Last calls for pub buyers

Last calls for pub buyers - 2003 - Estates Gazette (0334) 23 August 2003, 9(1) .

Chestertons has published research, warning investors to sell restaurants and pubs while the market remains strong. Current yields are considered to be unsustainable and Chestertons expects a slump in rental growth over the next year. However, others such as Davis Coffer Lyons consider the market to be getting stronger and Whitbreads has committed to a £300m expansion drive in Yorkshire and is seeking sites for up to 200 new restaurant outlets. Chestertons website, http://www.chestertons.co.uk.


PUBLIC HOUSES
RESTAURANTS
LICENSED PREMISES MARKET
PROPERTY INVESTMENT
RENTAL GROWTH
RENTAL YIELDS