8 Nov 2010

UK Property Market Flooded With Cheap Freehold Pubs for Sale:

Paramount Investments are a London based property investment brokerage, offering properties for sale suitable for redevelopment, conversion, modernisation and refurbishment. ''We can advise in all areas of property investment and development such as residential, leisure, office, retail, industrial, healthcare and student housing.'' said Mark Greig,, Managing Director at Paramount Investments.

There have been more appealing times to be a landlord as the financial crisis is forcing drinkers to think long and hard before they reach in their pockets. The financial situation is being blamed for the recent crisis in the pub trade, which has seen pubs closing and changing hands on a monthly basis. The pub trade is also suffering because of the smoking ban and competition from cheap supermarket drinks. The price of freehold pubs continues to fall, as breweries, pub chains and pub companies offload unprofitable, struggling, run down or vacant pubs.

Mark Grieg said: "A number of pubs have closed and falling property prices are creating tremendous bargains within the pub market for licensees who know they can respond to the challenges facing the modern trade. 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."

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 property investment around.

''In the current climate pub companies are not investing in the re-opening of pubs so that local pubs all over the UK are being sold on to investors. Recent price cuts caused are tempting entrepreneurs to look at the potential locked up in sites previocusly thought too expensive to run as a business. As property investments or development opportunities, these neglected, disused or delicensed freehold properties are currently for sale at below market value and present excellent redevelopment, modernisation and refurbishment opportunities, subject to gaining consent for change of use or planning permission'' he added.

''Pubs in the UK have a flexible A4 planning 'use class' that normally can be changed to residential or A1 use, say, for a newsagents, A2, a delicatessen or a firm of solicitors or architects or A3 for use as a restaurants. We help corporate and private investors research the local area to learn about any planning restrictions orf new developments that may have an effect on the rental market or the capital growth of the commercial property investment'' said Mark.

''The due dilligence process can be one of the most critical elements in commercial property investment, especially if you lack the knowledge required to make an informed investment decision,'' he continued. ''The Paramount property sales database can save time on property viewings, local research, due dilligence and conveyancing. Commercial property sales details include full sales documentation, schedule of accommodation, title plan, lease, tenancy agreements, contracts of sale, schedules of tenancy, projections, appraisals, floor plans, local authority searches, soil surveys, structural reports, title deeds, planning documentation, as well as professional aerial photographs and detailed maps.showing the exact location of the hotel or pub for sale. ''

The London based commercial property agents Paramount Investments have a wide range of freehold pubs for sale in the UK, from £59,000 +VAT for the Black Horse Tavern in Durham to McGoverns in Kilburn for £2.5 million

Latest Pubs and Hotels for Sale

1/ Flying Dutchman Inn, Cemetery Road, Barnsley, Sth Yorkshire S74 0JN - £250,000
2/ Great Escape, Nantgwyneth St, Georgetown, Merthyr Tydfil, CF48 1DE - £100,000
3/ Swan Hotel, Swan Square, Abergele, Conwy LL22 8RY - £150,000
4/ Talisman, Chestnut Grove, Doncaster, South Yorkshire DN12 2JA - £250,000
5/ White Swan, Baptist End Rd, Dudley, Midlands DY2 9DJ - £225,000
6/ Crown Inn, Church St, Bollington, Macclesfield SK10 5QD - £225,000
7/ King Arms, 177 Chorley Old Rd, Bolton, Greater Manchester BL1 3BE - £250,000
8/ Lingholme, Dentons Green Lane, St Helens, Merseyside WA10 2NA - £275,000
9/ Pit Laddie, Dundas St, Spennymoor, Durham DL16 6AS - £100,000
10/ Red Lion, 259 High St, Orpington, London BR5 4AR - £375,000
11/ Swan, Carr Lane, Huddersfield, Yorkshire HD7 5BQ - £175,000

Contact

The licensed property sales team at Paramount Investments offer freehold pubs for sale and leasehold pubs for sale and ensure a stress free and profitable solution. They provide a full suite of commercial property services, from the acquisition of a single pub to the valuation and disposal of licensed property portfolios for corporate investors. They also advise on pub company, pub chain or brewery businesses pubs for sale throughout the UK. For more information on freehold commercial property sales, investments and developments or to discuss a specific property or issue, please contact Paramount directly.

Paramount Investments

Michelle Milner-Eradhun
150 West End Lane
West Hampstead
London NW6 1SD
England
United Kingdom

Tel: 020 7644 2333

Email: michelle@paramount-properties.co.uk
Web: Paramount Property Investments
Blog: Pubs & Hotels For Sale
News: Property Investment News

Posted via email from UK Pubs For Sale And Development

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