February 3rd, 2010
An iconic B&B for sale in Shropshire is expected to attract "significant interest" from a wide range of potential buyers. The De Grey's Townhouse business sale is being handled by London-based Christie + Co, with a guide price of £1.25 million.
Home to De Grey's Tearooms for over 100 years, the Elizabethan property in Ludlow contains a licensed restaurant – with its own bakery shop – and nine bespoke guest bedrooms… Continue reading
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Posted in On the Market | No Comments »
January 29th, 2010
The agent responsible for 13 pub sales – that came about after Elizabeth Estates fell into administration in December – says there is "strong interest" in the freeholds of the free-of-tie tenanted establishments. The pubs for sale are available individually or as a group and it's believed they'll produce around £2.5 million.
At the moment the pubs, located in Suffolk and Essex, produce a combined rent of £213,000 and are being… Continue reading
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Posted in On the Market | No Comments »
January 27th, 2010
Barclays has made another £88 million of business loans available to small firms through the government's Enterprise Finance Guarantee (EFG), introduced during the downturn to help companies struggling to raise funds.
Lord Davies – the trade, investment and small business minister – says the EFG has already helped "thousands of viable businesses" access the cash they need to withstand the recession and prepare for recovery.
"Following its recent extension, it will… Continue reading
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Posted in Raising Finance | No Comments »
January 22nd, 2010
Confederation of British Industry (CBI) figures have highlighted that manufacturing production rose for the first time in two years in the three months to January, and now a billion-pound fund has been launched to keep the sector buoyed up.
Representatives for RBS/NatWest say the loans are being made available following feedback from customers in the industry who are anticipating growing demand for their products during 2010 and beyond.
It marks the latest… Continue reading
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Posted in Raising Finance | No Comments »
January 20th, 2010
The business sale story of the decade (so far) has ended in defeat for that sweetest of British institutions: Cadbury. After maintaining last month that it would not be swayed by a revised offer from US food giant Kraft, the confectioner's board advised shareholders to give in and accept the cheese manufacturer's proposal of 840 pence per share, valuing the company at £11.5 billion.
Attention in the Midlands – home to… Continue reading
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Posted in Done Deals | No Comments »
January 15th, 2010
Millions of sole traders in the UK are leaving their businesses vulnerable by not insuring against profit losses or the cost of replacing their "key person", it's been claimed. That's despite 77 per cent of sole traders who have a key person in their business admitting their enterprise wouldn't survive the loss of that individual.
Research from the Scottish Widows Business Protection Report reveals that around 2.6 million sole traders have… Continue reading
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Posted in Exit Strategies | No Comments »
January 14th, 2010
Many of us dream about quitting the rat-race and setting ourselves up with a nice café, B&B or guesthouse business in a beautiful area. Well they don’t get much quainter than this – a luxury B&B, tearoom and restaurant in Ludlow.
When buying a business, it’s important to consider if the business you are buying is a success (is it making a profit? does it have a unique selling… Continue reading
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Posted in Buying a Business | No Comments »
January 14th, 2010
The number of new businesses being set up around the world has fallen as a result of the recession, according to new figures from Global Entrepreneurship Monitor (GEM).
The report shows that the number of start-ups was down by 10 per cent last year in 20 of the world’s wealthiest nations.
The UK came off relatively well with only a 6 per cent fall in new businesses being registered while the US… Continue reading
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Posted in Entrepreneur | No Comments »
January 8th, 2010
Following our observations towards the end of last year that Blackpool had guest houses, self-catering apartments and hotels for sale to the tune of £72 million, despite a healthy tourism season, budget chain Travelodge has defied the recession and announced plans to invest £115 million in 26 new outlets this year.
You might remember that a surge in the overall cost of hotels for sale in the… Continue reading
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Posted in Trends | No Comments »
January 6th, 2010
The saga continues in what must be one of the most gripping cases of a business for sale for some time. Now, after US food giant Kraft tempted Cadbury shareholders with more cash than that promised by its initial £10.2 billion bid, the British confectioner has written off the revised offer as "derisory".
In an attempt to sweeten its offer for Cadbury, Kraft – maker of Toblerone and Terry's Chocolate Orange… Continue reading
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Posted in Business News | No Comments »
