000			01579cab a2200217 4500
001			L135812
008			061212n2006 000 0 eng u
035			_a(Sirsi) u135812
041	0		_aeng
100	1		_aOwens, Stephen
245	0	4	_aThe impact of the new Licensing Act together with a difficult trading environment and other new legislation on capital and rental values of UK nightclubs
260			_c2006
490		0	_aJournal of Retail and Leisure Property _v5(4) October 2006, 341-353(13)
520			_aThe nightclub sector has come under pressure from a variety of sectors, and faces increased competition from pubs and bars. This paper discusses the effects of the Licensing Act 2003 and the changes to the Town and Country Planning Order 1987. Also considered are the challenges that the sector faces with the forthcoming ban on smoking in public places. Different types of operations face different challenges, with small and mid-market clubs facing competition from pubs and bars, while super clubs will fair better as they offer a real alternative to late night bars and clubs. As a result of these pressures rental incomes has slowed in some cases, though are unlikely to depreciate. This paper also considers how nightclub premises in England, Scotland and Wales are subject to different legislative frameworks.
590			_aKA
650	2	4	_aTOWN AND COUNTRY PLANNING (USE CLASSES) ORDER 1987
650	2	4	_aLICENSING ACT 2003
651		4	_aUnited Kingdom _y
690			_aPROPERTY-COMMERCIAL PROPERTY-LEISURE PROPERTY-ENTERTAINMENT PROPERTY
942			_n0
999			_c78008 _d78008