Freehold pubs go to auction next month
Twenty-five freehold pubs are set to go to under the hammer next month at two separate auctions held by Network Auctions and CP Bigwood.
Twenty-five freehold pubs are set to go to under the hammer next month at two separate auctions held by Network Auctions and CP Bigwood.
Traditional pub rents are usually set with reference to the profit that can be generated from the property, but high-street pubs and bars are usually valued on a rate per square foot. Why the difference?
Moorhouse’s, the Lancashire brewer and pub operator, saw sales continue to rise last year, with turnover up 18% to £4.5m in the 12 months to 30 September 2012.