UK Pub Visits Decline by 20%

Pub visits over recent months have fallen by almost 20 per cent compared to last year, with the average UK consumer going to the pub four times a month rather than five times.

The average spend per visit has also fallen by almost a fifth to £15.08.

Nightclubs have fared even worse than pubs. The number of visits to clubs has fallen by over a third compared to last year. Restaurants have also seen the number of visitors fall, but only by 8 per cent.

The findings are contained in the Leisure Wallet Report by Zolfo Cooper, the financial advisory firm. The company said that rising taxes, falling disposable incomes and concerns over job security are to blame for the drop-off in visits.

Despite the overall decline in spending, certain parts of the UK are proving to be more resilient than others. For example the proportion of the population drinking in pubs has fallen by 12 per cent in the North-East, but risen by 7 per cent in the South-East.

Mr Hemming said: “The situation varies across the country. We continue to see the resilience of London.”

The Telegraph

Pub Guides, Lists & Listings

The Paramount UK Pub, Bar & Hotel Trade Directory is a business directory and b2b portal allowing pub licensee, restaurateurs, hoteliers, pub landlords, publicans, bar owners, pub managers and pub trade entrepreneurs to research the UK Pub, Brewing, Food and Beverage industry.

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London Pubs For Sale

The London property market is being flooded with run down, derelict, empty or vacant freehold pub, clubs, wine bars, restaurants and hotels as a combination of cheap beer in supermarkets, rising costs and the smoking ban have taken their toll on the licensed trade

Freehold pubs, restaurants & hotels for sale in London:

Barking and Dagenham Barnet Bexley Brent Bromley Camden City of London City of Westminster Croydon Ealing Enfield Greenwich Hackney Hammersmith and Fulham Haringey Harrow Havering Hillingdon Hounslow Islington Kensington and Chelsea Kingston upon Thames Lambeth Lewisham Merton Newham Redbridge Richmond upon Thames Southwark Sutton Tower Hamlets Waltham Forest Wandsworth

Pub Trade Hit By Riots

In the aftermath on the country's worst riots in decades many businesses are counting the true cost of the week's events.

As city centers became no go zones many pubs either chose to or on the advice of the police close their establishments in fear of safety of their staff and property. With pubs unable to trade, the loss of invaluable income will be the final nail in the coffin of many drinking holes.

JD Wetherspoon temporarily closed 15-20 pubs in south and south east London following a night of rioting which saw their Great Harry pub in Woolwich completely destroyed.

The pub was ransacked and set alight by rioters and was completely destroyed but fortunately no-one was injured.

In Stockport, Cheshire the Cherry Trees was set alight and unfortunately couldn't be saved.

Publican David Lee was devastated to see the business that he's struggles to make a go of destroyed in minutes. The last thing the industry needed was to lose revenue in this already crippling time. A number of staff will now be made unemployed.

There were no reports of pubs in the South West being affected.

Check out UK pubs for sale for a comprehensive list of Paramount's current pub disposals.

Paramount Pub Sales Team News

The London based property investment & development brokerage, Paramount Investments, would like to welcome Anthony Shaw to the property investments team. As business continues to thrive he will join the successful UK pubs sales team.

Gavin Sherman, Sales Director at Paramount Investments explained, "We act on behalf of breweries, pub companies, pub landlords, publicans, property developers, private, corporate and overseas property investors. Our property investment team can advise on pub and licensed property sales and acquisitions."

"Anthony 24 formally of house builder's Countryside Properties and graduated with a 2.1 in Estate Development at Westminster University. With the experience gained at Countryside and his enthusiasm to rise to new challenges he will be an excellent addition to the already strong property sales team," He continued

"We are very lucky to have secured the services of Anthony and wish him all the best" said Gavin Sherman.

RICS Construction Market Survey

The number of new build properties backed by the private sector continues to boost growth in the construction sector, while spending cuts still take their toll on public sector building.

This is the finding from the latest Royal Institution of Chartered Surveyors (RICS) Construction Market Survey, which revealed that construction of public sector housing declined in the three months to June this year.

Follow the link for more info on the RICS Construction Market Survey