Property Law

PRS and PPL stay silent on merger

PRS and PPL stay silent on merger

By Ellie Bothwell and Helen Gilbert

PPL and PRS for Music, the music licensing bodies, have remained tight-lipped on whether they will merge after concerns were raised over their "illogical" relationship.

Stonegate Pub Company package sold to OLIM Property in £28m deal

Stonegate-operated package sold in £28m deal

By Mark Wingett

OLIM Property, the property investment company led by former Liberal Democrat Treasury spokesman Matthew Oakeshott, has acquired 15 freehold pubs let to Stonegate Pub Company for £28.3m.

Pub tenants warned over break clauses

Pub tenants warned over break clauses

By Ellie Bothwell

A property lawyer has advised pub tenants to check whether break clauses are outlined as unconditional in their lease, after the Court of Appeal ruled last week that Marks & Spencer (M&S) was not obliged to receive a refund in rent following a...

Banks still slow to lend to pubs, say agents

Banks still slow to lend to pubs, say agents

By Ellie Bothwell

Banks still perceive the pub sector as “a risky bet” when it comes to lending and will only consider issuing loans if applications meet stringent criteria, according to property agents.

Third of non-domestic properties given low EPC rating

Third of non-domestic properties given low EPC rating

By Ellie Bothwell

A third of non-domestic properties that had an  energy performance certificate (EPC) lodged last year were given a poor rating of E or lower, according to a new Government report on the energy performance of building certificates.

CAMRA's pub protection measures spark concern

CAMRA's pub protection measures spark concern

By Ellie Bothwell

The pub protection measures put to London Mayor Boris Johnson by the Campaign for Real Ale (CAMRA) could “detrimentally impact” the value of pubs, according to a leading property agent.

McMullen invests in major refurb programme

McMullen invests in major refurb programme

By Ruth Williams

McMullen, the Hertford-based brewer and pub company, has invested £240,000 renovating five of its pubs as part of its on-going investment plans across its estate.

Westminster proposes pub protection policy

Westminster proposes pub protection policy

By Ruth Williams

Pubs in central London will have to be marketed for at least a year before a developer can change its use, if Westminster City Council’s proposal for a new planning policy is rubberstamped.

Pub trade warned over tax relief changes

Pub trade warned over tax relief changes

By Ellie Bothwell

Property experts have raised concerns about new changes to tax relief that could make it more difficult for publicans to receive discounts.

Pub finance specialist says banks are 'desperate to lend'

Pub finance specialist says banks are 'desperate to lend'

By Ellie Bothwell

A pub finance specialist has defended the Liberal Democrats’ adoption of ‘pro-pub’ policies last month and claimed that banks are “desperate to increase lending” to small businesses, after property agents slammed the measures as “naïve” and difficult...

Pubs 'three times harder to save' than village shops

Pubs 'three times harder to save' than village shops

By Ellie Bothwell

It is three times harder to “save” a pub than a village shop, despite the fact that an increasing number of communities are willing and able to purchase and run their own local.

How to buy a pub

Top tips for pub buyers

By Simon Hall

Purchasing a pub can be hugely nerve-racking, with a multitude of things to consider before you get your name above the door. Simon Hall, director and head of pubs at Fleurets, shares seven points to consider before making the leap

Business rates energy use proposal 'problematic'

Business rates based on energy usage would be 'very problematic'

By Ellie Bothwell

Creating a new business rates system based on energy usage rather than rateable value would be “very problematic” — that’s the warning from a leading energy consultant for pubs, after the British Retail Consortium (BRC) put forward the proposal last week.

McMullen refurbishes tenanted pubs

McMullen's enhances tenanted pubs to managed house standard

By John Harrington

Around 70% of McMullen’s tenanted pubs have been enhanced to the standard of its managed houses following a series of ‘rep and dec’ investments, tenant operations manager Gavin Mansfield has told the Publican’s Morning Advertiser’s sister title M&C...

Save the Old White Bear Hampstead London

Hampstead pub campaigners celebrate after conversion refusal

By Ellie Bothwell

Campaigners out to save the Old White Bear in Hampstead, north-west London, are celebrating after Camden Council refused to give permission to convert the pub, which is listed as an asset of community value (ACV), into a six-bedroom house.

Government business rates review

Pub property agents welcome business rates reform

By Ellie Bothwell

Property agents have welcomed a potential reform of business rates, stating that the current system is an “over complicated, onerous tax burden” to the pub trade, following the Government’s announcement outlining the details of the upcoming rates review...

Assets of community value pubs property

Pub property agents slam ACV procedures

By Ellie Bothwell

Property agents have spoken out against councils listing pubs as assets of community value (ACV), saying the process is “long” and “unwieldy”.

Restrictive covenants pub company

Restrictive covenants rarely used, claim property agents

By Ellie Bothwell

Pub property agents have defended the practices of large pub companies and claimed that restrictive covenants are rarely used, after the Local Government Association (LGA) last week called for a ban on the measure, which forces pubs to change use after...

Westminster Tommy Cooper Leicester Square Hand & Racquet Odeon

Iconic London pub faces the bulldozers

By Ellie Bothwell

An iconic London pub, favoured by the late comedians Tommy Cooper, Tony Hancock and Sid James, is facing demolition after Westminster Council approved redevelopment plans for a hotel and cinema complex.

Tax relief pubs

Licensees 'missing out on tax relief'

By Ellie Bothwell

Pub licensees are missing out on thousands of pounds in unclaimed tax relief, known as capital allowances — that’s according to a chartered accountancy firm.

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Property of the week

Trust Nightclub - Friars Gate, Warrington

£ 150,000 - To Let

Friars Gate, WarringtonLocated in the Heart of the Town Centre Nightclub Circuit6AM Licence on Friday & SaturdayClose Proximity to UniversitySeparate Floors AvailablePotential to Split Subject...

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