Pubs for Sale in England and Wales
Licensed property agent, Paramount Investments, which in the past has bought and sold pubs for the likes of Punch Taverns and Admiral Taverns, has revealed it has slashed the asking prices of around 130 pubs, some by up to 50 per cent.
The agent said it had also taken around 100 pubs from an unnamed seller – though it is believed to be Admiral Taverns – with many being sold at “massively reduced prices”.
The 100 new pubs came on to the market last week.
Thirteen of them carry freehold price-tags of £115,000 or less - with one Caerffili (Caerphilly) pub on offer at a staggeringly low £50,000 (freehold).
They are located all over England and Wales.
Property Wire Aberystwyth in Wales has also suffered from the stagnating property market, with 23% of homes for sale failing to find a buyer. Property sales are running 5% of homes for sale remain unsold Up to one in four homes on market still unsold after a year House sales gloom time