Press Bar, a city centre pub in Glasgow, is to be put up for sale after 85 years under the ownership of the same family.
The establishment is located in Albion Street and has been a favourite haunt of journalists, office workers and university staff for decades.
The Glasgow Evening Times r... Continue Reading
Consumers have shown a preference for buying from small businesses when given the choice.
Research conducted by AXA Business Insurance, revealed that consumers are happy to pay about five per cent more to buy a similar item from a small business. For more expensive items, people were prepared to pay slightly more with a six per cent margin identified.
It appears that customer service is seen as the main benefit of buying... Continue Reading
A chemist shop in Lowestoft is on the market and is expected to be sold at auction.
The Victorian store has served the town for over two centuries, originally opening in 1807. Things have changed somewhat since then, however. When the store first opened its doors opium was being used as a common pain relief, while today it's more likely to sell paracetamol and safer products.
A guide price of between £80,000 and �... Continue Reading
The Holly Bush pub in West Oxford has been put on the market by its brewery owner, Greene King.
Located in Bridge Street, Osney Island, the business operates as a pub and a bed and breakfast and has a licence in place.
Simon Longbottom, managing director for Greene King Pub Partners, commented on the decision to sell when speaking to the Oxford Mail: "After an extensive review, we have made the difficult decision that Th... Continue Reading
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
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