UK Pubs for Sale: Investment and Development opportunities come in various shapes and sizes from single unit refurbishments to 'new build' schemes for multiple mixed commercial and residential units.
A plethora of different types of people utilise our property acquisition and disposal services from domestic occupiers to sole traders, multi-national plc's and property companies. For the amateur investor/developer it is essential to consider the following points before committing to purchasing a property of this nature:
'Planning permission' - This may be required should the external appearance of existing buildings be altered or if new erections are proposed. Planning permission may also be required if a change of use is proposed from a commercial property to a residential property of vice versa. There may be exceptions to the rule as some changes are considered as 'permitted development' under the Use Classes Order 1987. The majority of our opportunities are not offered on a 'subject to planning' basis which means it is essential for applicants to conduct their diligence in this respect before commencing negotiations. This is easily done by consulting with the relevant Local Planning Authority or/and following the guidelines set out in the most recent Unitary Development Plan (UDP). In the case of public houses for example planning consent is not required to change the current use (A4 'Drinking Establishments')
'Costs' - There are endless costs associated with a potential site redevelopment and/or the conversion, refurbishment and modernisation of existing buildings. It is essential from the outset to be surrounded by a highly experienced and reliable professional team. Appointing good architect and quantity surveyor is a perfect starting point in establishing architectural possibilities and quoting an estimate on build costs associated with the development. They can also assist in obtaining planning consent and advising on matters such as whether Listed Building Consent is required and whether Conservation Area rules need to be followed. Most professionals can also recommend good builders, plumbers, architects and electricians for the specific job at hand. Other costs which need to be accounted for include lawyers fees and Stamp Duty which are general applicable in every acquisition. VAT may also be applicable in certain instances.
'Paramount' - We can be the essential component in the successful acquisition of your property assets. Established in 1989 we have specialised in the sale and acquisition of investment and development property to the trade since incorporation. Some examples of such property include houses for conversion, development sites with and without planning consent and tenanted property sales such as 'HMO's', 'Shops and Uppers' and regulated tenancies. We have also had experience in the acquisition and disposal of low yielding institutional lots let to prime covenants.
More recently Paramount have expanded and established themselves as one of the leading companies in the sale of freehold public houses across the UK. We have developed a reputation for selling pubs to people who were not aware they could use such a versatile asset for their occupational needs. Did you know pubs are currently being sold for uses such as; dwelling-houses for family occupation, for conversion into multiple residential units, for community uses and places of worship, for ALL retail uses including convenience stores and restaurants and even for funeral parlours - In fact you can use a pub for just about anything! Many individuals and pub companies have also had significant success in purchasing pubs for investment and development and regularly re-visit our properties on offer for further fruitful acquisitions.
Our professional team of Chartered Surveyors have a wealth of experience and are happy to give free advice on any of the above matters. We can also refer you to specialist lawyers, financers, architects and planning consultants to suit your particular needs.
Paramount Pub Sales
150 West End Lane
West Hampstead
London NW6 1SD
Tel: 020 7644 2333
Web: http://www.paramountinvestments.co.uk/
Blog: http://www.pubs-
Search: http://www.uk-
Twitter: http://twitter.com/
