40 Pubs a Month Demolished or Converted to Other Uses | Altus Property Services

Altus Group UK News & Insights.

Global Company News & Events

40 Pubs a Month Demolished or Converted to Other Uses

Analysis of official Government data by the real estate adviser Altus Group shows that the overall number of pubs in England and Wales, including those vacant and to let, fell to 40,748 on 1st September, down 315 this year so far with 87 pulling their shutters for good since trading restrictions were lifted.

Pubs which have ‘vanished’ from the communities that they once served have either being demolished and/or converted into other types such as homes and offices.

All Pubs Total (as at 01/09/2020) 40,748
Region Number of Properties
South East 5,828
North West 5,436
South West 4,771
Yorkshire/Humberside 4,408
West Midlands 4,049
East 3,806
East Midlands 3,670
London 3,642
Wales 3,118
North East 2,020
Source: real estate adviser, Altus Group

 

On 31st December 2019, there were 41,063 pubs with 473 pubs having  ‘vanished’ during the 2019 calendar year compared with the 914 lost during 2018.

Pubs in England and Wales are receiving a 1 year business rates holiday worth £768.12m and were eligible for £557.94m in grant funding with Altus Group’s Head of business rates, Robert Hayton, saying “these interventions were crucial to help save our pubs but more targeted support will be needed.  Localised lockdowns will have localised impacts so reviews of rateable value, through the Covid-19 group action which we have launched, is the ideal way to get more support to where it is most needed.”

 

Methodology

The number of pubs are based upon a detailed analysis of the Local Rating Lists in England and Wales maintained by the Valuation Office Agency, an executive agency of HMRC. The Local Rating Lists itemise all pubs with a rateable value liable for business rates through a specific SCat code and includes those currently vacant and being offered to let.

 

Overall Pub Numbers In England & Wales

H2 2018 41,536
H1 2019 41,301
H2 2019 41,063

For media enquiries

FTI Consulting

Phil Kennedy: +44 (0)20 3727 1286

Giles Barrie: +44 (0) 7798 926 814; +44 (0)20 3727 1042

altus@fticonsulting.com

Paul Turner-Mitchell: +44 (0)7465 220 785

paul.turner-mitchell@altusgroup.com

(out of hours/weekend enquiries)

Contact Us

Contact Us

Find out how we can help you save, contact our team today
0800 023 5310
property@altusgroup.com