Property law

Closed for good: Altus figures revealed how many pubs have shut permanently (image: Getty/MarianVejcik)

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89 pubs ‘vanished’ since May

By Nikkie Thatcher

Some 89 pubs have closed for good having either been demolished or converted into other types of buildings in England and Wales since May, figures have revealed.

Changing landscape: the report discovered there were 25 net closures of hospitality venues per day in the past 12 months (image: Getty/Luis Alvarez)

Remaining 12,000 venues to reopen next week

By Nikkie Thatcher

The 10% of hospitality firms that had been unable to reopen as yet are set to trade again from Monday (19 July) when restrictions are eased, research has found.

Government announcement: the business rates holiday was first announced last year, as the pandemic began to hit (image: Getty/pcess609)

Business rates holiday ending

By Nikkie Thatcher

Full business rates will return this week (from Thursday 1 July) after a 15-month exemption period amid the pandemic.

Discount denied: 'It leaves us with no breathing space. Essentially the discount is totally irrelevant to us,' Phil Urban, CEO of M&B, said (Image: selensergen/Getty Images)

‘Business rates cap will harm pub revival’

By Stuart Stone

The Government must re-consider its proposed £2m business rates relief cap or face the continued “systemic closure” of pubs, according to Colliers International’s head of business rates.

Relief effort: Under the Australian scheme, the government has made it mandatory for landlords to agree to a reduction in rent payable, of up to 100%, in proportion to the reduction in the tenant’s business during Covid-19 (Image: flyparade/Getty Images)

Calls for adoption of Australian rent relief model

By Georgi Gyton, MCA

A group of hospitality operators and property agents are calling on the Government to implement the same rent relief scheme as has been adopted in Australia, according to reports by MCA Insight.

Community spirit: The Plunkett Foundation revealed that £4m was raised in community shares to save local pubs during 2020

13 community-owned pubs opened in 2020

By Stuart Stone

A new report from community business charity The Plunkett Foundation has uncovered increased demand for support to help communities regain control of essential local services over the past year.

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Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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