10/20/2016 | Pub Mortgages

Finding Pub Finance in the Midlands

The licensed sector has taken a battering from all angles in recent times. We have all read the statistics surrounding the number of pub closures per week, the impact of duty hikes on profit margins and the shift to drinking at home thanks to rock-bottom supermarket prices. It’s no secret that the younger generation are showing a preference towards one or two top quality drinks than the 4 or 5 their parents might have had at a similar age. All of these things are having an impact on the perception of how well a pub – be it a gastro-pub or your local - can trade in today’s climate.

In truth, the operators that have weathered the storm of the financial crash and adapted to the changing needs of their customers aren’t just trading, they are trading very well.

The diversity seen across the sector speaks volumes about how quality operators have evolved with the times to keep their business at the top of its game.

Unfortunately, a number of lenders restrict their policy for lending to businesses in the licensed sector, which can result in an overly cautious approach.

Christie Finance specialise in navigating this often restrictive lending criteria to secure you the most competitive rates from the market. Our clients range from first-time buyers with limited experience and experienced managers taking on their first site, to operators purchasing the freehold they are already trading from.

We will help guide you through the process from start to finish, so if you would like to have a chat about your options please get in touch with Nicole Jones on 0121 452 3709