshire. Prices range from £125,000 to £395,000.

They are being marketed by Paramount Investments. Managing director Mark Greig said he believed most of the sites would remain as pubs.

To date, Admiral has placed over 300 pubs on the market since it began disposing of large portions of its estate at the end of 2008. It currently has around 2000 pubs.

Thursday, 16 July 2009

Pubs for Sale in Liverpool, Manchester, Midlands

Eagle Inn Southall Street Brynna, Pontyclun Mid Glamorgan CF72 9QH FREEHOLD £125,000 9,103

King Alfred Quarry Hill Godalming Surrey GU7 2NW FREEHOLD £200,000 Not Measured

Kings Tavern 252 Kings Road Reading Berkshire RG1 4JL Long Leasehold until 2974 @ £1pa £200,000 17,054

New Gas Tavern 114 Madresfield Road Malvern Worcestershire WR14 2NR FREEHOLD £210,000 18,891

Plum Tree St. Andrews Road Pershore Worcestershire WR10 1LT FREEHOLD £210,000 2,395

Prince Arthur 93 Rice Lane Liverpool Merseyside L9 1AD FREEHOLD (free of tie lease @ £25,000; lease expires 2033 £225,000 16,360

Red Lion 1 Park Road Stevington, Bedford Bedfordshire MK43 7QD FREEHOLD (current rent is £10,400; Lease expires July 2010) £395,000

Riverside (Royal Oak) 70 Ousegate Selby North Yorkshire YO8 0NH FREEHOLD £110,000 20,424

Royal Oak Uttoxeter Road Hill Ridware Staffordshire WS15 3QS FREEHOLD £200,000 7,382 Solo

Hop Poles 302 Wincheap Canterbury Kent CT1 3TY FREEHOLD (current rent is £20,220pa; Lese expires 2025) £250,000 18,603

Broadstone Two Gates Tanhouse Lane, Halesowen West Midlands B63 2JR Long Leasehold 99 years from 1972 at a current rent of £3000 PA £95,000 4,170

British Oak 77 Gooch St north Birmingham West Midlands B5 6QU FREEHOLD £175,000 5,388
Prince Alfred Hotel Church Rd Wallasey Merseyside CH44 6JB FREEHOLD £225,000 2,090

Railway 78 Wellington Road Wavertree, Liverpool, Merseyside L15 4JN FREEHOLD £150,000

Victoria Inn The Square Four Lanes, Redruth Cornwall TR16 6PZ FREEHOLD £225,000 7,650

Royal George Hotel Heady Hill Road Heywood Greater Manchester OL10 3JH FREEHOLD £150,000

Robin Hood 237 Droylesden Rd Newton Heath Manchester M40 1PE LONG LEASEHOLD £200,000 13,305

Riverside Inn Main St Rotherham Yorkshire S60 5SR FREEHOLD £95,000

Tuesday, 14 July 2009

UK Pub, hotel, bar and restaurant websites

The Paramount UK Pub and Licensed Trade Directory is a human edited web directory contains links and descriptions for pub, hotel, bar and restaurant websites in the UK. It is a highly effective marketing tool for online marketers and business entrepreneurs.

Submit your website to our pub trade search engine for FREE to increase your online exposure.

Perfect for DIY pub trade search engine marketers and pub, hotel, bar or restaurant website owners trying to improve the return on their advertising and marketing. Add your URL now, it's easy and free!

Monday, 13 July 2009

Lancashire Pub For Sale

The Brookside in Duckworth Street, Darwen, Lancashire was until recently well known for its popular poker nights, before being put up for sale.

According to agents at London-based Paramount Investments, the £125,000 asking price has been low enough to tempt business people outside the pub trade.

But Dave Hollings, Sunnyhurst ward councillor, says The Brookside, which had been open for decades before its closure, should only be sold to another brewery or independent publican.
He urged the property agents to consider dropping the price further.

Paramount managing director Mark Greig said: “As no publican or pub company has stepped forward to save The Brookside, it may cease to be a pub at all.”

The firm reports an increase in sales of pubs as entrepreneurs, property developers and even community groups have been taking advantage of rock-bottom pub property prices in recent months.

Pubs are being converted into restaurants, shops, offices and flats as investors seek to maximise their returns.

Sunday, 12 July 2009

Managed Pubs, Leased Pubs, Tenanted Pubs

The UK pub industry consists of nearly 60,000 pubs in total, which can be broadly categorised into one of three distinct business models:

Managed Pubs - generally owned by a pub company or brewer, operated by a salaried manager and staff employed by the pub company which also prescribes the product range and details of service style. They tend to be physically larger than leased/tenanted pubs and individual, independently owned pubs and have higher average weekly sales. Managed pub companies report total sales through their pubs as turnover and also total pub profitability.

Leased / Tenanted Pubs - tend to be smaller and are owned by a pub company or brewer and leased to and therefore operated by a third party tenant or lessee, who pays rent to the owner, is generally responsible for the maintenance of the pub and is normally contracted to purchase the drink products (in particular beer) from the pub company. These pubs have average weekly sales of around £3,000 to £5,000 and are typically more dependent on the sale of beer than managed pubs. Leased and tenanted pub companies report rent and wholesale beer sales as turnover and rent and wholesale beer margin as profit.

Individual Pubs - (sometimes known as freehouses) are independently owned and operated by private individuals, partnerships or companies who are responsible for the maintenance of the pub and retain any profits after the expenses of running the pub. The owners are free to decide which products to sell.

Sources: Office for National Statistics, Company Information and Estimates

Tuesday, 7 July 2009

Yorkshire, Staffordshire, Glamorgan, Lancashire

Pub for sale Sheffield South Yorkshire S12 1

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 Stoke on Trent Staffordshire ST6 2

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 Swansea West Glamorgan SA1 1

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 Nelson Lancashire BB9 1

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 Bradford West Yorkshire BD1 1

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 Heywood Greater Manchester OL10 2

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...

Monday, 6 July 2009

Pubs, bars, clubs and restaurants for sale or lease

Thinking of Buying or Selling a Pub or Bar or a Club or even a Restaurant?

Paramount offer leasehold public houses, and freehouse pubs, bars, clubs and restaurants for sale and lease in the UK. Advertise your pub lease or pub freehold for sale with Paramount now!

Private Freehouse - Public House and Pub Sales
Brewery Public House and Pubs for Sale
Private Public Houses / Pubs to Lease
Brewery Public Houses / Pubs to Lease

Pubco and Brewery owned Pubs, Bars and Clubs for sale or to lease

One in 20 pubs in Northern Ireland expects to be closed

One in 20 pubs in Northern Ireland expects to be closed by the end of this year thanks to the economic downturn and the availability of cheap alcohol.According to a new survey of over 200 NI publicans from the Northern Irish Federation of the Retail Licensed Trade, 34,000 on-trade jobs could be lost as a result.

“The majority of pubs in NI are owned and operated by private individuals - they cannot sell alcohol below cost price,” pointed out the Federation’s Chief Executive Colin Neill who stated that the pub industry there could not compete against major multiples selling at below-cost.

The Federation survey found that 35 per cent of members had already laid-off staff in the past 12 months and 24 per cent expected further redundancies in 2009.

Just under three-quarters of respondents had reduced the hours worked by their staff over the last year while three-fifths of them expected to have to reduce them again this year.

“The statistics being announced today show quite clearly that Northern Ireland's pub industry is in crisis,” stated Colin Neill, “98 per cent said that the economic situation is impacting their business and 45 per cent believe the next 12 months are going to be bad for business.

Already 14 per cent of the publicans surveyed have reduced their opening hours to help make ends meet with an additional 23 per cent expecting to have to do the same this year.”

Punch Taverns Survives Investor Protest Vote Against Share Sale

It was perilously close, but Giles Thorley's Punch Taverns survived a crucial vote to approve the publican's £375million rescue fundraising, reports the Daily Mail.

The group has been whittling down its debts, paying off £404million - 8 per cent of the total - since the start of its financial year.

It has sold off non-core pubs to help pay-down debts, recently announcing the sale of 11 pubs to rival Greene King for £30.4million.

It has also said it will continue to look at asset sales and ways to cut costs to improve cash flow and ease its debt burden, but it hopes the share placing will avoid the need to offload core pubs at unattractive prices.

Beer sales down as hotels go on sale

Sri Lankan News.Net Sunday 5th July, 2009

Declining British beer sales have caused UK brewer Scottish & Newcastle to put many of their hotels up for sale.

The group has said it wished to focus on other outlets it manages for Royal Bank of Scotland and Globe Pub Company.

Scottish & Newcastle will put 20 of their iconic pubs on sale. S&N operates more than 2,000 pubs through the UK, where beer sales are at their lowest levels in almost 40 years.

Pub and club sales fell 6.3 per cent during the first quarter of the year.

Friday, 3 July 2009

Empty UK Pubs Get Second Chance as Teenage Bars

UK Pubs have been given a new lease of life as no alcohol teenage pubs.The Home office backs a new scheme to re open empty pubs as teenage bars.

The idea is the product of partnership working by youth, community, health, substance misuse, careers, criminal justice and other agencies.

The teenage pub will provide entertainment, games, music, soft drinks and convenience food and are widely expected to solve problems often caused by the lack of somewhere for teenagers to go, such as street corner underage drinking.Communities will also benefit from the reopening of unviable boarded up pubs and for investors permission for change of use is a formality.

The scheme is being piloted in Crewe and on Merseyside, and run by Partnership projects and if successful, could be nationwide. With the support of some major pub companies, parents, teenagers and the Government the teenage pub could be the answer to slowing the rate of permanent closure of UK pubs.
Whether our clients are buying a pub, restaurant or hotel to redevelop or to run as a business, we aim to closely match their individual requirements and save time on property viewings, local research, due dilligence and property conveyancing.

Wednesday, 1 July 2009

Great Yarmouth, Cheltenham, County Durham

Pubs for sale in Great Yarmouth, Cheltenham, County Durham

Dukes Head Hotel
13 Hall Quay, Great Yarmouth, Norfolk
Decoy Tavern (land)
Beccles Road, Fritton, Great Yarmouth, Norfolk
St. Pauls
St. Pauls Road, Cheltenham, Gloucestershire
Cricketers Portrack Lane, Stockton-on-Tees, County Durham

West Midlands, Wolverhampton, Walsall, Willenhall

Pubs for Sale in the West Midlands

Shakespeare Inn Somerford, Place Willenhall West Midlands
Royal Exchange 84, Bromford Lane, West Bromwich West Midlands
Robin Hood
54 The Crescent, Willenhall West, West Midlands
George Inn
109 Phoenix Street, West Bromwich West Midlands
Cat
16 Bloxwich Road, South Willenhall, West Midlands
Britannia Inn
Dial Lane, West Bromwich, West Midlands
Dog & Lamp Post
62 Dudley Road, Brierley Hill, West Midlands
Dartmouth Arms
47 Vicarage Road, Wolverhampton, West Midlands
Cinnamon
Wolverhampton Road, Pelsall, Walsall West Midlands

Centurion
110 Chase Road, Burntwood, Staffordshire