Property

Licensee fuming after cleaner fined for dropping cigarette in pub car park

08-Jul-2014 By Noli Dinkovski

A Merseyside licensee has reacted angrily after his cleaner was handed an on-the-spot fine for dropping a cigarette butt in his pub’s car park.

Licensee fears pub sold to developer despite legal protection

18-Jun-2014 By Ellie Bothwell

A Devon licensee, who has been evicted from his ACV-listed pub after 18 years at the helm, said he fears his home has been sold to a developer — without the local community being given a chance to buy it.

Protest group looking to strike deals with owners of empty pubs

04-Jun-2014 By Ellie Bothwell

Empty-property campaigners are looking to strike deals with pub owners to use their venues as community spaces during periods when they are not trading.

Pub trade warned over tax relief changes

08-Apr-2014 By Ellie Bothwell

Property experts have raised concerns about new changes to tax relief that could make it more difficult for publicans to receive discounts.

Greene King fails to agree deal with May Capital over pubs package

08-Apr-2014 By John Harrington

Greene King is not in talks with May Capital, the private equity group, to sell a circa 300-strong tenanted pub package.

Facets of Community Value

21-Mar-2014 By Rob Willock

I have always had doubts about the idea of Britain’s pubs having some special status that might prevent their owners exercising their rights to sell or convert the premises.

Licensees failing to use pub tax breaks, says trade accountant

17-Mar-2014 By Noli Dinkovski

Commercial property owners are missing out on an opportunity to cut their tax bills by failing to claim on “integral features” such as electrical power and lighting, a leading licensed trade accountant has warned.

Business rates based on energy usage would be 'very problematic'

26-Feb-2014 By Ellie Bothwell

Creating a new business rates system based on energy usage rather than rateable value would be “very problematic” — that’s the warning from a leading energy consultant for pubs, after the British Retail Consortium (BRC) put forward the proposal last week.

Pub property agents slam ACV procedures

13-Feb-2014 By Ellie Bothwell

Property agents have spoken out against councils listing pubs as assets of community value (ACV), saying the process is “long” and “unwieldy”.

Statutory Code: Wellington warns on upward-only rent ban

19-Dec-2013 By Lewis Brown

Wellington Pub Company, the free-of-tie leased pub operator, has criticised Government proposals to ban the use of upward-only rent review clauses by pub companies, saying that such a move risks distorting the market for commercial landlords.

Legal Q&A: Capital allowances

03-Dec-2013 By Andrew Stanley

Licensed businesses could be missing out on substantial sums in tax relief as the low profile of capital allowances and the complexity of the rules have resulted in billions of pounds being unused. Our legal Q&A explains how to unlock tax relief for...

Cotswolds sees shortage of pubs on offer, say property agents

06-Sep-2013 By Gurjit Degun

Licensees looking for pubs in the Cotswolds may be disappointed after one property agent has warned of a shortage of available sites.

Tim Martin: The perils of buying property

08-May-2013 By Tim Martin

Do your homework or it could cost you in the long run, warns JDW chair Tim Martin

7 steps to buying your first pub

22-Apr-2013

Purchasing your first pub can be hugely nerve-racking, with a multitude of things to consider before you get your name above the door. Property agent Fleurets offers its top tips.

The future of tied pubs is in our hands

02-Apr-2013 By Simon Clarke

Self-regulation of the tied pub sector was given an eight-year chance, but by last December the Government acknowledged that it had not had the desired effect. Tied licensees were still suffering hardship and not enough pub profits were going to lessees...

Did you know your pub's been knocked down?

27-Mar-2013 By Snifter

One poor pub owner received a phone call recently that no doubt every licensee dreads - something along the lines of "did you know your pub's been knocked down?"

Oxford pubs still in strong demand, say pub property agents

26-Mar-2013 By Gurjit Degun

Pub property agents are continuing to report a strong demand for licensed properties in Oxfordshire.

Scotland to face alcohol tax clampdown

20-Nov-2012

The alcohol industry in Scotland, including retailer and manufacturers, is to be targeted in a new crackdown on tax cheats.

City Pub Company secures two more sites ahead of £8m expansion push

20-Jun-2012

City Pub Company has secured two more sites as it prepares to launch a fresh round of fund-raising to generate c.£8m for further expansion, the PMA's sister title M&C Report has learnt.

Mix of 74 closed pubs up for sale

15-Feb-2012 By Mark Wingett, M&C Report

Seventy-four closed freehold and long-leasehold pubs, including some belonging to the former Pubfolio and Goldtry estates, have been placed on the market, M&C Report, the sister title to the Publican's Morning Advertiser, has learnt.

RBS sells 918 pubs to Heineken

02-Dec-2011 By Mark Wingett

Royal Bank of Scotland (RBS) has sold 918 freehold pubs, the portfolio known as the Galaxy estate, to Scottish & Newcastle Pub Company (S&NPC), a subsidiary of Heineken, for £422m, in the largest deal in the tenanted pub sector for eight years.

RBS closes in for £700m pubs sale

17-Oct-2011

Royal Bank of Scotland (RBS) has moved close to a sale of the Galaxy group of 900 pub freeholds, according to a report in The Mail on Sunday.

ECJ ruling leaves future open

13-Oct-2011 By Peter Coulson

I am put in mind of that horsey scrum at the beginning of the Grand National, when everyone is, in fact, jockeying for position before the tape goes up. Spotting your own horse in the chaos is extremely difficult, and he may have fallen down at the first...

Riot hit pubs: get your rates appeal in now

17-Aug-2011 By Gurjit Degun

Pubs that have been affected during the riots are being urged to lodge appeals with their local Valuation Office for a reduction in business rates.

Lost Property...?

06-Jun-2011 By Mark Daniels

Mark Daniels considers what to do with his stash of lost property and how to return an item to an owner.

'Right to Buy may not stop pub closures'

09-May-2011 By Gurjit Degun

The Government's Community Right to Buy scheme will do little to save local services such as pubs from closure, warned the British Property Federation.

Kegwatch: a view from a micro-brewer

06-May-2011 By Dave Bailey, HardKnott Brewery

Dave Bailey of the HardKnott brewery in Cumbria pleads with licensees to give brewers more time to collect kegs.

Property Law: Business rates threshold to drop

24-Feb-2011

The Department for Communities and Local Government recently announced that the empty property relief threshold for business rates will be reduced to...

Brook Leisure properties marketed

17-Feb-2011 By Mark Wingett, M&C Report

Brook Leisure, the Barnsley-based late-night venue operator, has placed seven sites on the market as part of a strategic review of its estate. The...

Licensees get more time for energy ads

02-Feb-2011 By Gurjit Degun

Licensees have been given more time to abide by a requirement to advertise the energy efficiency of their pubs when selling them. The new regulation...

TDR Capital denies interest in TCG estate

27-Jan-2011 By The PMA Team

TDR Capital, the owner of 333-strong Stonegate Pub Company, has denied rumours that it is looking to acquire TCG.

Greene King sells Hardys and Hansons brewery

21-Dec-2010 By Ewan Turney

Greene King has sold the former Hardys and Hansons Kimberley Brewery in Nottinghamshire for an undisclosed sum. Greene King acquired Hardys and...

Lady Gaga pub on the market

19-Nov-2010 By The PMA Team

The pub in London that hosted a visit by Lada Gaga is on the market through agent Christie & Co.

MP calls for Tuppen to resign over death

06-Oct-2010 By Ewan Turney

Greg Mulholland has called for Enterprise boss Ted Tuppen to resign after his company was fined for safety breaches that led to the death of a licensee.

Mulholland calls on Ted Tuppen to resign

06-Oct-2010 By Hamish Champ

Lib Dem MP Greg Mulholland has called for Ted Tuppen to resign as chief executive of Enterprise Inns after the pubco was fined more than £300,000...

Derelict pub owner fined £4,000

13-Aug-2010 By Lesley Foottit

The owners of a derelict Manchester pub have been fined more than £4,000 by magistrates for letting the property fall into disrepair. Property...

Realpubs three-pub Enterprise deal valued at £7.6m

29-Jun-2010 By The PMA Team

Industry sources have produced a revised value for the deal reported last week involving Realpubs buying three freeholds from Enterprise.

GMB hits back at BBPA over legal action threat

16-Mar-2010 By James Wilmore

The GMB has branded the British Beer & Pub Association's (BBPA's) threat of legal action as "bullying" and a "crude attempt" to stop the union...

Pub food: business boosters

04-Feb-2010 By Jo Bruce

Ideas for boosting food sales at your pub including a midweek mussel night, a B&B owner event and a pudding night.

'Last of the Summer Wine' pub for sale

12-Nov-2009 By Gemma McKenna

The pub immortalised by the BBC TV series 'Last of the Summer Wine' has come on the market.

Forest Inns buys second outlet

28-Oct-2009 By Gemma McKenna

London operator Forest Inns has bought its second site — Ye Olde White Bear in Hampstead. The Punch lease was sold off an asking price of...

Threatened Stansted pub replaces landlord Punch with BAA

30-Sep-2009 By Claire Dodd Claire

A pair of licensees who were at risk from the proposed second runway at Stansted airport are celebrating after successfully engineering a deal to...

Enterprise to reduce debts with £14.7m sale and leaseback deal

22-Sep-2009 By Claire Dodd Claire

Enterprise Inns is to put seven of its top quality pubs on the market at a public auction in a sale-and-leaseback deal worth around £14.7m. Property...

Pub market recovery still years away

02-Jul-2009 By Gemma McKenna

Agents predict it could take between two and five years for the pub property market to return to 2007 levels, when prices were at their peak. In a...

Smaller operators behind on EPCs

04-Jun-2009 By Gemma McKenna

While bigger pubcos have got to grips with energy performance certificates, smaller operators haven't quite caught up — that's according to experts...

Gary Landesberg

28-May-2009 By The PMA Team

Gary Landesberg owner, Admiral Taverns (7) Why he is on the list: Landesberg owns Britain's third biggest tenanted and leased pub company, and the...

Five former Centro pubs sell for £1.4m

20-May-2009 By Claire Dodd Claire

Five premises of failed North-East pub chain Centro Pubs have sold to local operators for a combined £1.4m after the company went into...

Darling ignores rate-relief pleas

30-Apr-2009 By Gemma McKenna

The Budget has failed to help the property industry by ignoring "simple practical solutions" — according to the BPF.

Budget: No reversal on business rates decision

22-Apr-2009

Alistair Darling has failed to react to demands to increase the tax relief rate period on empty business properties.In the Budget, the Chancellor...

Wetherspoons case 'a warning' to property agents

08-Apr-2009 By Mark Jansen Mark

Property agents face uncomfortable scrutiny following yesterday's High Court victory by managed pub group JD Wetherspoon over its former property...