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Property News

All the latest news from the pub property market. Follow all the latest sales, acquisitions and pubs for sale news

Rise in number of BII mentors to help potential licensees

12-Mar-2012 - The BII has increased the number of mentors it has helping potential licensees find and sign up to their first pub business.

Surveyors launch app for pub valuations

07-Mar-2012 - Freehold licensees outside of London can now find out the estimated potential value of their pub through an online tool.

Licensees set to net investment boost

07-Mar-2012 - Licensees looking to raise funding to develop their pubs could receive investment from a pool of investors through a website.

Settlement for JDW in Van de Berg case

06-Mar-2012 - JD Wetherspoon (JDW), the managed pub operator, has won a settlement in relation to fraudulent property transactions involving the company’s former property agent Van de Berg.

Warning: Bank revaluations could lead to bankruptcy

29-Feb-2012 - Licensees with a loan from a high-street bank may be hit with more interest hikes, according to pub finance specialist Paul Thompson of Acorn Finance.

S&NPC launches business plan scheme for potential licensees

22-Feb-2012 - Licensees wanting to take on a Scottish & Newcastle Pub Company (S&NPC) tenancy must have their business plans approved and signed off by an independent accountant or business advisor

Brokers ‘expected’ bank lending fall

22-Feb-2012 - Pub-trade brokers have said they expected high-street banks to fall short of lending targets for offering finance to small and medium enterprises (SMEs) under the Project Merlin agreement.

BBPA: win share of £1m to boost towns

15-Feb-2012 - The British Beer and Pub Association (BBPA) has urged pubs to get involved with local businesses and join in with bidding to become one of 12 towns that could win a share of £1m.

Hall & Woodhouse repeats rent cap

08-Feb-2012 - Brewer and pub operator Hall & Woodhouse (H&W) will cap its Retail Price Index (RPI)-linked rent increases at 2.8% in 2012 — for the second consecutive year.

Pubco sites go up for auction

03-Feb-2012 - Thirteen freehold sites from Punch Taverns, Enterprise Inns and a private vendor are set to go under hammer at an auction held by Sidney Phillips.

Loan volume up as prices get realistic

01-Feb-2012 - Brokers reported a higher volume of successful loans for last year as the trade saw green shoots of recovery.

St Austell eyes site in London or Bristol

25-Jan-2012 - St Austell, the brewer and pub operator, is seeking a site in Bristol or London to launch a new pub, restaurant and retail concept called the Cornish Embassy.

Tailor Made spends £500k on pub revamps

25-Jan-2012 - The Tailor Made Dining Company, the four-strong multiple operator led by Ted Docherty and Dion Korving, has announced refurbishments at two of its Brakspear-owned pubs totalling more than £500,000.

Auctioned pubs: sale rate increases

25-Jan-2012 - Seventy-three per cent of pubs offered for auction in 2011 were successfully sold — that’s according to statistics from Essential Information Group, which monitors and collates information on every property auction held in the UK.

Pub closure rates decline, says Christie + Co

18-Jan-2012 - Fewer pubs have been put up for sale, the closure rate is decelerating and the level of pubs selling for alternative use has declined — that’s according to research by Christie+Co.

Property predictions for 2012

12-Jan-2012 - Our panel of experts anticipates bottom-end price rises, significant managed-house investment, a growing freehouse appetite and possible relaxation of the tie.

BBPA welcomes Mary Queen of Shops Review

13-Dec-2011 - The British Beer and Pub Association (BBPA) has welcomed proposals to improve high streets and has called for the government to put the plans “higher up the political agenda”.

Leasehold pub prices increase, says Fleurets survey

07-Dec-2011 - The average sale price of a leasehold pub has increased by 16% to £46,879, compared to £40,421 in 2010, according to a survey into pub prices by Fleurets.

Mis-sold finance: check statements

07-Dec-2011 - Licensees who believe that they have been mis-sold a financial product attached to a mortgage or loan they took out before the recession have been urged to check their bank statements.

Music fees prompt rent review calls

30-Nov-2011 - A raft of rent reviews could be looming as a result of the proposed increased charges by music-royalties collections firm PPL.

Energy ratings threat to leased pubs

02-Nov-2011 - Thousands of licensees may have to take steps to increase energy-efficiency at their pubs if they are to be leased after 2018, or face being removed from the rental market.

Charles Wells rewarded for reducing churn

01-Nov-2011 - Bedfordshire-based Charles Wells has won a national award for its licensee recruitment programme.

Small firms set for bank-loans boost

26-Oct-2011 - A new bank has been launched that aims to loan £250m to small and medium-sized companies in 2012.

70% of auctioned pubs sold this year

26-Oct-2011 - Seven out of every 10 pubs offered for auction this year were successfully sold – that’s according to figures from the Essential Information Group (EIG).

‘Half of all disposals for alternative use’

19-Oct-2011 - Just over half (52%) of all pubco disposals sold during the past six months have been for alternative use — these are the findings from Fleurets’ half-year review.