Article DetailsPub sales agent slashes asking prices for UK pubs |
| Date Added: October 29, 2008 07:26:05 PM |
| Author: |
| Category: UK Pubs & Bars |
| Paramount Investments, which in the past has bought and sold pubs for the likes of Punch Taverns and Admiral Taverns, has revealed it has slashed the asking prices of around 130 pubs, some by up to 50 per cent. The agent said it had also taken around 100 pubs from an unnamed seller – though it is believed to be Admiral Taverns – with many being sold at “massively reduced prices”. The 100 new pubs came on to the market last week. Thirteen of them carry freehold price-tags of £115,000 or less - with one Caerffili (Caerphilly) pub on offer at a staggeringly low £50,000 (freehold). 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 Web: http://www.paramount-investments.co.uk |