Alfreton pub for Sale, Derbyshire

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Freehold Pub For Sale In Alfreton, Derbyshire

 

Station

Mansfield Road

Alfreton

Derbyshire

DE55 

 

Gross Site Area: 7755 sq/ft*

 

£ 275,000 + VAT

Freehold

 

LOCATION

The Station Hotel occupies a prominent position on a corner plot on Mansfield Road in Alfreton. The property is under half a mile from Alfreton Railway Station and is in close proximity to the M1 motorway providing excellent transport links.

 

PROPERTY

Large two storey brick building with good size car park accessible via Parkin Street.

 

FURTHER INFORMATION

Vacant possession

Development potential (STPP)

Approx gross site area: 7,755 sq ft*

Approx ground floor foot plate: 3,494 sq ft*

Rateable Value: £5,900

 

Derbyshire Pub for Sale, Alfreton

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Alton Pub For Sale, Alton Property Investments For Sale

via paramountinvestments.co.uk

Freehold Pub For Sale In Alton, Hampshire Gentleman Jim Raven Square Alton Hampshire GU34 Gross Site Area: 13393 sq/ft* £ 300,000 + VAT LOCATION Located in Hampshire on the outskirts of the town in Alton. There is easy access to the A31 and Altern Station and Altern Watercress station within a mile away. PROPERTY Semi detached, part single-storey part 2-storey building. Small Patio to the front property and some parking to the side and rear. FURTHER INFORMATION Vacant possession Development potential (STPP) Approx gross site area: 13.393 sq.ft* Approx ground floor foot plate: 4,333 sq.ft* Rateable Value: £7,250 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. Freehold Pub for Sale, Alton, Hampshire

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Caldicot Pub For Sale, Caldicot Property Investments For Sale

via paramountinvestments.co.uk

Northgate Inn Caerwent Caldicot Sir Fynwy NP26 Gross Site Area: 16341 sq/ft* £ 350,000 + VAT Freehold Pub For Sale in Caerwent, Nr Caldicot PROPERTY Ground floor comprises a large open plan bar/lounge with a trade kitchen. Private accommodation comprises a large living room, kitchen and domestic bathroom. There are 3 bedrooms. LOCATION Located on the A48 motorway in a prominent position and very close to the M48 motorway. There is a car park at the front and a beer garden to the rear. FURTHER INFORMATION Offered for sale with full vacant possession. Approx gross site area: 16,341 sq ft* Approx ground floor foot plate: 2,187 sq ft* Rateable Value: £14,400 All 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. 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). Please note that VAT may be applicable in this matter.

Posted via email from UK Pubs For Sale And Development

UK Pubs For Sale - UK Freehold Pubs For Sale: JD Wetherspoons Announces Current Trading

JD Wetherspoons Announces Current Trading

JD Wetherspoon plc announces an update on current trading before entering its closed period for its interim results for the six months ending 22 January 2012, which are expected to be announced on 9 March 2012.

Current trading

For the first twelve weeks of the second quarter (to 15 January 2012), like-for-like sales increased by 3.6%, compared to 1.1% growth in the first quarter (to 23 October 2011). Total sales, including new pubs, for the first twelve weeks of the second quarter increased by 9.9%, compared to 7.3% in the first quarter. In the year to date (25 weeks to 15 January 2012), like-for-like sales increased by 2.3% and total sales increased by 8.5%.

December LFL sales were strong, mainly due to adverse weather conditions last year. Sales growth for the period before and after December was approximately in line with the first quarter.

We expect the operating margin for the half year ending 22 January 2012 to be slightly below that achieved in the first quarter of this financial year, with the potential for further decline in the second half of this financial year due to continuing cost increases. We expect the Company’s corporation tax rate for this financial year to be around 29%.

Property

The Company has opened 18 new pubs and closed 2 pubs since the start of this financial year. We have a number of sites under development and, in line with previous estimates, intend to open approximately 50 pubs in the current financial year.

Financial position

There have been no significant changes in the Company's overall financial position, since the publication on 6 October 2011 of the annual report and accounts for the year ended 24 July 2011.

Outlook

Our sales, profit and cash flow remain resilient. As previously stated, the main challenges for the Company, in this financial year of 53 trading weeks, will be the continuing cost pressures resulting from government legislation, including further increases to excise duty, business rates and carbon tax. In addition, as previously stated, pubs pay VAT on food, whereas supermarkets do not, and also pay far higher rates of VAT than similar businesses in Ireland and France, for example. In order to maximise job creation and taxation revenues, we believe the government needs to reduce VAT for pubs and restaurants as a priority. Notwithstanding these issues the Company is aiming for a reasonable outcome in the current financial year.

JD Wetherspoons

via pubs-for-sale.biz

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BBC News - Oxfordshire loses 35 pubs in 2011

Oxfordshire loses 35 pubs in 2011

Thirty-five pubs closed in Oxfordshire last year, including 11 which will never reopen, the Campaign for Real Ale has said.

The British Beer and Pub Association said nationally 14 pubs closed every week, down from 52 a week in 2009.

But the chief executive, Brigid Simmonds, said beer taxation was still a "big problem" for the industry.

She said: "We pay 40% of all beer tax in the whole of Europe and that is killing pubs."

'Got to be good'

The Lamb at Satwell just outside Nettlebed closed two weeks ago.

Its co-owner Chris Smith said it was difficult to compete with the price of supermarket alcohol.

"You see the drinkers getting less and less all the time," he said.

Paul Clerehugh, from The Crooked Billet at nearby Stoke Row, said pubs were the most important part of the village and could be made to work.

"Pubs have got to be good to have any value to the community," he said.

via bbc.co.uk

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Holywell Pub For Sale, Holywell Property Investments For Sale

via paramountinvestments.co.uk

Flintshire Freehold Pub and Development Land for Sale Swan Rhewl Holywell Flintshire CH8 Gross Site Area: 24814 sq/ft* £ 90,000 + VAT Freehold 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). Approx ground floor foot plate: 2,657 sq ft* Rateable Value: £9,000 Please note that VAT may be applicable in this matter. Public House With Land for Sale, Flintshire

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UK Pub Sales Agents News - Ban on Pubs & Bars Selling Below Cost Alcohol

Property News - Ban on Pubs & Bars Selling Below Cost Alcohol

Licensing Legal looks at the introduction of the ban on below-cost alcohol. This means that shops and bars will no longer be able to sell drinks for less than the tax they have paid on them. The Government believes that this move will reduce alcohol-related crime but how will this affect most businesses?

There is little known about the implications, as with most new legislation the outcome can only really be assessed once it becomes a reality. Speculation is rife as to what effect this will have; the honest answer is that we simply don’t know.

The ban has been calculated using a duty plus VAT rate, which will prevent the following:

• a litre of vodka being sold for less than £10.71
• 440ml of lager being sold for less than 38p
• a litre of cider being sold for less than 40p

To put this into perspective – in the run up to Christmas, several supermarkets were offering deals whereby alcohol could be purchased for as little as 43p per pint. One leading supermarket chain even offered three for £20 on a range of cases of beers and ciders.

It is probably realistic to say that the ban will have little impact on most pubs and bars; and it is doubtful that it will go far enough to ensure that supermarkets raise their prices and level out the playing field for their competition. Representatives of the ‘on’ trade specifically called for more support to be offered to pubs by raising the price even further so that they could compete more fairly.

In truth, most pubs and bars cannot afford to lower their costs significantly in order to return a higher profit.

The reality is that the ban has been implemented to assist in the reduction of alcohol-related crime and health issues. Is it another blow to the industry? Perhaps, but then a survey conducted using a focus group revealed that only large price increases would have an impact on Crime & Disorder and on consumption.  This ban will probably be a barely noticeable bump in the road for most Operators.

via uk-pub-sales.net

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