Options Appraisals
In the hospitality sector, the trade media reveals that about 30 pubs a week are closing.
The Statutory List shows 8931 listed pub buildings, meaning that approximately 9 in every 500 listed buildings are pubs. Many pubs are in conservation areas while others are 'locally listed'. Local Listing has no statutory force but does mean that the planners still treat applications relating to them as though they were listed buildings. Let us say that this bumps the number of 'historic' (protected) pub buildings to 12000.
The best use for any historic building is that for which it was originally intended. Consequently, and given our committment to CAMRA, we will try to ensure that pubs remain as pubs. But even CAMRA confesses that there are areas which are 'over-pubbed' and consequenty they do not always object to the loss of those of modest architectural merit.
Redundant pubs make good offices, homes and can be divided reasonably successfully - depending on their planform- into apartments. They can also get a second lease of life as bed and breakfast accommodation, travel hostels or even - perish the thought - restaurants and boutique hotels.
An early options appraisal can identify new uses early on, leading to a quicker sale and a more realisitic valuation for both disposer and acquirer.
also see: Licensed Leisure page.
Ring us to see how we can help.