A group of pubs around the country has been put on the market either for individual sale or as a group lot.
The administrators of the Pubs 'n' Bars group, which entered administration in December 2009, have put a total of 20 pubs up for sale, including four sites in London.
Simon Chaplin, director of Christie & Co, which is handling the sale on behalf of administrators Grant Thornton, commented: "The pubs are i... Continue Reading
Research has suggested that there could be a raft of new opportunities for small business buyers who are interested in online companies.
According to the latest annual survey from Freelancer.co.uk, the past year has seen a 36 per cent rise in the number of small businesses that are selling their products overseas via e-commerce websites.
Furthermore, there has been a 32 per cent rise in the number of start ups establish... Continue Reading
A flurry of pubs for sale has hit the market as Punch Taverns continues its sell-off strategy.
The business has put 65 sites up for sale this month as part of its restructuring process. The sale includes properties that are new to the market and others that have been for sale for sometime but have now been reduced in price.
Neil Morgan, head of pubs and director of the selling agent, commented: “The appetite for pubs a... Continue Reading
A cocktail bar in Dalton is to be put on the market just over a year after it first started trading.
The trendy Bar 20 in Tudor Square opened for the last time on New Year's Day after the owner, Chris Shaw, decided it was time to sell up for personal reasons, stressing that the closure was not related to business issues.
“It's just the way I feel. I'm looking for a more steady job, but the bar still work... Continue Reading
A pub is up for sale in Tunbridge Wells, with the potential to convert it in to housing or another type of business.
The High Brooms Tavern in High Brooms Road is described as a “substantial three-storey detached brick built property” by the sellers and its construction dates back to 1899.
With mock tudor and exposed brick elevations, along with various extensions, the property is an interesting establishment offerin... Continue Reading
A pub in Oxford has been on the market for 12 months with no successful sale in sight, prompting its owners to make a change of use application to Oxford City Council.
The owners of the former Osney Arms pub want to convert the pub into guest rooms because, as planning agent Linda Wright noted, the pub is unviable in its current state.
She told the Oxford Times: "The pub has been on the market for 12 months and there ha... Continue Reading
The community in St Ann's is keen to see a sale go through for The Westminster pub in the near future.
The pub is no longer actively trading but Punch Taverns, the firm that owns the company, is hopeful for a sale. “The pub will remain closed for the foreseeable future and we are actively marketing the site for sale,” the owners said in a statement.
It is hoped that a buyer will be found soon to avoid the pub b... Continue Reading
The Noose and Gibbett Inn, a pub located in Broughton Lane, Sheffield, is to be put up for sale.
Situated opposite the Motorpoint Arena and next to the Valley Centertainment leisure complex, the pub is well-located to catch nearby trade. It is also easily accessible from the M1 motorway and the Meadowhall Shopping Centre is not far away.
The current owners have had the pub since 1991, however the business has been in exi... Continue Reading
A pub that is up for sale in Linley Brook has been deemed too expensive for its location given the current state of business.
The Pheasant Inn, which is owned by Simon Reed, previously agreed a sale in 2008 for £600,000, but the buyers later went into liquidation. Since then, the pub attempted to limp on but business never quite picked up and it was forced to close its doors earlier this year.
Mr Reed has sought permiss... Continue Reading
A pub in Kingsbury Episcopi is on the market after the owner decided he wants to look for a new start with his wife.
Rob Rigby married his wife Linda earlier this year and the pair have opted to look for a new venture that they can call their own. This means that Mr Rigby's pub, The Wyndham Arms, which has always been very much his, is up for sale.
Speaking to The Western Gazette, the landlord said: “It&#... Continue Reading
A bar in Morecambe that had previously been run as a pole dancing establishment, is being put up for sale.
The Office bar on Marine Road Central closed down in 2007 due to a lack of business. Following its closure, the owners had planned to covert the six-floor 13,750 sq ft premises into an Eric Morecambe-themed pub and museum. Negotiations were ongoing with the comedian's family, but these plans came up against problems when th... Continue Reading
Small and medium-sized enterprises (SMEs) have been warned that they need to stay on top of their taxes, especially as HM Revenue & Customs (HMRC) has increased its focus on smaller companies.
National accountancy group UHY Hacker Young has revealed that SMEs netted HMRC £434 million in extra tax and fines in the 2011-12 tax year, marking a significant increase from the £311 million collected in the previous tax year. It is worth n... Continue Reading
A pub in the centre of Windsor has been put up for sale, it has been confirmed.
The Fawn, located in St Leonard's Road, is being sold by its owners Punch Taverns, with a pub and bar specialist appointed to manage the sale.
At the moment it is unclear what kind of parties are showing an interest in the pub. It has been given a price tag of £550,000 on the freehold, contents and premises but it is uncertain whether i... Continue Reading
A family-run hotel in Kent has been put on the market after its owners decided to exit the industry following 30 years in business.
The three-star Langhorne Garden Hotel near Leas Cliff Hall has been run by the Fell family since 1981, according to reports from the Folkstone Herald. However, the hotel itself was originally built in the 1870s and attracted wealthy Londoners to the area.
Now, the 29-bedroom property attract... Continue Reading
Smaller companies are still facing difficulties when it comes to building their businesses back up to health in the wake of the economic crisis.
This is according to a recent report from the European Commission, which found that SMEs are making slow process, with UK-based companies seeing things as a particular challenge.
On one hand, the news is worrying for the economy as a whole, given the high percentage of business... Continue Reading
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