Summary
Pub values once again rose significantly with prices increasing by 6.2pc in 2003, partly as a result of a shortage of properties for sale.
David Lee of Christie & Co says the shortage of pubs for sale in 2003, particularly freehold freehouses, was driven by a benign economy and an unexpectedly hot summer which meant most publicans enjoyed a good year's trading and were under no pressure to sell.See the full content of this document
Extract
Pubs Set to Stay in Short Supply
This shortage has continued into 2004 with the result that pub...
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