Elaine, who will be based in the firm’s Leeds office, started her career at regional brewers Joshua Tetley, which later became part of Allied Domecq Group; owners of the Vanguard Lease Company that was purchased by Punch Taverns. In her last five years at Punch Taverns, Elaine was a successful area manager winning the Business Relationship Manager of the Year Award for Yorkshire and Humberside in 2006 and was a National Finalist in the Association of Licensed Multiple Retailers Operations Manager of the Year Awards 2007. After leaving Punch Taverns, Elaine successfully set up her own consultancy business where she worked closely with the BII on PIRRS (Pubs Independent Rent Review Scheme).
Between them, Andy and Elaine have over 50 years of experience in the licensed trade sector and can offer Ryden’s existing and new clients professional services advice (property valuation, fixtures & fittings valuation, rating, rent review), business consultation, estate management and agency services across Scotland and Yorkshire.
Andy Macpherson at Ryden comments: “Elaine’s expert knowledge in the licensed trade sector is a real asset to Ryden and I’m pleased to welcome her. Over the last four years I’ve developed Ryden’s licensed and leisure division in Scotland, securing key instructions from Punch Taverns, Spirit Group, Belhaven, Trust Inns, Scottish & Newcastle, Nat West, Cooperative Bank and Johnston Carmichael. Elaine’s considerable expertise provides a great platform from which we can grow our licensed and leisure services in the North East of England.”
Commenting on the current licensed and leisure market in Yorkshire, Elaine said:
“Times are tough out there in the pub trade - or that’s what is commonly believed to be the case, because in recent years we have seen the introduction of the smoking ban, the effect of the credit crunch, rising inflation and the duty escalator, with the biggest threat coming from the price-cutting at the supermarkets.
However, the fact that a lot of pubs are on the market means that there is some excellent real estate to be acquired, either to remain as a pub or for alternative use development.
True entrepreneurs who have first class customer service ethics, personality, good business acumen and who are not afraid of hard work are presented by a wealth of opportunities.
The growth market for the industry is in Real Ale and food. A good value for money food offer is still high on the consumers’ list of things that they are looking for in a pub - and value for money does not mean cheap. The local brews of Real Ale in pubs are in great demand and consumers are willing to pay a premium price for a premium product. In many cases these types of pubs have benefited from the smoking ban, as they now attract families and diners.
Advisors like me are there to provide independent professional advice regardless of the climate. Be it for a rent review or business planning, property investment or training, bringing in third party professionals will always add value to businesses, and provide assurance or get things back on track, resolving the issues that are costing money.
I am passionate about the industry and believe that we are a long way from seeing the demise of the institution of the good old British pub.”
For more information on Ryden's Licensed & Leisure services visit: http://www.ryden.co.uk/
Searching for a pub to let? Then visit: http://www.ryden.co.uk/
Notes to Editors
Ryden is an independent commercial property firm operating a full-service practice. Service lines include Agency & Development, Investment & Finance, Professional, Building Consultancy, Property Management and Consulting.
The firm is headed by Fiona Morton, Chairman and has around 140 people, including 31 partners and 20 associates.
Ryden has offices in Edinburgh, Glasgow, Aberdeen, Leeds, Dundee and Inverness.
• EGi’s Most Active Agent in Scotland 2011
• EGi’s Most Active Industrial Agent in Scotland 2011
• EGi’s Most Active Office Agent in Scotland 2011
• Property Week’s Industrial Agency Team of the Year (Scotland) 2009
For more information see http://www.ryden.co.uk