Villagers urged to chip in to buy local pub

The residents of a small Cumbrian village are being urged to all chip in to buy their local pub and save it from being consigned to history.

When the Lamplugh Tip, in the village of Lamplugh, near Cleator Moor, rang for its very last last orders at the beginning of August, villagers were devastated to see one of the last bastions of local rural life close.

Local man, Peter Maher, had said all is not lost, however. If t... Continue Reading

Gordon Ramsay pub put up for sale

Celebrity chef Gordon Ramsay has announced he is to sell The Warrington, a pub in north-west London that he has run since 2006.

The pub has been put onto the market following a decline in custom, following in the footsteps of another Ramsay owned pub, The Devonshire, in Chiswick, west London, which he shut a few weeks ago.

Ramsay paid £5.2 million for The Warrington four years ago and spent another £800,000 on refurbi... Continue Reading

Award-winning pub up for sale (on Ebay)

A community pub in Grizebeck, Cumbria, has been put onto the market on the auction website Ebay.

The Greyhound Inn won the Best Traditional Business award in the 2009 Countryside Alliance awards and was taken on by a committee of local people who were desperate to save the pub from closure.

But, 20 months on from the committee’s takeover, the pub’s future remains uncertain. The locals, all of whom were regular cust... Continue Reading

York hotels sold after business empire collapse

Two hotels in the portfolio of flamboyant businessman, David Hattersley, have been successfully sold in the wake of the collapse of his property empire last year.

Guy Fawkes and Marmadukes Hotel, both in York, have been sold for an undisclosed sum to one unidentified buyer. The sale was carried out by Colliers International, who had been enlisted for the task by joint administrators, Phil Pierce and Andrew Sheridan, of Baker Tilly R... Continue Reading

Burnside pubs and hotels up for sale following administration

Following the collapse into administration of Burnside (UK) and Burnside Inns last week, the pub and hotel businesses owned by the firms have been put up for sale.

The Plough Hotel in Stenhousemuir and the Graeme, a hotel bar and restaurant in Falkirk, are both owned and operated by Burnside (UK), while Burnside Inns Ltd owns and operates the Red Lion in Larbert, Stirlingshire.

All three businesses, which are available ... Continue Reading

18th Century Bristol pub desperate for buyer

A historic pub in Bristol is desperately seeking a buyer to save it from closure or being redeveloped into residential accommodation.

The 18th-Century Lamplighters pub in Shirehampton has been standing empty since the building was put up for sale in May by its owner, Enterprise Inns.

Originally Enterprise Inns had promised to renovate and reopen the pub and said a new landlord would be moved in, but decided to market i... Continue Reading

Buyer sought for Scunthorpe car business

A car maintenance business in Scunthorpe has gone into administration and a buyer is being sought to take on the business as a going concern.

The In 'n' Out facility in Doncaster Road shut its doors after its Northamptonshire-based owner In 'n' Out Services Limited went into administration last Thursday. Six people have lost their jobs.

The firm has also also closed its branch in Derby, which joined... Continue Reading

Foundation Inns put two of its six pubs up for sale

Despite revealing a rise in annual turnover of almost 24 per cent, pub owner Foundation Inns is planning to sell two of its six pubs.

The company, which was set up in 2007, reported a turnover of £2.6 million for the year to 27 March 2010, while it made a pre-tax loss of almost £540,000, down from £1.75 million in the previous year.

However, these losses were recorded during a period when some of the firm's pubs... Continue Reading

Number of insolvencies in pub industry falls

New figures have revealed that the number of insolvencies in the pub industry fell in the second quarter of 2010.

The research, released by insolvency firm Baker Tilly Restructuring and Recovery, show that just 115 pubs were declared insolvent during the second three months of the year, compared to 124 in the first quarter.

As fewer pubs are collapsing, production rates look more likely to remain consistent – news tha... Continue Reading

Dog grooming business up for sale

A successful independent dog grooming business in the beautiful, rural surroundings of North Ayrshire, Scotland, has been put onto the market.

The well-known company, which has been in operation for more than 20 years, has a substantial and long established clientele of pampered pooches.

Situated in the convenient premises of a busy town centre veterinary practice, the dog grooming business can also offer the benefit of... Continue Reading

Birmingham pub chain puts four premises up for sale

The popular Birmingham-based pub group, Penn Street Taverns, has announced plans to sell four of its freehold pubs across the West Midlands.

The chain has taken on agent, Christie + Co, to deal with the sales. The pubs it is intending to off-load are the Hampton in Hockley, the Midland and the Beau Brummie, as well as the Bush pub in Wednesday.

The chain has gained a reputation for its premises in the Midlands, operati... Continue Reading

Former Odeon building up for grabs

A former Odeon cinema building in Edinburgh is to be put onto the market for a three-month period at the end of this summer.

Developer Duddingston House Properties, (DHP) which owns the building, has been prevented from demolishing it to build a hotel by its current 'listed' status, so has decided to give another developer the chance to find an alternative use for it.

While they have full planning permission ... Continue Reading

Deadline set for Liverpool FC takeover bid

Former Wall Street stockbroker Kenny Huang has set a 10-day deadline on behalf of an unnamed group, for Liverpool FC to accept their takeover bid.

Mr Huang opened talks with the football club's primary lender, the Royal Bank of Scotland, last weekend. There is speculation that the group he is working on behalf of is the China Investment Corporation. The talks have already included discussions with the club's non-executive c... Continue Reading

Buying pubs in north-east becoming increasingly popular

Hospitality industry observers are noticing a growing number of people snapping up bargain pub businesses in the north-east of England.

Stephen Taylor, managing director at specialist pub estate agent, Guy Simmonds, said he believes the noticeable increase in buyer interest from the south of the country stems from the excellent value for money to be found, as well as increasing the desirability of areas including Newcastle and the N... Continue Reading

Small businesses hit by pension cap shock

Retirement plans for millions of small business owners could be ruined following news that the government has proposed capping pension contributions in the year they retire.

If the proposals go ahead, annual contributions will be capped at between £30,000 and £45,000 a year, as opposed to the current £255,000. However, plans to restrict tax relief for the very highest earners, suggested by the previous government, would also be s... Continue Reading