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Pubs For Sale: UK Brewery & Pub Co Pubs For SaleParamount Investments offer freehold pubs & leasehold pubs, public houses, bars, restaurants, hotels and other licensed properties for sale in the UK. Whether our clients are buying a pub or hotel to redevelop or to run as a business, we aim to find the perfect property and help them meet thier investment budget and targets. Freehold pubs for sale in in London, Glasgow, Birmingham, Manchester, Sheffield, Leeds, Liverpool, Bristol, Cardiff, Leicester, Hull, Newcastle and Bradford: Empty, rundown, distressed, derelict & disused freehold properties for sale in need of refurbishment, redevelpment and renovation. We offer freehold and leasehold hotels, bars and pubs for sale on behalf of breweries, pub companies, pub landlords, publicans, property developers, private, corporate and overseas property investors.
As a UK pub sales agent acting on your behalf, we can negotiate appropriate sale or lease terms or freehold conditions and can act on a retained or non retained basis.
We cover all areas of licensed property sales, rentals, leases, tenancies, investments and redevelopments in England, Scotland and Wales. Freehold Pubs For Sale in UK: Why Buy A Freehold Pub or Hotel Now?
Freehold pubs and hotels are now prime targets for the savvy property investor as buying a pub is likely to work out cheaper on a pounds per sq ft basis than buying a house in the same street.
UK breweries and pub companies are now reducing the asking prices of their pubs for sale in an effort to offload unprofitable, distressed, run down, empty or vacant pubs and hotels. These reduced property prices are tempting property developers and investors to look at the potential locked up in these prime country, city or town centre locations..Subject to planning permission and change of use consent being granted, these pubs and hotels for sale may be suitable for refurbishment.and redevelopment into offices, shops, HMOs, hostels, care homes, restaurants, flats or apartments. Pub, Hotel & Licensed Property Finance
Making that first break into the pub trade isn't easy, but if you have the right experience and a solid business plan, you should be able to secure the right finance package. Potential licensees should be aware that getting a mortgage to buy a business such as a pub is not the same as walking into a building society or bank when buying a house.
Purchasing a pub requires a more specialised type of funding and even though there are many banks which are willing to give mortgages, there are a wide range of other funding sources, such as private lenders, where you could get a better deal.
By far the most important factor a lender will look at is your experience. Then you will need to show that the premises you are thinking of getting involved with has the potential to make money from a number of sources. As well as wet sales, the lender will be looking for potential in food, accommodation, music, entertainment or whatever the business is best suited to.
Lenders are more likely to back you if you're looking at a town pub than a rural one, though if you can show strong food sales, getting finance for a village or country pub need not necessarily be a problem.
A thorough understanding of the demographic of the local area is vital. With this information you can devise a sound business plan based on the needs of the local population. Finally, you need to show how you plan to grow the business over time by establishing your business and marketing it within and beyond the local community.
If you can demonstrate all that, commercial funding of single freehold pub purchases for up to 80 per cent of the valuation can be obtained.
Finding The Perfect Pub or Hotel
Once you know hoe much you can afford you can start your search for a suitable pub or hotel. We can help in agreeing all the terms to secure the deal, such as what, exactly, is for sale, where the boundaries of the property lie. and, if it is a freehold, does the freehold apply to the whole site? Sometimes a pub is sold freehold but the car park is leased.
If the pub is a lease you need to look at the terms. As well as the tie these may include covenants or rights of way through the property and encumbrances clauses which prevent you doing specified things. Some pubs are sold delicensed, meaning the building may not be run as a pub.
Find out what fixtures and fittings are included. Beer taps, for instance, may be owned by brewers. Establish whether full vacant possession is being offered are there any tenants living above the property?
Establish whether a survey is needed and whether any planning or Green Belt issues apply, particularly if the building is listed or lies within a national park. Current planning permissions may also have to be taken into account.
The terms of the licence are vital especially with regard to opening times. Also, find out whether any enforcement notices apply.
As well as analysing the competition, take a look at the neighbourhood. Consider whether it fits your business plan and your skills as a licensee.
Utilities are a thorny issue. Licensees have taken over pubs to find several agreements are operating with different suppliers. In other cases new tenants have been left with outstanding bills.
We can advise professional and first time property investors on the purchase and sale of pubs and other run-down properties and buildings suitable for redevelopment, refurbishment, modernisation or restoration.
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