ALL OFFERS INVITED - Public house/development land for sale with full vacant possession. Unconditional offers are invited for our clients unencumbered interest. The property represents excellent value for continued licensed use / owner occupation. There is also enormous potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. The existing use class of the property is A4 'Drinking Establishments'. Planning consent is not required to change the current use to A1 (shops), A2 (financial and professional services) or A3 (restaurants and cafes). Rateable value: £7,375 Please note that VAT is applicable in this matter.
Claremont
Lower Breck Road
Liverpool
Merseyside
L6
Gross Site Area: 1765 sq/ft*
£ 215,000 + VAT
Freehold
7 Nov 2011
Liverpool Pub For Sale, Liverpool Property Investments For Sale
Pub sector business failures on the increase | 7 November 2011 | Stock Market Wire
Pub trade daily The Morning Advertiser reports that the number of businesses falling into administration in the licensed trade increased by more than one quarter between Q2 and Q3 2011, according to new down-beat figures from the Insolvency Service.The number of pub and bar operators going into administration more than doubled, from six to 13, although there was one fewer administration among restaurant operators in the quarter (13).
Across the licensed trade, excluding hotels, administrations went from 23 in Q2 to 31 in Q3. Year-on-year comparatives were also bleak for the industry, with 27 administrations in Q3 2010.
There was also a rise in compulsory liquidations in the industry, with 68 in Q3 against 44 in the previous quarter. Meanwhile, the number of company voluntary agreements in the sector fell from 14 to seven between Q2 and Q3 2011.
Peter Cooper, partner at Baker Tilly Restructuring and Recovery LLP, said: “The latest insolvency statistics for the hotel and licensed sectors support our previous predictions. Challenging trading conditions have translated into a significant number of bar, nightclub, restaurant and hotel insolvencies in Q3, with wet led pubs and bars being particularly badly hit. As expected, there is some regional variation with the London markets holding up better than the provinces.
“As Christmas approaches and the prospects for a full scale economic recovery become less certain, the key issues for the sector will continue to centre around consumer confidence and spending power, restricted working capital availability and, as a consequence, the threat that businesses will not be able to absorb the impact of unforeseen events such as adverse weather.
"This may well lead to a greater number of insolvencies in Q4 2011 and Q1 2012.”
Story provided by StockMarketWire.com
5 Nov 2011
Brighouse Pub For Sale, Brighouse Property Investments For Sale
4 Nov 2011
Licensed Property News: BBPA plans to rid pubs of red tape lunacy
Licensed Property News: BBPA plans to rid pubs of red tape lunacy
By: Paramount-Magazine Published Date: 02 Nov 2011 12:03
Existing landlords or people looking to buy a pub will be pleased to hear that the British Beer & Pub Association (BBPA) is urging the government to "stick to its guns" on planning reforms that will lead to a reduction in red tape for those seeking to make minor improvements to their premises.
At present public houses and breweries often have to endure long and costly delays when attempting to make often fairly small alterations.
But, at the same time as the BBPA submits evidence on the National Planning Policy Framework, the body is putting pressure on Westminster to follow through with proposed changes to the existing process.
BBPA chief executive Brigid Simmonds said the government is correct to pursue a reforming agenda as it is crucial to the UK’s growth and many jobs depend on it.
"We need a 'can do' culture from councils - and this means a presumption in favour of approving improvements or expansions of small and sustainable businesses like breweries or pubs, whilst of course taking on board legitimate development control concerns," she stated.
Last month Michelin Guide editor Rebecca Burr said that despite gloomy economic circumstances, the pub trade is still flourishing for many, adding “what recession?”
3 Nov 2011
Colchester Pub For Sale, Colchester Property Investments For Sale
2 Nov 2011
Southampton Pub For Sale, Southampton Property Investments For Sale
Hampshire Investment Property for Sale Plume of Feathers (delicenced) St. Mary Street Southampton Hampshire SO14 Ground floor footplate: 1661 sq/ft* £ 275,000 + VAT LOCATION The building is 2storey semi-detached and is located on the busy St Mary Street which is predominantly commercial area. The property fronts the main road and the local market trading area. Southampton Rail station is 0.79 miles west of the site and the Bargate shopping centre and West Quay retail park are close by. FURTHER INFORMATION Vacant possession Property is being sold delicenced Development potential (STPP) Approx ground floor foot plate / gross site area: 1,771 sq.ft* Unconditional offers are invited for our clients unencumbered interest. The property represents excellent potential for redevelopment (residential / commercial / mixed use) subject to gaining the appropriate Local Authority consents. Freehold Building For Sale In Southampton, Hampshire 1 Nov 2011
BBC News - Scottish government reintroduces alcohol pricing bill
Plans to reintroduce a minimum price for a unit of alcohol in Scotland are set to be announced by ministers.
Official figures have suggested Scots drink more than people in other parts of the UK.
A first attempt by the SNP to push through a similar price proposal failed during the last parliament.
MSPs rejected the idea before the May election, but after the SNP's majority win at that poll the fresh plan is set to become law before next summer.
The debate around minimum pricing has proved one of the most contentious issues the Scottish Parliament has had to discuss.
During the first attempt to bring forward the legislation, the SNP minority government proposed setting the minimum price at 45p per unit.
That would have resulted in;
- an own-brand bottle of vodka increasing in price from from £8.35 to £11.85
- a two-litre bottle of cider going up from £1.20 to £3.75
- and the cost of a bottle of wine moving from £3.75 to £4.20
The 45p proposal was rejected, and it is unclear at this stage what new price the government will put forward.
It is understood a figure will be suggested in the new year, after more research is carried out.
Scotland's health secretary, Nicola Sturgeon, promised her party's annual conference on 21 October that a new minimum pricing on alcohol bill would be back before MSPs "within the month".
Ms Sturgeon is expected to speak about the pricing plan when she visits Glasgow's Gartnavel Royal Hospital, where there is a specialist unit to tackle alcohol misuse.
The Scottish government has estimated that the country's alcohol problems cost £3.56bn each year - or £900 for every adult.
via bbc.co.uk
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