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UK Pub Sales Agent Predicts Increase in Freehold Pub Sales in England, Scotland, Wales

UK pub sales agents, Paramount Investments, predicts that it will sell up to 400 freehold and leasehold pubs in London, England, Scotland and Wales over the next 12 months — double the amount of UK pubs sold in the last year.

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Paramount Investments: pubs for sale in London, England, Scotland and Wales
Paramount Investments: pubs for sale in London, England, Scotland and Wales
PRLog (Press Release) - Aug 20, 2008 -
The firm's rapidly increasing share of the UK pub sales market indicates the growing willingness of pub owners to sell unviable sites to developers.

Paramount sells pubs quickly with no sales particulars and not necessarily as a going concern, making it an ideal vehicle for the disposal of closed or poorly performing sites.

The news follows the London-based pub sales agency announcement that it sold 192 pubs last year from its single office in Hampstead. Paramount has only been involved in the UK pub market since 2005 and is the preferred seller for Admiral Taverns.

Managing director Mark Greig said he was in talks with two major operators to facilitate the large-scale disposals of bottom-end freehold and leasehold pub sites.

He said: "You just have to go with the flow, but there is a reluctance on the part of some vendors to sell pubs outside the trade. With the current demand for social housing, do we really want to keep healthworkers and firefighters off the property ladder when there are buildings boarded up that they could be living in?

"Do we really want to prevent the local economy from growing by keeping buildings closed when they could be opening as new businesses?

"We need to adopt a broader economic outlook if we are to reduce the numbers of boarded-up pubs."

Paramount Investments are London based licensed property sales agents covering England, Scotland and Wales. We are specialists in sourcing freehold hotels, clubs, pubs and other pub company or brewery investment opportunities for potential property investors and property developers.

Paramount Pub & Licensed Property Sales

web: http://www.paramount-investments.co.uk
blog: http://www.pubs-for-sale.biz/
search: http://www.uk-pub-sales.net/

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Paramount is a fast-moving property investment brokerage and our investment web-pages cover all areas of investment and development.

Paramount Investments are specialsists in sourcing Pubs for Sale, Freehold Pubs for Sale, Leasehold Pubs for Sale and other Pub Company or Brewery Investment Opportunities in England, Scotland and Wales for potential property investors.

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Contact Email:
Issued By:Paramount Investments
Phone:020 7644 2333
Address:150 West End Lane
:West Hampstead
Zip:NW6 5SD
City/Town:West Hampstead
State/Province:London
Country:United Kingdom
Industry:Estate agents, Property investment
Tags:, , , , ,
Last Updated:Oct 06, 2009
Shortcut:http://prlog.org/10107476
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