Property valuers believe licensees think their pubs are worth more than they actually are, the market is less buoyant than a year ago and almost all say leasehold prices will not increase in the coming 12 months.
Few events in a pub’s lifespan conjure such emotion as when the time comes for current owners to sell up and move on. Ben Winstanley attends a valuation to discover what publicans need to know when selling their pub
Interestingly enough, following on from my last piece on paranoia and the pub trade, Punch seemed determined to underline this by selling off a lot of pubs that it has been suggested would have been moving down the market rent-only option (MRO) route.
With plenty of time in hand, begin putting your information together, and use expert advice, so you can enjoy the spoils of a rent review, says Dan Mackernan, director of licensed leisure at international real estate services company Savills