The Government could extend opening hours for pubs and bars during the Queen's Diamond Jubilee weekend, Home Secretary Theresa May has said.
Under the plans, pubs, bars, community and village halls and other licensed venues in England and Wales will be able to open until 1am on Friday 1 June and Saturday 2 June next year.
British Beer & Pub Association chief executive Brigid Simmonds welcomed the move: "This is good news, as we have been calling for extra hours, which will keep Britain's pubs right at the heart of this huge national celebration, just as they were for the Royal Wedding.
"We will be hoping to persuade the Government to extend this further, and certainly to the Olympic and Paralympic opening and closing ceremonies."
20 Oct 2011
Government plans to extend opening hours for Queen's Diamond Jubilee - 10/12/2011 - Caterer Search
Licensed property news: Investors may focus on hotels for sale as sector grows
Licensed property news: Investors may focus on hotels for sale as sector grows
By: Paramount-Magazine Published Date: 18 Oct 2011 14:33
Hotels, bars and restaurants in London have been tipped to play a leading role in driving the UK economy out of recession, with this both creating thousands of new jobs as well as numerous opportunities for those looking to put money into hospitality sector property.
While growth in the UK economy as a whole remains sluggish, a spate of news reports indicate that the national hospitality sector is bucking the trend, with hoteliers in particular reporting renewed optimism.
According to a study published by Oxford Economics in partnership with the British Hospitality Association (BHA), tens of thousands of new jobs are set to be created by the sector's growth over the next few years.
Notably, this will go hand-in-hand with the construction and opening of new properties, including hotels and restaurants, again spelling good news for investors keen to tap into this potential.
The newly-published report highlights the importance of the next few months to the general wellbeing of not just the hospitality sector but of the UK economy as a whole.
In particular, it is widely-anticipated that the 2012 London Olympics, as well as the Queen's Golden Jubilee, which will be celebrated next year also, will go a long way towards placing the country firmly on the road to economic recovery, just as prime minister David Cameron noted back in the summer of 2010.
Illustrating the extent to which opportunities for property investment in hotels have picked up over recent months, the study found that more than 50 new hotels have been opened in Wales since 2000, with these creating thousands of people, generating millions for the Welsh economy and potentially helping to generate significant returns for investors.
Such a sense of optimism is supported by a separate report, this one the Hospitality Employment Index published by Caterer.com and People 1st.
According to the duo's joint research, the number of new jobs being created in the sector is growing at its fastest rate for more than two years right now, with the upcoming Olympics again being cited as the main driver of this trend.
Notably, releasing their findings, the pair state that such an upturn in employment opportunities is perhaps the strongest signal yet that the hospitality sector is bucking the national economic trend and going from strength to strength in the face of a possible double-dip recession.
Meanwhile, the UK culture secretary Jeremy Hunt has revealed that the government is in talks with the hospitality sector over the possibility of offering Britons discounted rates in hotels, bars and restaurants in London for the duration of the 2012 Games in order to prevent a mass exodus out of the country next summer.
19 Oct 2011
UK Pubs For Sale - UK Pub Sales Agents: RPI Increase Impact on Tenanted Pub Rents
RPI Increase Impact on Tenanted Pub Rents
The Retail Price Index (RPI) measure rose to 5.6% from 5.2% in August, according to the Office of National Statistics.Fears: RPI increase will affect tenants due for rent review
With around half of the UK’s tenanted pubs having RPI increases written into their leases, this new rise will be a blow to tenants due for an annual rent review with pub companies who increase rent levels according in line with RPI.The Consumer Price Index (CPI) measure was also up in August, reaching 5.2% from a previous 4.5%, as the UK's inflation rate rose in September.
Analysts claim an increase in energy costs was behind a large proportion of the rise in the inflation rate.
Leases that increase rent in line with RPI and CPI are not new. But they have become increasingly prevalent in the last couple of years and around 60% of all agreements within the Enterprise Inns estate, for example, have annual rent increases in line with RPI.
Walsall Pub For Sale, Walsall Property Investments For Sale
18 Oct 2011
Sunderland Pub For Sale, Sunderland Property Investments For Sale
Freehold Pub For Sale In Sunderland, Tyne and Wear Wear Tavern ( Formerly Pallion ) St. Lukes Terrace Sunderland Tyne and Wear SR4 Gross Site Area: 4479 sq/ft* £ 300,000 + VAT Freehold LOCATION The Pallion (Wear Tavern) is located on a large corner plot on the busy junction of St. Lukes Terrace and Mid Moor Road. The property fronts a busy commercial road but the area is mixed commercial and residential. Both the Royal Hospital and Universtiy are close by. Pallion Rail station is approximately 0.38miles from the site and Sunderland Rail 1.3miles away. PROPERTY Large brick building. Ground floor comprises a two bar operation. There is a small kitchen facility. We are advised that the private owners accommodation to the upper parts is of a large size. Please contact Paramount to arrange a viewing. FURTHER INFORMATION Vacant possession Development potential (STPP) Approx gross site area: 4,479 sq ft* Approx ground floor foot plate:.4,280 sq ft* Rateable Value: £9,100 Unconditional offers are invited for our clients unencumbered interest. The property represents excellent value for continued licensed use / owner occupation. There is also potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. Pub for Sale Sunderland 13 Oct 2011
Greenwich Site with planning For Sale, Greenwich Property Investments For Sale
South London Pub for Sale, SE10 Ricks Bar Trafalgar Road Greenwich Greater London SE10 Net Saleable: 7557 sq/ft* £ 925,000 Freehold The development is located on Trafalgar Road at its junction with Tyler Street and is conveniently positioned on a good retail pitch. The immediate area is a mix of retail and residential properties. A wealth of attractions can also be found in nearby Greenwich including shops, weekend markets, and restaurants as well as the Maritime Museum. For transport links Maze Hill Rail (National Rail Line) and Greenwich Station (DLR and National Rail lines) are a short distance for swift access into Central London and the City. Planning permission has been granted for the conversion and extension of this former public house into a mixed-use scheme comprising a ground floor commercial unit (A4) and 6 x self-contained apartments on the upper three floors (3x2-bed, 3x1-bed). Net saleable 7,557sq.ft Greater London Pub for Sale, Greenwich 11 Oct 2011
Prestigious awards for Snettisham pub - Business News - Lynn News
THE Rose and Crown, at Snettisham, has scored double success with TWO major awards in the 2012 Edition of The Good Pub Guide.
Looking every inch the quintessential English village inn, a long, low, white-washed building, covered in roses and facing the village green and cricket pitch, the Rose and Crown has been named East of England Pub of the Year and Norfolk Dining Pub of the Year.
Owner, Anthony Goodrich, said: “We are thrilled. It is our strategy to keep the Rose and Crown as a pub at heart, but one serving top-class food, and offering great accommodation.
“We have consciously resisted the trend amongst rural pubs to metamorphose into restaurants with bars.”
The Rose and Crown’s widespread reputation for good food is well earned.
All the dishes are prepared by head chef Jamie Clarke and his team using fresh, high-quality ingredients, and taking full advantage of the glorious produce of the area wherever possible, including local game and seafood.
The menu includes traditional pub favourites like spectacular fresh fish and chips, and an outstanding hamburger, as well as more sophisticated dishes.
Built in the 14th century to house the workmen building Snettisham’s famous church, the Rose and Crown has remained a true drinking pub.
Open log fires, well-worn pamment floors and low-beamed ceilings make it a popular meeting place for local people, as well as a haven for those from further away who appreciate good beers, friendly service and the buzz that comes with a proper busy village pub. Says Jeannette Goodrich: “Many of our customers are very sensitive about any changes we might make to the Rose and Crown.
via lynnnews.co.uk
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