The Great British Pubco Scam. Pubs are closing all over Britain yet pubs are places that most people love and think fondly of as some of the most significant, treasured, iconic parts of our culture, places to be cherished, nurtured and looked after. Yet they're closing everywhere... WHY? It doesn't make sense does it? Read on...
A bit about me. And a bit about them. And some photographs...
An observation about freehold pubs coming onto the market
observation about freehold pubs coming onto the market, mostly shut
that is, when 'OFFICIAL figures for pub closures are supposed to be
around 12 a week.
In the LAST SEVEN DAYS over 50, yes that's
over FIFTY, 'New Instructions' for pubs have come into my inbox from
just one national agent. Most of them are "Suitable for alternative use -
STP". What does this mean against the 'official statistics?" NOTHING
because at the moment they are still classed as pubs.
course there's no way of knowing what happens to all these pubs that are
landsliding onto the market once they're off the agent's books (from
experience I note that many of them stay on the market and the price
falls over a period of several weeks, or couple of months, and then they
slip away. I have a feeling that if they've been around for a while
that they get recycled through other agents' networks to keep them below
the parapet of scrutiny of the system by outside interested parties -
who might want to be counting those pubs that stop being pubs to compare
against the only source of pub closures the famously forthright
upstanding and transparent BBPA.
'12 pub closures a week' is
clearly a wildly optimistic figure conjured up to make the pub crisis
seem not so much a crisis as a 'difficult period'. And the cliff hasn't
even been washed away yet.