The Market

Way back in the 1600’s a well known observer of English Life stated “ England, lose your inn’s and you will lose England”, how true. This will never happen, as inn’s and pubs are a well established part of our culture and heritage. Yes, change will happen and a number of pubs are closing but we suggest that you stand back and look at them and you will recognize the reason why.

The “on trade” comprises of some 60,000 Inns, Public Houses, Coaching Inns etc

Approx 25% (15,000) of the outlets are privately owned and operated FREEHOLD-FREEHOUSES
A further 22% (13,200) are operated by companies as MANAGED HOUSES. The balance of 53% (31,800) are individually operated LEASEHOLDS with a handful of traditional style tenancies. This means that there are around 46,800 Pubs and Inns within England and Wales run as private businesses by individual operators. The  business model of managed houses has greatly changed over the past  two years with some of the large managed house companies now eyeing up freehold freehouses usually with more than one income stream with food and accommodation being favored as against large beer houses. The opportunity to become your own boss by running your own licensed business has never been better or more available.
Retiring FREEHOLDERS should consider leasing out their business and receive a regular income by way of rent or alternatively speak to our specialist  IFA ‘s to discuss tax efficient methods of selling your business and benefiting from a regular income without the problems and risks of still owning the property. Also for newly inspired businessmen and women to enter the trade providing security for both themselves and their families. Remember that most pubs are family homes as well, indeed, “a rewarding way of life”.

*Any figures on this page are based on statistics collected in 2004