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22 February 2012

Former hotel in Helston now for sale with planning permission for residential development

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Christie + Co Blog

Continuing demand for self-catering businesses in Scotland

Despite the continuing turmoil in the commercial property market there continues to be strong demand for self-catering businesses throughout Scotland. With consistent returns, this market appeals to both private owner-operators as well as group operators and national chains. The self-catering sector includes caravan parks, holiday lodge complexes and cottages. Most individual buyers are also looking for ...

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Will it be an Olympian year for the pub trade?

It may have been turbulent, but 2011 was hardly the ‘annus horribilis’ for the pub trade that many either predicted or would lead you to believe. The market more than held its own. Parts of it, particularly the freehouse sector, positively thrived. Yes, in terms of property values, prices remained lower than their historic peak, and ...

Posted in Hotels, Pubs | Tagged , , , , | Leave a comment

Pharmacy sector should see increasing activity in 2012 after subdued year

According to our Business Outlook 2012, the pharmacy sector remained an oasis in a largely barren landscape in 2011. With the sector’s apparent immunity to the financial crisis, 2012 looks set to be a year of increasing activity, albeit against the backdrop of regulatory and legislative upheaval. The prevailing economic climate, compounded by the uncertain passage ...

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Convenience retail sector holds its own in 2011 as independents migrate to symbol brands

Our Business Outlook 2012 reports that, despite the strains on the consumer purse, the increasing high-street presence of small-format supermarkets and the summer’s social unrest, the independent convenience retail sector continued to hold its own in 2011. According to Business Outlook 2012, which uses average price information derived from retail transactions brokered by Christie + Co, ...

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January 2012 occupancy numbers will shape year for childcare

According to our Business Outlook 2012, nursery occupancy improvements in January will be crucial for setting the tone for the rest of the year in the childcare and educations sectors. Like many other sectors, childcare and education was affected by the economic situation, and transactional activity particularly was hamstrung by an element of nervousness. In 2011, ...

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Average prices fall in a watchful 2011 for the care market

Following their relative stability in 2010, average care property prices fell in 2011 in a transactional environment that was undermined by the ongoing economic crisis and the uncertainty caused by the Southern Cross situation. According to our Business Outlook 2012 publication, which uses average price information derived from care transactions brokered by Christie + Co, care ...

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Continued demand for eating out could bolster independent restaurant sector in 2012

According to our Business Outlook 2012, consumers re-affirmed their appetite for eating and drinking away from home in 2011, despite the consistent strain on the purse-strings. The eating-out sector responded with an array of choice — all of which was good news for the diner. However, increasing competition, and price-competition, led many operators to struggle and ...

Posted in Buying a business, Market Commentary, Restaurants, Selling a business | Tagged , , , | Leave a comment

Leisure sector sees budget fitness still in vogue as nightclubs continue to falter

According to our Business Outlook 2012, the leisure sector demonstrated a continuing polarity of performance between nightclubs and the budget health and fitness arena in 2011 with value-for-money increasingly becoming the consumer-driver. Nightclubs endured another turbulent year, but difficult trading conditions can be overcome to a degree by out-of-the-box thinking. Nightclubs were hit more than most ...

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More sold pubs stay as pubs in 2011 as closures decelerate

According to our Business Outlook 2012 publication, average pub property prices stood relatively firm amidst 2011’s financial storm. Of equal significance is that more sold pubs are staying as pubs with the closure rate decelerating. Business Outlook 2012, which uses average price information derived from pub transactions brokered by Christie + Co, showed average prices decline ...

Posted in Buying a business, Market Commentary, Pubs, Selling a business | Tagged , , , | 1 Comment

Cash buyers and international investors could ‘fill their boots’ in the hotel sector in 2012

In our Business Outlook 2012 publication, we report that the lack of debt finance and the ongoing economic uncertainty in 2011 combined to repress a hotel sector which began 2011 with high hopes following a hint of recovery in 2010. According to our Business Outlook 2012, which uses average price information derived from hotel transactions brokered ...

Posted in Buying a business, Hotels, Market Commentary, Selling a business | Tagged , , , | Leave a comment
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