The great British Pub is an iconic image throughout the world. Nobody does the village pub like the British. Its probably the thing that most expats miss the most. Nevertheless many are under threat and nearly 50 a week shut, many to never re-open.
It is a very depressing statistic, specifically for
someone like me who is a genuine ale enthusiast. I like nothing better than
traveling around the country finding new unspoilt pubs from those with chocolate
box looks to the corner pub untouched in 60 years. Each has its own unique
character. When your pub is in decline, find a pre pack
insolvency practitioner as soon as possible. They can help out in a big
However they are an endangered species. The landlord today will
generally find himself a tenant of a large pubco. The pubco is available to make
money and hence rents are often exorbitant. Often also the landlord is tied into
taking beer that the pubco sells on to him at a far greater price than he could
buy himself direct. The result is that to make any money the cost of the typical
pint may now be over £3. This isn't a price that can be sustained in the current
economic malaise. This is coupled with the point that you can buy beer from a
supermarket cheaper than you can purchase water. People are therefore buying
supermarket beer and drinking at home.
The government with its policy of
racking up beer duty in the misguided and blunt attempt to stop binge drinking
is exacerbating the already dire situation.
The result of all this is
that rates are too high and so people only go out now and again. As turnover
falls so the need to raise prices creeps in to cover costs that leads to less
Eventually the rent cannot be paid and the tenant leaves,
usually with a mountain of financial debt. Many ex landlords find themselves
with no choice but bankruptcy.
Sometimes a bar can be saved if it's not
tied to a pubco, via the pre-pack administration, but often it is a creditors
voluntary liquidation with all the lease sold on to a brand new
Specific pubs can survive and indeed the British Public house
has been around in some shape or form for 100's of years and so it's almost a
given that they can adapt and survive. The question is how many and in what
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