UK Breweries: Brewery Industry News, Analysis & ReportsUK brewery and pub company shares have suffered "extraordinary underperformance". Many UK brewery and pub trade shares have retreated 50 per cent from their 2007 highs. Several UK pub chains, pubcos and pub companies embracing high-street names such as the Slug and Lettuce, Hogshead and Walkabout, have collapsed or been forced to sell. Industry groups say, in all, about 50 major British breweries have closed since 1990 .
UK breweries and pub companies are now reducing the asking prices of their pubs for sale in an effort to offload unprofitable, distressed, run down, empty or vacant pubs, restaurants, bars and hotels. These reduced property prices are tempting property developers and investors to look at the potential locked up in these prime country, city or town centre locations.
Subject to planning permission and change of use consent being granted, these pubs, restaurants, bars and hotels for sale may be suitable for refurbishment and redevelopment into offices, shops, HMOs, hostels, care homes, restaurants, flats or apartments.
Paramount Magazine provides news, press releases, advertising and marketing from UK pub trade newspapers, publications, periodicals and magazines from the pub, hotel and restaurant industries.
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6 Aug 2011
UK Breweries, Brewery Industry Financial Analysis, Share Price News & Company Reports
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