Buying any business is a stressful process but buying a hotel can be more stressful than most. There are a number of guides available advising on the hotel purchase process but the points below are more strategic in nature. Although there are no guarantees, careful consideration of these points will help to ensure that the hotel purchase proceeds as smoothly as possible and that the hotel will match the dreams and aims of the purchaser.
Continue reading 29 November 2017 Advice & Guides Topics: Agency , Hotels & Guest HousesAs an agent, I receive frequent telephone calls from hotel owners and operators who are thinking of selling. As part of this preliminary consultation, I advise clients how to ready themselves for the sale, and here are some of the key aspects.
Continue reading 06 July 2017 Advice & Guides Topics: Agency , For Sale , Hotels & Guest HousesAs specialists in the leisure property sector, Fleurets understand the fast paced, ever-changing restaurant scene and in this article Kate Dowd of Fleurets considers the current challenges facing those restaurateurs who are looking to either acquire their first site or expand their portfolio. Whether you are looking for a restaurant to let or a freehold restaurant for sale, how have the events of 2017 affected the eating out sector? Any simple Google search will provide you with basic do's and don'ts of buying a restaurant, however what critical factors are influencing the market?
Continue reading 15 June 2017 Advice & Guides Topics: Agency , Change of Use , RestaurantsHead of Agency Simon Hall looks at Assets of Community Value, what they have achieved as well as the pros and cons.
Continue reading 14 March 2017 Advice & Guides Topics: Agency , Development & Alternative Use , Pubs & Bars
Now that we are returning to a system where Pubco's are granting short 'tied' leases (3 or 5 years) - as opposed to 10 or 20 year leases - there are more lease renewals than rent reviews to be dealt with.
Continue reading 19 October 2016 Advice & Guides Topics: RentalGiven the reputation of Estate Agents you may not be surprised to hear that there are some Agents in the Licensed property market who don’t operate in an above board manner.
Continue reading 23 June 2016 Advice & Guides Topics: Agency , Hotels & Guest Houses , Leisure & Nightclubs , Pubs & Bars , RestaurantsWhether you own a village freehouse or a city centre hotel it is vital that you prepare properly for a sale.
The selling process can be a strenuous and testing period, but our 10-step guide will help you to maximise the opportunity and minimise the stress involved:
Continue reading 01 May 2016 Advice & Guides Topics: Agency , For Sale , Rental , Sold , To LetWhilst the tied lease model of pub ownership has its critics, there are thousands of people who have been able to enter the trade using this format and to grow hugely successful businesses, moving on to much bigger things. With very little capital needed, tied and free of tie leasehold pubs offer the opportunity for passionate people to build spectacular businesses, that would be virtually impossible to do in many other types of business.
Continue reading 19 February 2016 Advice & Guides Topics: Agency , To LetEver wondered what a chartered surveyor really does? Graeme Bunn, the new Managing Director, at leisure property specialists Fleurets is here to demystify the terminology and provide some insider info on how it all works!
Continue reading 11 December 2015 Advice & Guides Topics:"There's nothing better than running a successful pub." As reported in the Publican's Morning Advertiser, Director and Head of Agency, Simon Hall reveals his top tips for buying a leisure property in 'Vital checklist for pub purchasers'.
Continue reading 08 October 2015 Advice & Guides Topics: Agency , Finance