Thousands of us dream of a simpler life in the country or fantasise about running a small guest house in a vibrant town or city and buying up a distressed hotel can be a great way of achieving this. However, turning around the fortunes of a struggling hotel, once it’s in your ownership role, isn’t as easy as you may think.
Here are some fundamentals to bear in mind after you're at the helm of what was once a sinking ship.
For the third and final part of our series looking at how you might go about buying a pub, we will be exploring arguably the most crucial aspect of the whole process: making sure that your business keeps running and remains profitable.
Once you've found the business opportunity of your dreams and made sure that you will be operating somewhere where customers will keep coming to you, there are a few steps you should take to make ... Continue Reading
In last week’s blog, we outlined the first few steps you might make before embarking on the journey of buying your very own pub. We highlighted the importance of being aware of the wider financial setting for the pubs industry presently and concluded that despite an overall downturn in the industry, the market conditions might be right for finding a niche opportunity and developing it fully.
This time, we are going to outline the f... Continue Reading
So: you’re thinking of buying a pub. Maybe you’ve spent a lot of time in your local; maybe you’ve seen a beloved boozer with a “for sale” sign outside it; or maybe you’ve always wanted to be Peggy Mitchell in your own Queen Vic.
Whatever your motivation, be warned that buying and running a pub is not an easy process, let alone the extra obstacles of alcohol tax, competition from coffee shops and microbreweries, and the f... Continue Reading
Business buyers looking for their next big opportunity may not need to look far from home, as British manufacturing’s recent revival suggests that, despite factors like Brexit and ongoing economic uncertainty, there is a global appetite for UK goods. Roll out the marmite!
The UK’s manufacturing industry is in rude health going into 2018, the latest Office for National Statistics (ONS) figures have shown: the sector grew by 0.4 p... Continue Reading
A children’s soft play centre business in Buckinghamshire is up for sale for £250,000.
Let’s Go Bonkers, based in Burnham, has been listed for sale on the property website Rightmove.
The centre, opened by Louise and Ian Cubberley in June 2014, is comprised of two adjoining industrial units, with a main activities centre which can take up to 128 children at once.
It also has a cafe and seating area and a... Continue Reading
A Victoria spa hotel built by two sisters to capitalise on growing demand for the apparent health benefits of Scotland’s sulphur wells has gone up for sale.
Sellers of Dunraven Lodge, in Strathpeffer, Rossshire, are looking for offers around £565,000.
Dating back to 1901, the category B-listed lodge was built by Catherine and Aline Corbett to accommodate an influx of wealthy Victorian visitors coming to fashionable St... Continue Reading
A Scout hut has gone up for sale in Orpington, Greater London on the same day that the Scout Association announced it had a waiting list of more than 50,000 children wanting to join its movement.
News Shopper reports that the hut on Brow Crescent, occupied for more than 40 years by 1st Ra... Continue Reading
Fancy living at a working station set on one of the most scenic railway lines in the UK?
Well, if you’ve got £145,000 you could, because a Grade-II-listed old station master’s house at Caersws Railway Station in Powys, Wales is on the market.
The property, on the Cambrian Railway Line which runs between Shrewsbury and Aberystwyth, is described as a “unique opportunity” by sellers Morris Marshall & Poole.
... Continue Reading
A pub which featured in the popular 1980s ITV comedy-drama Auf Wiedersehen, Pet is to be offered at auction next month at a guide price of £475,000.
The owners of the Windmill Inn at Redmile, near Grantham, are planning to retire. The pub still attracts thousands of the show’s fans every year.
Known as the Barley Mow in Auf Wiedersehen, Pet, it featured in the show’s second season and was a regular watering hole for... Continue Reading
A popular printing shop in York has been put up for sale for £25,000.
The owners of Zik Zak, on the city’s Fossgate, have spent 17 years building up their personalised printing business but now want to step aside.
The owners have placed an advert in the shop window in which they claim a new tenant would be able to make their money back in the space of a year.
“Over the last 17 years the business has bec... Continue Reading
A former stately home dating back to the 15th century which is thought to have hosted guests including Lord Nelson is up for sale.
On behalf of a private vendor, Savills has brought to market Cedar House, a grade II*-listed National Trust property close to the River Mole in the village of Cobham, Surrey.
The property is available by way of a new ‘free-of-tie’ lease and has potential for a range of uses including as ... Continue Reading
A historic church in the Forest of Dean which has been closed for five years is now up for sale for £500,000.
St John the Evangelist in Coleford was built between 1878 and 1880 to replace the town’s original church. The Grade II-listed Victorian building has been put on the market by Gloucester Diocese.
The church has been dogged with problems, closing in winter 2012 because it could not afford to pay its repair bil... Continue Reading
A popular Ipswich pub with full catering facilities and a three-bed flat has gone up for sale for £720,000.
The Mulberry Tree, just off Ipswich’s main shopping area at the junction of Woodbridge Road and Crown Street, has been put on the market as a freehold through Penn Commercial, the Ipswich Star reported.
The 1,599 sq ft property has an L-shaped bar with room for 50 customers and a tap room. Outside there is a 1,2... Continue Reading
A derelict youth and community centre in Cheshire has gone up for sale for £125,000.
The centre, in Kingsley, is a former village hall and playing field. About 20 buyers have expressed interest buying the site, the Sentinel reported.
Describing the property, on Holt Lane, Mounsey Chartered Surveyors said: "The property comprises of a range of large open plan rooms with offices and male and female WCs.
"Ext... Continue Reading
For just £30 your business for sale will feature at the top of and in the sidebar on business for sale pages, making your business stand out from the crowd