Encouraging news for anyone looking to buy a business: the number of businesses in the UK has reached a record high of 5.5 million, according to official statistics.
Data from the Department for Business, Energy and Industrial Strategy shows that, at the start of 2016, there were a million more small businesses, 4,000 more medium-sized businesses and 900 more large businesses when compared to 2010. That’s an increase of 23 per cent... Continue Reading
According to recent figures, the number of insolvencies in Scotland has fallen by almost a third, which suggests that the country’s economy is starting to bounce back to pre-recession levels. So, there has never been a better time to consider looking at expanding your operations north of the border.
The drop in the number of Scottish businesses going into administration has now fallen below pre-recession levels. For example, figure... Continue Reading
The owners of Rafferty's, a pub in the West End of Paisley, Scotland, are to sell the business for an initial guide price of £110,000. The owners hope that the sale will help to rejuvenate the distressed business.
Rafferty’s in Wellmeadow Street was put out of business in 2014 after a series of complaints to police.
The pub is being marketed by Future Property Solutions, which claims that the asking price is less... Continue Reading
A pub in Portsmouth has been put up for sale as part of JD Wetherspoon's review of its holdings.
The pub giant is selling 33 of its UK pubs as part of the review, all of which have been identified as having lower sales than the company's average level of operations.
In Portsmouth, it's The Trafalgar that is up for sale in Edinburgh Road. The pub's city location is thought to make it a prime target for... Continue Reading
An Ilkeston pub is to be put up for sale by auction later this month, with a guide price of £240,000.
The General Havelock, located in Stanton Road, has been put on the market by its current owners due to their ill health.
It is being offered for sale with vacant possession and offers an interesting opportunity for someone new to step up and run The General Havelock themselves.
Graham Penny, the auctioneer... Continue Reading
A Lincolnshire pub with a connection to a well-known radio programme has been put up for sale.
The Bull Inn, located in Rippingdale, South Kesteven, near Borne, is on the market for offers in the region of £300,000.
Its sale is attracting a particularly high amount of attention due to the connection with the BBC Radio 4 soap, The Archers. The Bull Inn is thought to have been the inspiration behind the long-running serie... Continue Reading
A small independent music shop in the centre of Cheltenham has gone up for sale.
Millennium Music is due to close next Tuesday (18 August) after 20 years of trading. It sells instruments, but specialises guitars and ukeleles, as well as sheet music, music-related gifts and other little knick knacks.
The business reportedly succumbed to the weight of online shopping, with not enough people wanting to buy their instruments... Continue Reading
The Wheatsheaf, a pub in Barrow, is up for sale as the pub trade in the town looks to be changing direction.
The Wheatsheaf is for sale for offers of around £125,000. It is located on a prominent main through route to the town centre, in a high density residential area. A residential park nearby is expected to further increase the potential for trade.
In total the pub is around 2,000 square feet and the sale listing su... Continue Reading
A dog grooming business in Shropshire has been put up for sale for £50,000.
The business, known as Dashing Dogs, is based in Aston Street, Wem and has been in business for six years.
Included in the sale is the shop unit and a client list of some 600 people who have made use of the company's services over the past few years.
Sam Milestone, 24, is the business owner. She spoke to the Continue Reading
Small businesses and entrepreneurs are increasingly active right across the UK, research has found.
The UK Growth Dashboard 2015, a study from the Enterprise Research Centre (ERC) in partnership with Business Growth Service, found that rather than the traditional model of high growth in London with the provinces trailing, there is actually activity across the regions.
Professor Mark Hart, deputy director of ERC, commente... Continue Reading
The oldest pub in England, The Cridford Inn in Devon, is up for sale for offers in the region of £395,000.
Located in the village of Trusham in the beautiful Teign Valley, Cridford Inn is believed to be one of the oldest dwellings in the country. It previously functioned as a farm and a nursery but in 1081 it was remodelled as an inn.
The business was bought by its current owners in 2007 but they are looking to sell in... Continue Reading
The over 55s are becoming increasingly entrepreneurial, thanks in part to new pensions freedoms it would seem.
Recent research from City AM suggested that quite a lot of older people are looking to start their own business as the traditional age of retirement approaches.
The paper's study found that the average size of the pension pot of those queried was £550,000 and almost half (47 per cent) said that they plan ... Continue Reading
A high street shop is up for sale in East Grinstead, with the freehold set to provide an attractive business proposition to retail outlets seeking a prominent location.
The building has been refurbished externally and is listed thanks to its unique character.
It was previously occupied by Charlwood Designs and is located between the Dorset Arms pub and Indian restaurant, Monsoon. Charlwood focused on the supply and inst... Continue Reading
A hotel in the coastal East Devon town of Seaton is up for sale with a price of £100,000 attached to the leasehold.
Eyre Court Hotel is popular with tourists visiting the Jurassic Coast but it also attracts local trade for the weekly quiz, sports teams and live music sessions, ensuring that it benefits from year-round trade.
The sales agent told the Western Morning News: “The owners believe that there is still tremend... Continue Reading
A Wrexham pub is up for sale, with interest expected both from business buyers and those looking to take advantage of the planning consent that has been granted for the building's development.
The sale of the pub, The Commercial, which has been reported by Wrexham.com, could be of particular interest to property developers, although there does appear to be plans in place to keep the pub as it is. The pub is for sale for £195,00... Continue Reading
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