A local pub that has been up for sale in the Oldbury area, prompting some concern among local residents about its future usage.
The Ship Inn has been on the market for a year and a half but has now been taken by an unknown buyer and is set to close on 5 September.
The property struggled to keep a steady flow of business, partly due to the popularity of its rival, the Anchor Inn, the local Gazette reported. It was origin... Continue Reading
It appears that the tough trading conditions of late are having a negative impact on smaller manufacturers as research suggests that sentiment is deteriorating.
The latest quarterly SME Trends Survey from the CBI received 359 responses, with 28 per cent of manufacturers reporting that output volumes fell in the three months to July, while just 23 per cent reported that they had risen. This marks the first fall in the balance since Oc... Continue Reading
A nightclub in Leeds has been put on the market, offering an unusual opportunity for the right buyer.
Stinky's Peephouse is a three-storey building in Leeds city centre and operates as a 700-capacity night club. The location is close to other arts and entertainment venues, including West Yorkshire Playhouse, Leeds College of Music and BBC Radio Leeds.
It has operated as a nightclub for several years now and has host... Continue Reading
The site where the pub Ancient Briton stood in Tunstall has been cleared but even with the low auction price of £100,000 it has failed to sell.
Locals are keen for a developer to take on the property as it has been unused for several years and is becoming something of an eyesore. Indeed, residents are angered at the latest failure to find a buyer.
City councillor Dave Conway lives near the site. He told The Sentinel: �... Continue Reading
Small and medium-sized enterprises (SMEs) are worried about the state of the economy and reports have suggested that some have even considered shutting up shop.
The latest Zurich SME Risk Index revealed that 11 per cent of firms in the UK have considered closing down in the last three months due to the impact of the current economic situation. A further 84 per cent are concerned about the country's climate, with 38 per cent stat... Continue Reading
The Tan House pub, located in Shirenewton, Monmouthshire, has been sold for around £225,000 to a businessman with experience in the pub trade.
The property was marketed by Christie's and Co after its owners Pubfolio Ltd went into administration.
Nicholas Calfe, local director, handled the sale and reported that the businessman, Mark Dew, was not the only interested party, with a number of locals keen to use the sit... Continue Reading
A total of five JD Wetherspoon pubs have been put up for sale as the business seeks to offload some of its assets.
The premises are a mixture of leasehold and freehold properties and are located across England.
The Eastgate pub in Northampton is one of the more expensive properties at £975,000. It has open plan bars spread across two floors. A large single-storey open plan establishment in Portsmouth, the White Swan, i... Continue Reading
Business deals for small and medium-sized enterprises (SMEs) could be on the rise thanks to a trade deal between the US and the European Union.
The framework of the Transatlantic Economic Council, stakeholders and government representatives have agreed to “facilitate SMEs presence in both continents” in a bid to support business development and growth.
The main areas of focus are to be the exploration of mutual abi... Continue Reading
A pub in Workington town centre is on the market, advertised as being a well-known stop on the town's drinking 'circuit'.
The Yankees pub on Washington Street pub has been operated by the Walker family since 1986 but the time has come for its owners to sell-up and move on as they look to their retirement.
Buyers might be interested to learn that the sale is due to retirement rather than business problems ... Continue Reading
A boutique hotel in Penarth is up for sale after over a year of ceased trading.
The luxurious property closed in May 2011 due to adverse trading conditions and has now been listed for sale.
Built in the 1920s, the unique property has 14 bedrooms and 15 bathrooms, a number of kitchens, dining areas and lounges. In addition, there are also views across the channel from a sun terrace, as well as a spa with hydro-therapy poo... Continue Reading
Small business owners know that things have to change when money is tight. But the recession provided some valuable lessons on where to focus spending during these difficult trading periods.
Recent research from the NFIB, Chase Bank and the Center for Women's Business Research has revealed what female small business owners did to keep things moving.
The study found that 45 per cent of female business owners said the... Continue Reading
A landmark pub in Shropshire is up for sale after having closed its doors late last year.
The Bottle and Glass, located in Picklescott, near Church Stretton, is on the market for £245,000 and it is hoped that the business will receive a new lease of life from whoever opts to buy it.
Landlady Paula Gurney closed the doors last year after a slump in trade followed rising fuel costs and economic troubles. However, the Grad... Continue Reading
Small business acquisitions are still taking place on a regular basis despite the economic climate.
However, it appears that their growth is being held back by problems with planning permissions as recent research has suggested that 69 per cent of small businesses have to wait more than the maximum eight weeks for local authorities to decide on most planning applications.
Conducted by the Federation of Small Businesses (... Continue Reading
A popular pub in Preston, which draws many football fans, has been put up for sale on a leasehold basis.
The Sumners, in Watling Street Road, Fulwood, is owned by landlady Joanne Bridge. However, she is considering a move overseas and is looking into the sale of the lease on the pub to see if it is worthwhile.
Speaking to the Lancashire Evening Post, Ms Bridge, who runs the pub with her partner Mark Beattie, explained th... Continue Reading
Small businesses in the leisure sector are facing tough market conditions as consumers push for bargains wherever possible.
According to research from KPMG, pubs, restaurants, clubs and cinemas are all struggling to turn a profit this summer as consumers continue to tighten their expenditure.
In fact, 40 per cent of consumers now make choices about restaurants based on the offers and discounts they can get their hands o... Continue Reading
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