14 Feb 2012
Ashton-under-Lyne Pub For Sale, Ashton-under-Lyne Property Investments For Sale
Huddersfield Pub for Sale, Pub for Sale West Yorkshire
Leasehold Pub For Sale In Huddersfield, West YorkshireShip Inn
Market Street
Paddock, Huddersfield
West Yorkshire
HD1Gross Site Area: 7106 sq/ft*
£ 325,000 + VAT
LeaseholdLOCATION
The Ship can be found on the corner of Market Street and School Lane. Situated on a mixed commercial and residential street. The property is approximately 1 mile from Lockwood Rail Station and 1.3 miles from Huddersfield Rail Station.PROPERTY
Prominent corner plot detached building. Offers parking and outdoor seating area.FURTHER INFORMATION
Vacant possession
Development potential (STPP)
Approx gross site area: 7,106 sq.ft*
Approx ground floor foot plate: 2,391 sq.ft*
Rateable Value: £5,750
Offers invited for our clients unencumbered interestLease length: Long Leasehold, 999 years from 1868 @ £10pa
Mild post festive hangover for UK pubs and restaurants - Eat Out Magazine
Leading UK pub and restaurant groups saw collective like-for-like sales fall 2.1% in January against the same month last year - although total sales, which include the effect of new openings, were still ahead 2.2% on January 2011.
The figures come from the Coffer Peach Business Tracker, which collects monthly performance data from 23 major operators.
Peter Martin of Peach Factory said that despite the initial negative outlook the restaurant industry shouldn't be concerned: "The market won't be too disappointed by these latest set of numbers, as they come on the back of a bumper December for the market and in a traditionally quiet trading month."
The market recorded collective like-for-likes up 9.9% in December on the same period last year, with total sales ahead 13.7%.
Martin added: "Also, sales in January last year benefited from a bounce-back in spending after a poor, snow-hit December, when many people stayed home. As ever, the weather, and in particular snow, is a major influence on trading, as we have already seen in the first week of this February.
"Restaurant and pub operators are generally optimistic about prospects for their businesses this year. Despite all the economic difficulties of the past two years, the market has shown real resilience, with the public still willing to go out to eat and drink. Sales figures have been positive for the majority of that time."
Pubs are vital to UK economy and community, think tank report concludes
Pubs are vital to UK economy and community, think tank report concludes
“Pubs are perceived by people to be the most important social institution for promoting interactions between people from different walks of life,” explains the report’s author, Rick Muir.Benefits of traditional pubs, which the IPPR’s Pubs and Places: the social value of community pubs report cautions are increasingly under threat from societal and global economic changes, far outweigh those of other establishments for a number of reasons, as Muir again summaries in the report:
“Pubs inject an average of £80,000 into their local economy each year. Pubs add more value to local economies than beer sold through shops and supermarkets, simply because they generate more jobs. Beer sold through pubs also generates more funding for the public purse than beer sold through the ‘off trade’.“
As bastions of British heritage that perform crucial business and community functions across the UK, the social cost and economic cost of permitting the decline to continue is not justifiable.
There could be a number of incentive undertaken by government and by publicans to stem the decline.
Given the importance of their social function, they could theoretically be extended financial perks reserved for third sector organisations, including grants and tax breaks, Muir explains.
“The relationship between the large pub companies and their tenants should be rebalanced,” writes Muir. “Pub companies with more than 500 pubs offering commercial FRI leases over a period of time to provide flexibility to lessees including a guest beer option and an option to become free of ‘tie’ accompanied by an open market rent review. There should be a single stronger and more comprehensive code of practice supported by an independently constituted adjudicator with the ability to provide redress to lessees where the code is breached. “
Alcohol could also be lowered, or at least structured in a way that would allow lucrative city centre bars to continue paying high rates of tax at the same time as allowing ailing yet vital community drinking establishments to pay a lower amount.







