How To Find Pubs For Sale UK
Also known as commercial property sale in the UK or bars for sale in Europe
Finding pubs for sale in the UK, also known in europe as bars for sale, can be made easier for you if you first make yourself aware of the many issues in the current and ongoing battle between the pubco’s and the publicans. In case you are not aware of what has been going on in the past year or two, in commercial property sale market, there has been some major battles between the two with publicans claiming that they have not been given what has been promised and accusing the pubco’s of being untruthful and not helping when things got tight by INCREASING their prices through the beer tie, while the pubco’s are stating the economy and ban on cigarettes being the reason that pubs are losing trade and going out of business.
To put pub for sale in the UK is a very common thing. There are hundreds of pub companies looking for entrepreneurs who would like to run their own pub.
What may be nearer the truth is that rents and prices have been negotiated at a time when leasing a pub was only affordable to many as part of a tied lease, and where the pubco is often just a middle man supplying beer from a brewery and making a profit (often a healthy one). And, that they were more focussed on getting the pubs leased, or putting up bar for sale, than making sure the would be tenants or people leasing the pub were suitable for that partuicular pub or indeed any pubs for sale uk.
With the economy slowing down and the investigations into the accusations rents being too high coupled with the beer tie which limited the profit for the publicans and the consequences of various groups rising from the publican side threatening to boycott paying rents and threatening to buy outside of the beer tie agreement we have seen some major shifts recently.
A lot of the big pubco companies like punch taverns, fleurets, brakspear in wales, east anglia, west midlands, cumbria, london, united kingdom have sold off a lot of the pubs, by putting up commercial property for sale at really tempting price, but that were less profitable and in rural areas in order to tighten their belts and work with smaller estates but more profitable and of course keeping as many of their prime location pubs for themselves. This has meant an increase in their managed pubs estate where they own the pubs and put in their own management teams instead of renting a pub, leasing a pub or finding self employed pub tenancies.
What does this mean for you if you are looking for a pub for sale in the UK today?
The real answer is that there is a much wider choice of pubs, pubs for tenancy, leasehold pubs for sale, many free of tie, affordable to commit to but also with the choice not always being in prime locations and often with higher rents to make up for the loss of the beer tie revenues that the pubco’s were making so much money on.
If you decided to buy a pub in uk, then knowing this little pieces of facts i would suggest looking at any public houses for sale or pubs for sale london or pubs for sale united kingdom overall without emotion, doing a proper business plan and by getting independent advice before you commit to anything.
Other Links:
1. Pubs for sale uk
2. Bars for sale
3. Commercial property sale
Written by on May 1st, 2010 with no comments.
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