Pub company Young's has announced that 14 of its pubs are now up for sale, the majority of which are based in the south.
The firm currently has a portfolio of around 90 tenanted pubs and 150 managed establishments. Of those it is selling, 13 are tenanted while there is one managed house on the market in Bristol.
In addition to the Bristol pub, the properties are based around London and the Home Counties. The Plough... Continue Reading
Small businesses appear to be showing resilience to the mounting pressures of operating in today's financial climate.
The latest research from the Federation of Small Businesses (FSB) revealed that 68 per cent of small businesses have introduced new or improved products and services over the course of the past two years.
This is a 15 per cent rise on the same figure for 2009, while 58 per cent are looking at furthe... Continue Reading
Llangoed Hall Hotel at Llyswen, near Brecon, Powys is up for sale after the group that owns it went into administration.
The hotel for sale, which was previously owned by Laura Ashley co-founder Sir Bernard Ashley, was bought by von Essen Hotels in 2010. The property is now on the market through von Essen's administrators PricewaterhouseCoopers.
A pub near Perth, Scotland, is up for sale after the business went into liquidation, it has been revealed.
The Anglers Inn was a former Inspectors' Favourite in the Michelin Eating Out in Pubs Guide and has enjoyed success with locals and tourists who have enjoyed the food and drink on offer.
However, the owner and operator of the Anglers Inn, New Skyline Developments, went into liquidation this January so the prope... Continue Reading
A pub and hotel used in the famous 1970s horror film The Wicker Man is up for sale.
Located in Creetown, near Newton Stewart, the Ellangowan Hotel is on the market for offers of around £200,000.
It featured as the fictional Green Man pub in the film, in which Britt Ekland starred as a barmaid alongside Christopher Lee.
The property boasts nine bedrooms and potential purchasers may be interested to learn t... Continue Reading
Stoke-on-Trent City Council is considering selling off some of its buildings and assets in a bid to cut its expenses.
Dozens of buildings will be sold off in order to raise funds of around £25 million for major new projects. Included in the sale will be town halls, offices, libraries, local centres and depots.
At the moment the authority is forking out in the region of £500,000 a year simply to maintain an assortment ... Continue Reading
The past year has seen the number of restaurants going bust rise by almost a third (31 per cent), recent figures have confirmed.
Compiled by chartered accountants and business advisory firm Wilkins Kennedy, the data found that the past year saw the highest number of insolvencies since the first quarter of 2009 and blamed VAT and rises in minimum wages for the problems.
A total of 684 restaurant businesses became insolven... Continue Reading
HF Holidays has completed the purchase of the Longmynd Hotel in the Shropshire Hills, it has been confirmed.
Reports from the Shropshire Star confirmed that the sale of the hotel by the Chapman family to HF Holidays was completed last week on a five-year lease purchase agreement. It is understood that the deal was worth several million, although the last known figure – the market price in October – was £1.75 million.
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A recent study has thrown up an unlikely benefit of small businesses, namely that they appear to promote good health.
Conducted by a team of sociologists from LSU and Baylor University, the research found that counties and parishes with a greater concentration of small, locally-owned businesses tended to show lower rates of mortality, obesity and diabetes within the population.
These illnesses were found to be higher am... Continue Reading
A pub for sale or rent looks set to have planning permission added to its potential list of uses, with suggestions being floated of converting it into a home.
The Lion's Head pub in the Winterton Conservation Area has been empty for some time and was on the market either as a rental property or for sale. However, planners have now received a submission as part of a development scheme that could see the building turned into a fou... Continue Reading
Contractor and developer Pochin is concluding plans to sell its loss-making concrete pumping business, it has been reported.
The company first revealed that it was having problems with the division in its half-year results for the six months to December. Its statement to the Stock Exchange read: “The decision to dispose of the loss making concrete pumping business was announced with the results for the year ending 31 May 2011.”
A nightclub in Shropshire has been bought by local businessman Martin Monahan, who already owns a number of bars and clubs in the town of Shrewsbury.
The Buttermarket club is set to create around 60 full and part-time jobs once it is opened up the public again in September following an investment of more than £1 million.
Council leaders and businesses in the area have welcomed the news, reported by The Shropshire Star, ... Continue Reading
A hotel and pub located in Evesham have been put up for sale after nine years in the hands of the current landlord.
The Railway Hotel, located on the high street, is being sold by Stuart Aitchison and is on the market for £35,000 for its leasehold.
Mr Aitchison told the Tewkesbury Admag that the hotel has been on and off the market several times over the past year. He is looking to sell the property due to the current e... Continue Reading
The London headquarters of one of England's most prominent football clubs are up for sale, it has been revealed.
Investigations by the Evening Standard found that Manchester United football team's London location - Stratton House in Piccadilly, located opposite the Ritz hotel – is being sold by the West End of London Property Unit Trust (Welput). Strutt & Parker and DTZ are understood to be handling the sale.
... Continue Reading
A bar and nightclub company located in the Midlands is up for sale after undergoing serious problems during the festive season.
While the Christmas and New Year period is usually profitable for the entertainment sector, Mood Bars has had to call in the administrators after suffering an “unsustainable drop in revenues” over the past few months.
TJ's Bar and Bistro, Koko's nightclub and the Shakespeare Inn p... Continue Reading
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