Investors who are looking for pubs for sale might be interested to note that the Malt Shovel in Coventry is a "centuries-old pub with historical significance", according to the Campaign for Real Ale (Camra).
Camra branch chair Mike Tierney argued in the Coventry Telegraph that the old pub, which is located in the Spon End part of the city, should not be subjected to a change of use application because this would have "an adverse impact on the nature of the locality".
Unfortunately for would-be investors, the Malt Shovel has already been bought and is reportedly to be transformed into a hypnotherapy centre.
Planning permission has been granted despite opposition from Camra, although councillors made an alteration to the application to ensure the venue will go back to being a pub if the new business fails.
Meanwhile, two former school buildings in Bolton could undergo a change of use and be turned into student accommodation.
Paramount Investments are London based commercial property agents and valuers, acting on behalf of property companies along with UK breweries,pub companies, pub chains, pub landlords and publicans.
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