Lincoln Pub for Sale

Former public house/development land for sale with full vacant possession.

Joiners Arms
Victoria Street
West Parade, Lincoln
Lincolnshire
LN1

Ground floor footplate: 1524 sq/ft*

£ 125,000 + VAT
Freehold

Unconditional offers are invited for our clients unencumbered interest.

Approx gross site area: 1,741 sq ft*

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).

Rateable Value: £3,850

Joiners Arms Pub for Sale, Lincoln

Oakham Ales Boasts 200 Pubs in Academy

Oakham Ales, the East Midlands based brewer, has nearly 200 pubs signed up to its ‘Oakademy of Excellence’, reports the Morning Post.

Pubs who want to be members of the academy have to pass a beer quality test, organised by Oakham Ales. If an outlet receives an accreditation it entitles the publican to membership benefits that include access to ‘limited edition’ ales.It also gives them access to branded glassware, tailored point-of-sale merchandise and promotion via the Oakham Ales website.

Nigel Barker. licensee of the Wellington, Birmingham said: “As one of Birmingham’s premier real-ale pubs we are proud to sell Oakham ales on a regular basis. Being part of the ‘Oakademy of Excellence’ also gives us the opportunity to stock one-off specials as well as their Citra, which is one of our best-selling regular ales.”

Adrian Posnett, managing director of Oakham Ales said: “We don’t have the luxury of a large retail estate to stock our beers on a permanent basis. The success of the ‘Oakademy of Excellence’ means that we are now developing the distribution and profile for our beers to compete with those that do, enabling us to punch far above our weight.”

The academy was established in late 2009 and membership has more than doubled during its second year.

Change of Use & Planning Permission

The traditional British pub is currently under threat as never before. A combination of factors has led to more and more pub owners shutting down pubs and seeking to convert the buildings to other uses. Footfall in all pubs has gone down two-thirds in the last twenty years, and there just isn't the demand that there used to be. Beer sales are falling by 20pc year on year and pubs are closing at the rate of 5 a day. The price of freehold pubs continues to fall, as breweries, pub chains and pub companies offload unprofitable, struggling, run down or vacant pubs.

Paramount Investments specialise in the sale of licensed and commercial properties and Sales Director, Steve Oliver has been selling pubs, wine bars, hotels and restaurants for the last 8 years. "The steady flow of these distressed pubs coming up for sale is creating tremendous bargains within the pub market for licensees and restauranteurs who know they can respond to the challenges facing the modern trade. However, with pub property prices at rock bottom, and the square footage of public houses and the surrounding land, such investments are proving to be the best value for property developers and investors."

Many of these pubs for sale on the market are freehold and occupy prime town and city centre locations with spacious yards, car parks, beer gardens and out buildings.

Steve Oliver continued: " Part of the reason these pubs are so attractive is that in some cases they come with planning permission for redevelopment. Pubs have a flexible A4 planning ‘business use class’ that normally can be changed to A1 use (say, for a newsagents), A2 (a delicatessen or a firm of solicitors or architects) or A3 (restaurants). And if you buy a property with planning permission, you can get on with your property development, modernisation or refurbishment project straight away."

But finding the ideal pub site to redevelop is not always that simple. Sites without planning permission are also available and most Pub Co's will only sell their pubs on an 'unconditional' basis, that is, you agree a price whether or not planning for a change of use is in place.

"Find out if the pub is listed by English Heritage. Properties of importance are listed from Grade I to Grade II. Being listed wouldn't be a reason to stop the pub from being converted but may limit what you can do to it, " advises Steve.

"Planners believe a pub is as essential to village life as a shop or post office. The loss of pubs, whether in rural or urban areas, can undermine the local economy and community. Although not impossible it will be harder to get planning permission for changing the use if it's the last pub in village as planners like to have a least one pub in the area. Your local planning authority will be able to give you their opinion on the feasibility of your plans and if a similar property has already been converted, then this will help your own planning application."

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Norfolk Pub for Sale

Norfolk Pub with Land for Sale

Jolly Farmers
Feltwell Road
Southery, Downham Market
Norfolk
PE38

Gross Site Area: 42112 sq/ft*

£ 210,000 + VAT

Jolly Farmers Freehold Pub for Sale, Downham Market

UK Pub Sales News: Listed pubs for sale in the West Country

Property investors looking for pubs for sale might be interested to learn that two special properties in the West Country have come on the market.

ThisisDevon.co.uk reported that the Grade-II listed Ashill Inn in Culm Valley has been put up with a value of £295,000.

The freehold includes a restaurant, ground floor bar and commercial kitchen, along with two double bedrooms and a pool room.

Meanwhile, the Swindon Advertiser stated that the Queen's Head in Dunkirk Hill, Devizes, is also on the market.

The pub, which is Grade-II* listed, has been granted planning permission to undergo a change of use and be converted into a house.

Paul Redman, joint owner of the empty pub, told the news site: "We spoke to agents about it reopening as a pub but they were recommending lower rents for it and there were better conditioned pubs coming on to the market. Everyone was telling us that other pubs would survive before this one. It was obvious no one would want it."

He noted that turning the pub into a home raises its value and would allow it to be repaired properly.

"Structurally the property is pretty sound. There are no major defects but it does need a lot of work done on it," Mr Redman added.

Steve Oliver, negotiator at Paramount Investments, commented: "Although I'm sad to see another pub close, I'm pleased that this old building will be restored for future generations to enjoy the outstanding architecture."

UK Pub Sales News

Mitchells and Butlers Preston Pub Given New Lease of Life

A landmark pub on the outskirts of Preston is to be relaunched for a summer opening.

Burlington’s in Broughton closed earlier this year, less than 12 months after being exposed for having a dirty kitchen, and after 18 years of trading.

The company was hit with a £3,000 fine, plus almost £2,000 in costs. It has been taken over by the pub operator Mitchells and Butlers and will be known as the Broughton Inn, part of the company’s Vintage Inns brand of country pubs and restaurants. The Birmingham-based firm has applied for a licence to open until midnight every day and hopes to re-open in August

Traditional British Pub Is Dead

The traditional British pub is dead, according to Antony Worrall Thompson.

The celebrity chef and gastro-pub owner spoke out as the Standard launched a new campaign called Drink Local, which encourages people to use their locals or risk seeing them disappear, writes Nick Edmondson.

Worrall Thompson, who runs the Greyhound at Rotherfield Peppard, is one of a number of landlords in the Henley area who say the licensed trade is being destroyed by a combination of increasing costs, competition from supermarkets and dwindling custom.

He said: “I think the days of pubs are over, at least the old form of pubs, the typical community pub.”

In February 2009, Worrall Thompson closed the Greyhound and the Lamb at Satwell when his company, AWT Restaurants, went into administration. He re-opened the Greyhound five months later and the Lamb was re-opened by new owners in March 2009.


Worrall Thompson claimed traditional pubs were “fighting a losing battle”.

“Unless you turn your pub into somewhere primarily for food, then I think you will struggle,” he said.

“There are so many supermarket offers, while rents are often very high and beer duty and tax mean that a landlord doesn’t have many options.”

He also criticised the smoking ban introduced in 2007, saying it discouraged smokers from using pubs.

“The nostalgic view of the old fellow propped up at the end of the bar having a couple of pints and a cigarette is gone,” he said.

UK Pub Sales News: Gloucester pub on sale for £30,000 leasehold

Property investors looking for pubs for sale might be interested to hear that the Fox & Elm in Tuffley, Gloucester, is on the market for £29,950 leasehold.The Citizen reported that the premises include gardens, a three-bedroom flat and a dining room, with rent set at £16,000 for the next two years.

A skittle alley, children's play area and large car park are also part of the pub, which was last refurbished in 2004.It also has 14 years left on a renewable Marstons Inns lease, while prospective investors might be pleased to hear that it turned over £180,000 in the last financial year.

Councillor Gerald Dee told the newspaper that it is hard for the pub to compete with cheap alcohol sold in supermarkets.

"I would like to see it continue as a successful pub but I am not sure if it could unless they started serving food," he added.

The Campaign for Real Ale noted that the site has hosted a pub for at least 60 years, having been known as the New Inn, the Blinking Owl and Fox & Elm over time.

UK Pub Sales News

Roughest Pubs & Bars in Britain

Follow the link for an interesting discussion on the roughest pubs and bars in the UK

Lancashire Pub Redevelopment Plans

A landmark pub could be demolished to make way for a small housing estate and a convenience store, reports This is Lancashire

SRH Property Ltd wants to knock down The Greenwood Arms, in Chorley New Road, Horwich, and build 12 homes.

If given the go-ahead, there will be 10 four-bedroom semi-detached homes, and two four -bedroom detached houses, along with parking, the store and two other units.

The land to be developed includes a disused, overgrown bowling green at the back of the pub.

After closing in August, 2009, the Greenwood Arms was bought in February last year.

But repeated vandalism, despite the building being secured, saw the pub reopened in a bid to stop the attacks.

In a statement on Bolton Council’s website, agents Sedgwick Associates, said: “It is anticipated there will be some local opposition to the proposed development as the public house is currently trading.

“However it is only open because the owner chose to find a tenant instead of having to deal with the frequent incidents of vandalism that occurred when the building was vacant. The pub is only trading now to avoid further break-ins and vandalism and as such to prevent it becoming a local nuisance.

East London Pub for Sale

London Pub for Sale

Liquor Inn
Devons Road
London
Greater London
E3

Ground floor footplate: 1285 sq/ft*

£ 250,000
Leasehold

Lease length: until 2036 @ a rent of £79 pa

Public house for sale a short distance from Devons Road DLR Station. The property is situated in a predominently residential location with neighbouring retail uses bringing a good level of 'foot traffic' to the locality.

Short Leasehold interest on offer until 2036 @ a ground rent of £79 pa.

The property comprises a ground floor/basement public house occupied on a 3 year tenancy agreement at a current passing rent of let £36,144 + vat free of tie and AWP. .

The first flr comprises a 4 bedroom flat and is let on an AST agreement producing £23,920.

Unconditional offers are invited for our clients interest which based on the purchase price will realise a gross yield of 24%!!!!

The property represents excellent value for continued licensed use / future owner occupation.

Liquer Inn Pub for Sale, London

Whitbread's Costa Coffee Boosts Sales Figures

Strong sales and store openings at Costa Coffee have helped Whitbread weather the weak UK retail market.

Total sales at its coffee chain in the last three months were 22.5% up on a year ago, pushing group sales up 9.2%.

Its Premier Inns chain also did well thanks to strong sales in London, with 8% growth.

But trading at its restaurants was hurt by "a more difficult casual dining market" in the rest of the country, chief executive Andy Harrison said.

Like-for-like sales at its restaurants, which ignore the effects of new restaurant space, fell 1.4% compared with a year ago.

Rotherham Hotel For Sale At Reduced Price

South Yorkshire Hotel For Sale

Eastwood Hotel
Doncaster Road
Rotherham
South Yorkshire
S65

Gross Site Area: 16473 sq/ft*

£ 225,000 + VAT
Freehold

Hotel For Sale, Rotherham

Pubco News; Punch Taverns Report Good Progress

Punch Taverns have reported a sharp rise in sales as it revealed plans for its demerger later this year were making ‘good progress’.Its third quarter trading update that like-for-like sales in the managed side, Spirit, grew 7.3 per cent in the 12 weeks to May 28.

Food sales at Spirit rose 8.4 per cent, while drinks sales rose 7.3 per cent.
Average net income per pub at its leased pubs business rose 1.3 per cent.

Punch Taverns said the recent hot weather and its refurbishment programme had helped boost sales.“Despite the challenging UK consumer environment we are on track to meet our full-year expectations.” Market forecasts for its annual pre-tax profits range from £119.5 million to £124.1 million.

Stone House Pub, Washburn Valley

The Stone House Inn is situated in the beautiful Washburn Valley. The location of the pub offers stunning panoramic views of the surrounding area. With its real wood fires and log burning stove, the pub is warm, friendly and welcoming. The whole pub is non-smoking for the benefit of its employees and customers. Why not enjoy a cup of Fair Trade tea or coffee with homemade cakes in the tearoom, or a traditional ale with hot homemade food in the bar area. The pub has level access to the toilets, dining room and bar and there is ample parking.

The Stone House was originally an 18th century built farm until in 1868 Jesse Peel (whose brother John ran the nearby Gate Inn near to the reservoir) was granted a licence and ran the pub for forty five years.

The pub is spartan inside but has been cleaned, re-decorated and some necessary minor alterations made. It still retains its austere moorland character, situated as it is 900 feet above sea level. A wonderful place to be sat outside (if it's warm enough that is!) when the curlews are calling and gliding in Springtime. Black Sheep Bitter & Golden Sheep are available on draught.

Saffron Walden Pub for Sale, Essex

Essex Pub for Sale

Red Lion
Finchingfield Road
Great Sampford, Saffron Walden
Essex
CB10

Gross Site Area: 12363 sq/ft*

£ 400,000 + VAT
Freehold

Grade II listed public house/development land for sale with full vacant possession. Unconditional offers are invited for our clients unencumbered interest.

The pub is located in the picturesque village, Great Sampford, with its village church and primary school.

Thaxted is just 4 miles to the South West, offering a comprehensive range of everyday amenities.

The much sought after market town of Saffron Walden and the well placed commercial centre of Bishops Stortford are just 7 miles to the North West and 16 miles to the south west, respectively.

Approx ground floor foot plate: 2,296 sq ft*

Red Lion Pub for Sale, Saffron Walden

Pubco News; Marstons Brewery Expands to Create New Pub Jobs

A number of pub jobs may be created across the UK as Marston's looks to expand its portfolio of venues in the coming months, reports Caterer.com

The company has won accreditation from the British Franchise Association to alter the way in which it influences its struggling tenanted pubs, the Financial Times reported.

This will enable the company to overcome the poor reputation the tenanted pub model earned during the economic downturn and could lead to expansion in the future, said chief executive Ralph Findlay.

"It's not just a way to keep open struggling pubs. Now we will look at how to develop the agreement further. How do we compete with other franchises?" he told the FT.

So far, Marston's has signed up 230 pubs to new retail agreements and is looking to add a further 100 by April next year, which could result in the creation of many more pub jobs as the franchise expands.

Meanwhile, it was recently confirmed that a new hotel and pub are to be created in Gosport, Hampshire, and operated by Marston's, as part of a multi-million pound leisure complex.

Swansea Pub for Sale, Abertwe SA3

Abertwe Pub for Sale, Swansea

Pilot Inn
Mumbles Road
Mumbles, Swansea
Abertawe
SA3

Ground floor footplate: 2111 sq/ft*

£ 350,000 + VAT
Freehold

Pilot Inn For Sale, Swansea

Stalybridge Pub for Sale, Greater Manchester

Greater Manchester Pub for Sale

Hare & Hounds
Huddersfield Road
Millbrook, Stalybridge
Greater Manchester
SK15

Gross Site Area: 1425 sq/ft*

£ 150,000 + VAT

Hare and Hounds Pub for Sale, Stalybridge

Revamped Pub Reopens in West Sussex

A revamped pub in West Sussex will create 16 pub jobs when it reopens, the owners of the establishment have confirmed.

The Mulberry on Goring Road, Worthing, will close next Monday (June 6th) before undergoing a £365,000 refurbishment and reopening on June 20th with 16 new members of staff, the Worthing Herald reported.

Mulberry general managers Sue and Paddy Tweedie revealed that the pub will reopen as a Flaming Grill, operated by the Punch Pub Company, and a special wild west night will take place in early July to advertise the improved facility to locals and visitors alike.

Ms Tweedie said: "The Mulberry is a brilliant pub but is in need of this investment, which I am confident will go down a storm with our community."

Last month, Longshot confirmed that it is currently looking at buying new venues in West Sussex, which could result in the creation of more pub jobs in the area.

Paramount Investments are London commercial property agents offering freehold pubs for sale, pubs for lease and pubs for rent in England, Scotland and Wales. We can advise on the best freehold pubs, clubs, wine bars, hotels, restaurants, public houses and other licensed or commercial property for sale in the UK.

Chesterton Pub for Sale, Staffordshire

Staffordshire Pub for Sale

Red Lion
Red Lion Square
Chesterton
Staffordshire
ST5

Gross Site Area: 11890 sq/ft*

£ 195,000 + VAT
Freehold

Red Lion Pub for Sale, Chesterton

BBPA eyes changes to Right to Buy on pubs

Day-to-day pub sales must be allowed to continue unhindered under the Community Right to Buy Scheme, the British Beer and Pub Association has warned.

The Morning Advertiser reports that Right to Buy forms part of the Localism Bill, which is set to reach the House of Lords next week, and although the BBPA is in favour of the principle of the scheme, it is concerned it could harm the sale of viable pubs in its current form.

Under the scheme, community groups would be able to nominate an asset to be listed with the local authority, and would then have a window of opportunity to organise a bid if the asset was to be sold.

But the BBPA has suggested four safeguards to be added to the Bill, so the Right to Buy could only be triggered:
• When a pub is put up for sale and is at risk of closure
• Is already closed
• Is subject to an application for change of use
• Is subject to a demolition order

“We want to see as many pubs stay open as possible — and ‘community right to buy’ definitely has a role to play in keeping community pubs open. But many pubs are successfully bought and sold every day, and thrive under their new ownership,” said BBPA director of pubs and leisure Martin Rawlings.

“The changes we would like to see would allow transfers of ownership to continue without being help up in costly delays, but retain the benefits and safeguards of the ‘community right to buy’ proposals, should they be needed. These are common sense changes that deserve support.”

The call echoes that made by the Association of Licensed Multiple Retailers last month. It raised concerns about assignments of leases. “It could introduce an 18-month delay into the process of assigning a pub,” said director of strategy Kate Nicholls.

Castleford Pub for Sale, West Yorkshire

West Yorkshire Pub for Sale, Castleford

Sandmartin
Pemberton Road
Castleford
West Yorkshire
WF10

Gross Site Area: 32796 sq/ft*

£ 100,000 + VAT
Leasehold

Lease length: Short leasehold until 2071 @£2750 pa

Sandmartin Pub for Sale Castleford

Telford Pub for Sale, Shropshire

Shropshire Pub for Sale, Telford

Trench Tavern
Trench Road
Trench, Telford
Shropshire
TF2

Ground floor footplate: 1912 sq/ft*

£ 250,000 + VAT
Freehold

Trench Tavern Pub for Sale, Telford Shropshire

Beer Festival News; Crieff's Third Annual Festival

Crieff's third annual Charity Beer Festival will be jointly hosted by Crieff and Strathearn Rugby Football Club and Crieff Round Table on Friday and Saturday, June 10-11 in a marquee at the Braidhaugh Pavilion.

The event has been a massive success in its first two years, attracting more than 1000 visitors and raising over £11,000 for charity. And as in previous years, all proceeds will be divided between the rugby club’s youth development programme and the Anthony Nolan Bone Marrow Trust.

The 21 real ales and three Scottish ciders which will be on sale have all been sponsored by local businesses and the organisers thanked them.

A spokesperson said: “We would encourage everyone who likes letting their hair down to come along and join in the fun.”

For more information click here

Bedford Pub for Sale, Bedfordshire

Bedfordshire Pub for Sale

Lynmore
Sharpenhoe
Bedford
Bedfordshire
MK45

£ 675,000 Freehold

Sharpenhoe is a small village in Bedfordshire, at the foot of the Chiltern Hills.

The village is about 2 miles (3.2 km) east of junction 12 of the M1, north of Luton, south of Bedford, east of Harlington and just to the west of the A6 road at Barton le Clay.

In June 2006 the pub was refurbished to a very high standard and now combines the traditional with a contemporary ambience allowing guests to relax and linger in complete comfort and style.

A two storey detached property with rendered elevations under a pitched tiled roof, with single storey conserventory extensions to the rear. We are advised that the property is not listed.

This property is also available to rent at £45,000 per annum raising to £50,000 after two years (term to be agreed)

Lynmore Pub for Sale Bedford

Save Our Pubs and Clubs; Amend the Smoking Ban

MPs from the three main political parties are uniting to support our campaign to amend the smoking ban and we want YOU to join them.

Greg Knight (Conservative), Roger Godsiff (Labour) and John Hemming (Liberal Democrat) will host a reception for the Save Our Pubs & Clubs campaign at the House of Commons on Wednesday 29th June 2011 from 4.00-6.00pm

The event marks the fourth anniversary of the introduction of the smoking ban in England and comes a few months after the fifth anniversary of the ban in Scotland.

Greg Knight, who helped launched the Save Our Pubs & Clubs campaign in 2009, said, “This is a unique opportunity for pubs and clubs to show how strongly they feel on this important issue. A modest change in the law, not a repeal of the smoking ban, is all we seek.

Mick McGlasham, general secretary of the Clubs & Institute Union which is supporting the event, said, “The ban was passed because the TUC wanted to protect staff and non-smokers but there is no reason on earth why we cannot have a separate smoking room in what are private premises, especially with modern ventilation.”

Simon Clark, director of Forest and the Save Our Pubs & Clubs campaign, said, “The reception is a wonderful opportunity to lobby your MP to support, at the very least, a review of smoking ban that has done so much to damage pubs and clubs nationwide.

“If you are coming to the reception you should contact your MP in advance and arrange to meet them at the event. The smoking ban has been a huge factor in the closure of many pubs and clubs and this is your chance to tell your MP, face to face, how the ban has affected your local community and what he can do to help.”

To attend the reception in the Terrace Pavilion at the House of Commons, guests MUST register in advance as places are limited. After you have registered you will be sent full details including an admission ticket. Telephone Nicky Shepherd on 01223 370156 or email info@amendthesmokingban.com.