All businesses in the leisure sector are facing hefty business rates charges, none more so than pubs. The annual increase in rates bills is running at odds with the wider economic conditions — property values and turnover are falling while business rates...
The average sale price of bottom-end freehold pubs across the UK increased 16% in the year to 30 September, while the average sale price of freehold freehouses climbed 17%.
Property agent Colliers International has set up an online petition against the Government’s decision to push back business rates revaluations by two years.
A group of residents in East Sussex is looking to raise £200,000 to re-open a pub that has been closed for two years, by asking locals to buy shares in the site.
Children of parents who drink above the Government’s unit guidelines are more likely to have ever been drunk than children of parents who are low risk drinkers (19% vs.11%) and to drink at least monthly (21% vs. 12%), reveals new research from Drinkaware.
Licensees in England are a step closer to seeing a faster and more transparent approach to planning permission appeals, as the Government begins a consultation on the issue.
The Royal Borough of Kensington and Chelsea (RBKC) is set to present its proposed planning policy to protect pubs to the Government next month, with a view to introducing it next year.
The Government is looking to cut down on legal objections to the way planning applications are handled, as the Prime Minister announced his intention to “get a grip” of the judicial review process.
Twelve freehold pubs, with guide prices ranging from £75,000 to £220,000, are set to go under the hammer at an auction held by Sidney Phillips on Wednesday, 5 December.
Pubs have been saved from an average 11% rise in business rates payments, following the Government’s announcement to push back revaluations by two years.
Almost 6,000 licensees are still awaiting the outcome of their 2010 business rates appeals, with an estimated refund expected of £32,000 per successful case.
The British Beer & Pub Association (BBPA) has questioned Cambridge City Council’s plans to make it harder for the change of use and demolition of pubs.
Brakspear, the Henley-based pub operator, has bought its first pub on a sale and lease back basis with the acquisition of the Running Horses in Mickleham, Surrey.
Licensees will have to pay their current business rates for an extra two years as the Government has announced that it is to postpone the next business rates revaluation in England to 2017.
A pub finance broker has set up a new facility to lend against closed pubs, for licensees with a good track record in the licensed trade looking to buy a freehold.
Pub finance brokers have hit out at the Government’s plans to put £1bn into setting up a bank designed to increase the amount of lending to small and medium businesses.
Admiral Taverns, the tenanted pub operator, has announced that it is to work with recruitment and training firm Acorn to help recruit tenants to its pubs.
Politicians looking to improve pub business rates must make it clear what they are asking the Government for, according to business rates specialist Michael Yass, director at Chesterton Humberts.
The pub property market appears to be bottoming out with wet-led businesses moving towards a more “stabilised level of trade”, according to agent Jones Lang LaSalle.
Is selling the freehold of your pub proving to be difficult? Simon Hall, director and head of pubs at Fleurets, explains why you should consider letting.
Luke Johnson, the serial sector investor, criticised landlords during his keynote speech at the BCSC conference, calling for wholesale changes to the relationship between landlords and tenants.
Empty pubs could be targeted by squatters after the Government introduced new legislation that makes squatting in residential properties a criminal offence.
Pubs in the Royal Borough of Kensington and Chelsea are a step closer from being saved from closure as the council has issued its final consultation on its draft planning policy.
The plans by the Government to ease planning restrictions are to be eased temporarily should be viewed as good news and an opportunity for pubs, according to a leading advisor.
Pub property sales in Suffolk appear to be picking up as agents Simon Jackaman Associates and Christie+Co are dealing with “ever-increasing demand” in the county.
When the Pubs Independent Rent Review Scheme (PIRRS) was introduced in 2009, it was seen as the new BII-led low-cost ‘arbitration’ service. Barry Gillham, chairman at property agent Fleurets, explains why the scheme is the way forward.
Local authorities should use planning powers to encourage a “dispersal” of bars and clubs aimed at 18 to 24-year-olds to tackle binge drinking – that’s the findings of research by a social policy research charity.
Harveys, the Sussex brewer and pub operator, could apply its pub franchise agreement to future pub acquisitions, joint managing director Hamish Elder has revealed.
Pub tenants should keep a closer eye on rent review dates, or face paying a higher rent for a longer period than they should — that’s the warning from licensing surveyor Morgan & Clarke.
Licensees who have a pub with a rateable value (RV) below £12,000 must check their bills to make sure that they are receiving small business rates relief (SBRR).
Friars Gate, WarringtonLocated in the Heart of the Town Centre Nightclub Circuit6AM Licence on Friday & SaturdayClose Proximity to UniversitySeparate Floors AvailablePotential to Split Subject...
