Property advice and opinion
In this section you will find all hospitality property advice and opinion articles, giving you an easy route to all the information and news about hospitality property advice and opinion on Caterersearch.
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Owners of growing hospitality businesses should consider selling up this year rather than next if they want to get a good price for their venture. That's the view of corporate finance advisor BDO following research among private equity managers into their attitudes towards the hospitality market.
Posted: 15 March 2010 | 10:50
If you're planning to buy a restaurant, now could be a good time, as property values are 30% lower than they were two years ago. Ben Walker outlines the steps you need to take to secure a successful purchase.
Posted: 19 February 2010 | 20:43
The majority of small and independent hotels fail to spot the warning signs of an impending financial crisis and take action too late. Jean-Pierre Van Der Rest and Jan Adriaanse look at what measures you can take to ward off insolvency.
Posted: 12 February 2010 | 12:28
If a building or refurbishment project is running behind schedule, it is not always apparent who holds responsibility for it.David Johnson of law firm Boodle Hatfield explains how to determine who is liable for any extra costs that may be incurred.
Posted: 10 February 2010 | 12:30
Before you hire a contractor to carry out building or refurbishment, you must make sure you have finalised your design, and you choose the correct type of contract, or your costs could escalate. David Johnson explains.
Posted: 29 January 2010 | 13:05
If you're thinking of buying your own restaurant, hotel, guest house or pub, now is a good time to start looking. Vendors are more likely to be flexible on price at this time of year, and you should complete on the deal by spring or summer, when trade starts picking up. Ben Walker looks at what you need to consider before you start searching.
Posted: 20 January 2010 | 14:41
Although pubs are closing at an alarming rate, it is mainly drinks-led businesses that are affected - those with strong food offerings appear to have a much greater chance of success and longevity. Ben Walker reports.
Posted: 23 October 2009 | 18:49
With some owners trying to ride out the fall in property prices, finding a hotel property might not be easy. However, due to the economic downturn, a lot of businesses have failed and been placed in administration. Ben Walker offers some timely advice on how to go about buying a hotel.
Posted: 14 August 2009 | 10:08
When it comes to maximising your sale price, it is essential to plan ahead and be thoroughly prepared - especially in the current economic climate. Karl Cushing offers a guide for potential vendors
Posted: 22 May 2009 | 19:27
The number of hotel investment deals fell dramatically in 2008 and will continue on a downward spiral this year, according to a new report from Jones Lang LaSalle (JLL).
Posted: 23 January 2009 | 08:00
The credit crunch has led to a steady supply of hospitality business sites on the market, and with the giant operators holding fire on expansion there are plenty available for potential buyers. Karl Cushing offers a guide to the process
Posted: 22 January 2009 | 00:00
If you're selling off property in the vicinity of your own business, you will want to restrict the buyer from opening up in competition to you. Solicitor Gary Pickard explains how the law can help
Posted: 13 March 2008 | 00:05
If you are after a bargain in the commercial property market, an auction would be a good place to look. But thorough preparation is a must, warns Karl Cushing
Posted: 31 January 2008 | 00:00
Tax is not normally an subject to make the heart flutter, but there was more than a ripple of excitement in hospitality circles last year when the government announced that hotels and restaurants were allowed to become part of a Real Estate Investment Trust (REIT).
Posted: 21 June 2007 | 10:20
Choosing your premises is one of the biggest decisions you will make when starting up. Deborah Wyatt from Business Link provides pointers on how to select the right site for your business.
Posted: 27 October 2006 | 15:03
I want to sell my pub-restaurant in six to nine months' time. What can I do to maximise the price and the chance of selling?
Posted: 19 October 2006 | 00:00
Whether you are a husband-and-wife team selling your hotel or restaurant, or a member of a multinational group selling one of your subsidiaries, there are some key points that you will need to address before making the sale. Michael Miller and Elizabeth Small report
Posted: 18 May 2006 | 00:00
We're thinking of buying an inn, which we see as a five- to seven-year project before possibly selling and moving on. We can't decide between leasehold and freehold. Would we get a better return by buying four leaseholds at £100,000 rather than one freehold at £400,000? We have £200,000 in cash to invest
Posted: 23 March 2006 | 00:00
Whether you have just one restaurant or a chain, it's crucial to site your business where the action is. We have tracked three location trends, shopping centres, retail parks and airports, and examined the issues that influence your decisions.
Posted: 07 November 2005 | 00:00
Operating 24 hours a day, seven days a week and hosting a captive market of consumers who often have time to kill, airports offer unique opportunities for catering outlets. In the third part of our series on the importance of location, Rosalind Mullen reports on trends and developments airside
Posted: 03 November 2005 | 00:00
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