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Claremont
Lower Breck Road
Liverpool
Merseyside
L6
Gross Site Area: 1765 sq/ft*
£ 215,000 + VAT
Freehold
4 Jan 2011
Pub for sale Merseyside, Pub for sale Liverpool
UK Pubs For Sale: Freehold Pubs For Sale
VAT Increase Hit Pubs
The new 20% VAT rate will hit the beer and pub industry hard, and at a time when the UK Pub industry is already on its knees. The British Beer & Pub Association said today’s increase will add a further 6p to the price of a pint of beer, pushing the average cost through the £3 mark for the first time.The organisation said supermarkets would be better placed to absorb the impact of the VAT increase, which is intended to raise an extra £13 billion in revenue for the government.
BBPA chief executive Brigid Simmonds said: “The VAT rise is another tax blow for the industry. The Treasury is piling tax on top of tax.
“The 26% rise in beer duty in the past two years will now have an even higher VAT rate charged on top of it. The Treasury needs to think again when it comes to plans for further beer tax hikes in March.
“The Government has recognised that tax increases harm pubs, and wants policies that don’t damage the sector. Now is the time to translate this wish into action, with policies that keep pubs open, and create jobs and wealth in the UK economy.”
Some retailers have pledged to keep prices at original levels to help cash-strapped customers. A poll by the British Retail Consortium found that 80% of retailers believe the VAT increase will hit sales this year.
UK Pubs For Sale: Freehold Pubs For Sale: UK Pubs Music Licensing Red Tape
UK Pubs Music Licensing Red Tape
12 Months ago the Department for Culture, Media & Sport (DCMS) launched a consultation to exempt small live music events from the bureaucracy of the Licensing Act. UK Music are seeking to remind the coalition Government of the outcomes of the original consultation.Commenting on the findings of the original consultation, Feargal Sharkey, CEO of UK Music said:
“While delighted that an overwhelming number of respondents wanted small venues to be exempt from the red tape of the Licensing Act, there is immense frustration that we are still waiting for the Coalition to deliver on their promises.
“Live music is part of this country’s DNA. It stitches communities together. And, particularly in the current economic climate, it remains a vital part of the livelihood of musicians, pubs, clubs, bars and a host of other businesses.
“Thanks to the tireless efforts of Lord Clement-Jones, there is a Private Members Bill in motion that could remove this barrier to progress. However, the Licensing Minister has the power to meet his stated commitment within 40 days. I hope he can take the overwhelming message of this belated consultation onboard: give power back to local communities, liberate small scale live music and take it out of the Licensing Act.”
The Licensing Act is hurting small scale live music is beyond doubt. This has been the conclusion of eight previous consultations, two Government research projects, two national review processes and a Parliamentary Select Committee.
An exemption for small premises would not only help young emerging artists and jobbing musicians, but also the livelihood of pubs, clubs, bars and village halls.⁵
The Coalition Government’s Manifesto, published in May 2010, included a commitment to “cut red tape to encourage the performance of more live music”.
Licensed Property: UK Pubs For Sale: UK Pub Jobs Hit By VAT Increase
UK Pub Jobs Hit By VAT Increase
The VAT increase which came into force today will lead to the typical cost of a pint of beer in a pub breaking through the £3 barrier for the first time, said The British Beer & Pub AssociationThe increase in VAT to 20 per cent would add a further 6p to the cost of a pint of beer, on top of the 26 per cent rise in beer tax seen during the past two years.
It warned that the "double whammy" of the increase to duty and VAT was placing "shackles" on the pub and hospitality sector, and it urged the Government to abandon plans for further beer tax increases.
The warning comes as nervous retailers promise to absorb or delay today's 2.5 per cent VAT hike but admit they can only defer higher prices for so long.
The BBPA said the tax increase would hit pubs, in which beer is the key seller, more than other retailers, as many are small, family-run businesses, which are less able to absorb the cost than big supermarkets.
Research carried out for the group by Oxford Economics suggests that the VAT increase will lead to the loss of around 8,800 jobs related to the sale of beer.
3 Jan 2011
Pub for sale Tyne and Wear, Pub for sale Sunderland
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Central
Bridge Street
Sunderland
Tyne and Wear
SR1
Ground floor footplate: 2091 sq/ft*
£ 135,000 + VAT
Freehold
Licensed property news: Christmas Day 'will see busy pubs'
Pub companies renting a pub could see food sales rise on Christmas Day with more families opting for a meal out rather than slaving away over a turkey at home.
According to the Financial Times, Whitbread figures show Christmas Day covers rose by 13.5 per cent between 2008 and 2009, compared with a 6.2 per cent increase in meals throughout the rest of the year.
Harvester and Crown Carvaries parent company Mitchells & Butlers announced it expects to generate more money on December 25th than on any other day of the year, the newspaper reports.
Adam Fowle, chief executive of the pub company, told the paper that not all patrons will opt for turkey when they head out.
While the traditional festive meat looks likely to be the most popular dish tomorrow, many men will choose steak instead.
Meanwhile, the British Beer & Pub Association has called on the government to delay the VAT rise because of poor weather conditions hitting the pub trade hard this December.
Pub for sale Greater Manchester, Pub for sale Wigan
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Poolstock Lane
Poolstock Lane
Wigan
Greater Manchester
WN3
Ground floor footplate: 2253 sq/ft*
£ 100,000
Freehold