UK Pub Sales Agents on Twitter RSS News Feeds of Pub Trade News  & Pub Sales Listings UK Pub Sales Agents on Facebook Linked In: UK Pub Sale Agents

Bookmark and Share

UK Pub Sales Agents - UK Pubs For Sale - Pub Trade News & Pub Business Sales  - Article Details

London Pub Closures

UK Pub Trade Sales News Added: May 01, 2009 02:34:13 PM
Pub Trade News:
UK Pub Trade Directory - : Beer & Food Festivals

Property News - London Pub Closures

Five pubs a week are now shutting their doors in London, according to the Campaign for Real Ale. London lost some 230 pubs last year – a 53 per cent increase in the rate since the year before. New figures from the Greater London Authority reveal a massive increase in the number of fresh applications for planning permission for new homes on existing non-residential sites such as pubs, bars, clubs and hotels. More than 130,000 planning applications were lodged last year and conversion work has already begun on 85,000 sites. The figures for the previous year were 90,000 and 40,000. ‘The Pub trade is down. and the big breweries know the value of the properties. Many of them have decided that it is more profitable to sell them off to property developers for housing than run them as a pub,’ said Gavin Sherman of the Paramount Investment Property team. 'But finding the perfect pub for development doesn't happen by chance. The ability to determine your investment needs, identify problem areas and ask the right questions will help you make the right property investment choice before you proceed with any agreement' he says.'We advise national brewers and pub companies largely on property acquisitions, disposals, estate management work and associated commercial issues. The market is very active in the sale of trading or closed pubs for re-development conditional upon planning and licensing.' he continued..'Today we have had 8 new pubs that have never before on the market before. They all have their own redevelopment angle with out buildings and car parking space. One comes with an acre of land' 'We are inviting unconditional offers for quick exchanges. Our conveyancing packs, containing all legal documentation is available online at Paramount Investments
Paramount Investments are specialists in sourcing freehold and leasehold pubs for sale and other pub company or brewery investment opportunities in England, Scotland and Wales for potential property investors.

 Paramount Investments

150 West End Lane
West Hampstead
London NW6 1SD
DDI: 020 7644 2307
Fax: 020 7604 3457
Mob: 07949 175 280

Web: http://www.paramount-investments.co.uk
Blog: http://uk-pubs-for-sale.blogspot.com/

 
Ratings
You must be logged in to leave a rating.
Average rating: (0 votes)
Comments

No Comments Yet.


Visual Confirmation Security Code

*Enter the code shown:  

UK Pub Sales Agents News
Listed pubs for sale in the West Country
Property investors looking for pubs for sale might be interested to learn that two special properties in the West Country have come on the market
BBPA plans to rid pubs of red tape lunacy
At present public houses and breweries often have to endure long and costly delays when attempting to make often fairly small alterations.
Food sales could boost your pub's revenue
People looking to buy a pub should consider the benefits of serving food, says the All Party Parliamentary Beer Group.
Pubs remain a solid investment, figures show
Pubs and restaurants continued to defy the gloom and remain a solid investment, figures from Coffer Peach's Business Tracker show.
Licensed trade set for growth over the next few years
The licensed trade in the UK will be flourishing again in the next few years.