A café, with what is reportedly the smallest cinema in the UK inside it, has been put up for sale.
The Blue Walnut in Torquay is on the market for £50,000. The business hosts poetry and music evenings and holds its own film club in its 23-seat auditorium, which has a Blu-ray system installed for viewings.
While £50,000 would enable someone to buy the small business, offers of £250,000 or more could allow people to bu... Continue Reading
Small businesses in rural locations could be hit by a delay in Government investment in superfast broadband, it has been suggested.
Buying a small business outside of a well-connected town means that an owner is reliant on infrastructure to keep their firm going. A recent report from the CBI has suggested that the Government has put these businesses, as well as households, in a difficult position by delaying the investment in the UK&... Continue Reading
A petition has been launched trying to save a pub in Ilford from being turned into a residential property development or another kind of business.
The Cauliflower pub is up for sale after being launched on to the market back in May. Offers are being invited for prices in the region of £400,000.
However, any buyer who wants to take on the property will need to be aware of local sentiment. A petition has been started by J... Continue Reading
Small businesses in the UK are becoming increasingly confident in their prospects for the future, research has suggested.
According to data from the Small Business Federation, the economy is in line for positive growth thanks to the rise in confidence levels. The group's index rose from 6.3 in the first quarter of the year to 15.9 in the second quarter survey.
Financial services businesses showed the strongest incre... Continue Reading
An award-winning restaurant and bar is for sale, offering a rare opportunity for business buyers in the area.
Entropy is located in the city's West End and has been on the market for some time now. However, the agents have recently agreed to drop the asking price by £55,000 to £295,000 in a bid to encourage more interest in the business.
The sale will see the three-storey corner property on Ridley Street - which h... Continue Reading
Research has shown that small business owners remain positive that their endeavours will be successful.
Conducted by Deluxe Corp, a company that helps small businesses with marketing, the study looked at the viewpoints of around 1,000 small business owners and found that 86 per cent of them believe they can do anything they put their minds to.
In an insight into the mind of a business owner, a further 77 per cent said th... Continue Reading
Recent research has found that more small business owners are considering taking a break this year than last year.
According to the study, conducted by Peninsula Business Services, 73 per cent have planned a break this year, compared to just 57 per cent last year.
While business owners are still struggling to switch off once they actually get on holiday, with 76 per cent emailing the office every day and 87 per cent call... Continue Reading
The Old Royal Oak pub in Market Place, Burton, is up for sale as its owners are undergoing a shake-up.
The pub is owned by Punch Taverns, but the firm is undergoing a review of its properties and has been forced to dispose of some establishments.
A spokesman for the firm told the Burton Mail: “It is always our preference that our pubs continue to trade as pubs. However, we do review our estate regularly and may explore... Continue Reading
Small businesses and potential business buyers have been advised to consider their sources of advice carefully.
A recent article from Jonathan Richards, writing for smallbusiness.co.uk, highlighted the benefits that can come from working with professionals who bring a range of specialist skills to the table.
However, it pays to choose carefully. It's usually quite easy to tell who isn't interested in a mutuall... Continue Reading
Cash flow has become a major issue for small businesses in the UK, potentially pushing up the number of businesses facing administration.
According to a recent report from Santander Corporate & Commercial, nearly half of British SMEs are worried about managing their cash flow over the next 12 months.
The research, which looked at 451 companies with a turnover of over £50,000, also discovered that 46 per cent of busine... Continue Reading
A recent report has highlighted the importance of food sales to pubs and other catering businesses, as well as the mixture of income sources that contribute to a successful business.
Conducted by trade consultants CGA Strategy, the research found that 67 per cent of all pub sales on a Sunday come from foods. In fact, in the UK alone, roast dinners account for £867 million in sales.
Sunday sales also come from 'low... Continue Reading
The owners of the Holden Arms pub in Haslingden have put the business on the market as they make plans for a change in career, the Lancashire Telegraph has reported.
John and Karen Shawcross have managed the venue since 2006 but they're now looking for something new and the pub is for sale for around £110,000.
The business is open seven days a week and has a mix of income bases, including food and drink sales.
The Fox & Hounds pub in Shipston has been put on the market as the family that currently own it are set to enter retirement.
The Grade-II listed building currently offers a range of carefully chosen wines and draft beers, as well as a bar menu. There are also one twin bedroom and two double bedrooms that are currently let out. Each room has en-suite facilities and offer views to the surrounding countryside.
The building... Continue Reading
Four pubs from the Farlane Property Group have been sold at auction, it has been confirmed.
A total of eight of the company's properties were up for auction at the Allsop event, with prices ranging from £120,000 to £207,000. The four that were eventually sold were The Albion in Plymouth, which went for £15,000; The Lord Napier in the Wirral, which sold for £120,000; The Red Jackle in Tyne & Wear, which was sold for £175,000... Continue Reading
The weather has had a noticeable impact on the profits of pubs this year, potentially opening up some distressed opportunities.
According to the Spirit Pub Company, a firm that owns a number of establishments across the country, sales at the company's managed pubs were down 1.1 per cent in the past two months when compared with the same period last year. Food sales dropped by 0.3 per cent, while drink sales fell 3.4 per cent.
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