Real Estate

Bricklayers Arms: eyesore

Derelict pub owner fined £4,000

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...

Star Inn, Weaverthorpe, Malton: freehouse sold by Guy Simmonds off £295,000

Property: there's value in them thar hills

By Noli Dinkovski

There is a high density of licensed premises in the north-east and Noli Dinkovski discovers buyers from the south are finding some real bargains.

PIRRS principles: scheme went live last December

First pub rent case is resolved

By John Harrington

The first rent dispute has been resolved via the new BII-led low-cost arbitration service, called the Pub Independent Rent Review Scheme.

Leaseholds are edging ahead of freeholds

Pub property: out of the woods?

By Gemma McKenna

Is the recession in the pub property market over? Agents have signalled that the worst may be behind us.

S&NPC: disposing of pubs

S&NPC to dispose of 100 pubs

By Mark Stretton, M&C Report

Scottish & Newcastle Pub Company, the 2,000-strong tenanted and leased group owned by Heineken, is to market for sale up to 100 pubs this spring.

3DE runs the Chicago Rock Cafe brand

3DE to be marketed for sale

By Mark Stretton, M&C Report

The board of 3D Entertainment (3DE), the late-night bar and club group, has appointed advisers to launch an official sale of the business.

Agents predict recovery could take a while

Pub market recovery still years away

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...

Realpubs runs the Pembroke in Old Brompton Road

Realpubs buys five Punch freeholds

By The PMA Team

Realpubs have acquired five freehold London pubs from Punch Taverns in a deal estimated to be worth under £10m. The company has bought the freehold of two Punch pubs it currently leases plus three more sites.

Darling: not helping

Darling ignores rate-relief pleas

By Gemma McKenna

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

Punch tenants are finding offers don't match valuations

Punch's valuation gap

By Gemma McKenna

A number of Punch Taverns tenants attempting to buy their pubs are finding out their offers are failing to match up with the pub company's...

Robinson's tenant support package

Robinson's tenant support package

By Tony Halstead

A form of open-book accounting for new tenants is among the measures in the new package from the Cheshire brewer and pub operator

Empty property rates could lead to pubs being knocked down

Empty property tax outcry

By Paul Collins

The response to the campaign against empty property tax has been "phenomenal", with licensees among those showing their opposition. That's according...

Alistair Darling: Mulling over stamp duty plans

Pubs forgotten in stamp-duty plan

By Paul Collins

The licensed property trade is being cold-shouldered by the Chancellor after he hinted at plans to suspend stamp-duty charges in the residential sector.

JDW wants a meaningful correction on prices

JDW asks for 30% drop in freehold prices

By The PMA Team & Tony Halstead

JD Wetherspoon (JDW) has been asking vendors of freehold property to drop their prices by up to 30% as it looks for a "meaningful correction" on prices in commercial property values.

Reversing decline: MPs and trade leaders want tax relief

Empty property tax relief support

By Paul Collins

MPs and trade leaders have added their support to the British Property Federation's (BPF) campaign for reversal of empty property tax.

Empty pubs now have to pay full rates

Empty business rates campaign hots up

By Ewan Turney

The British Property Federation (BPF) has stepped up its campaign against charging full rates on empty premises, which came into force on 1 April....

Tchenguiz: A reit still right for M&B

Tchenguiz: A reit still right for M&B

By The PMA Team

Mitchells & Butlers (M&B) biggest shareholder Robert Tchenguiz has reiterated his view that the company should pursue the route of converting...

Credit goes west

Credit goes west

The West Country pub property market is starting to feel the bite of the UK's economic slowdown. Tony Halstead reports West Country pub sales have...

Business sales are stable

Business sales are stable

By Joe Lutrario

The current crisis of confidence among agents in the residential market has not been mirrored by business property agents. That is the view of Chris...

Freeholds made easier

Freeholds made easier

By Joe Lutrario

Fleurets and Coffer Corporate Leisure are teaming up to help pubco licensees buy the freehold of their pub. Fleurets has piloted the scheme with...