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Article Details Freehold Pubs For Sale with Planning |
| UK Pub Trade Sales News Added: April 22, 2009 01:37:17 PM |
| Pub Trade News: |
| UK Pub Trade Directory - : UK Pub Trade News |
Property News - Freehold Pubs For Sale with Planning |
| Paramount to sell 25 freehold pubs: Property agent Paramount Investments has put 25 freehouses, worth a total of £12.2m, up for sale.Prices vary from £110,000 to £2m, with 10 pubs for sale on the list worth £600,000 or more, and three are worth over £1m.The pubs for sale are distributed throughout England, including several in London, and all are owned by private individuals.Paramount managing director Mark Greig said: “Part of the reason these pubs are so valuable is that in some cases they come with planning permission for redevelopment.“While you are waiting for planning permission in the current market, values will probably fall. But if you buy a property with planning permission, you can get on with your property development, modernisation or refurbishment project straight away.”Three pubs are for sale at more than £1m each are The Golden Lion in Rotherhithe, South East London (£1.1m); The Shakespeare’s Head in Percival Street in the City of London (£1.2m) and The Wagon & Horses in Hayes, Middlesex (£2m).Planning permission on some of the properties would allow new owners to start building rooms over the main pub to expand business through accommodation, added Greig. Paramount Pub Sales 150 West End Lane |
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
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.
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.
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.
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.
The licensed trade in the UK will be flourishing again in the next few years.