London based pub sales agents Paramount Investments have had an excellent first 6 months of trading in 2011 with reported pub sales of 122 properties (an average of 20.3 pub sales a month)
With pub tenants coming to the end of their agreements or pub managers wanting to take up the mantle of running their own business demand for freehold pubs continues to flourish.
Coupled with the versatility of the pubs class use (A4) cash rich private investors are also recognizing their potential.
The agency covers the whole of the UK dividing the country into 9 regions.
Number 1 performing region currently is the Midlands with total number of pubs sold 36 followed by the North West (23)
The London region also fared well with 18 pubs sold.
In the South West (1) sales were poor, however with a number of new instructions and price reductions sales should improve in the second half of the year.
Paramount Investments Sales Director Steve Oliver credits their good start to hard work and the dedication of their experienced pub sales team. He reports, "Sadly a number of pubs were sold for alternate use; however it was pleasing to see at least 30% of the sales would remain as pubs which continues to be the heart of the community"
Paramount Investments offer a range of freehold pubs for sale, pubs for lease and pubs for rent in England, Scotland and Wales.
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