Pubs and Bars

Six pubs ‘vanished’ a week during pandemic

According to real estate adviser Altus Group, around six pubs were either demolished or converted into offices and homes during the coronavirus pandemic

Around six pubs “vanished” a week in the UK during the coronavirus pandemic, according to real estate adviser Altus Group.

The group states the pubs were either demolished or converted into offices and homes over the lockdown period.

At the time of the first lockdown last year (20 March 2020), there were 40,886 pubs in England and Wales, which has dropped to 40,052 recently.

Regionally, the South East and the West Midlands saw the biggest pub losses over the past year, at 62 and 49 pubs being lost respectively.

Chancellor Rishi Sunak announced a £150m financial lifeline through a new Community Ownership Fund to help British communities save and invest in their local publicans.

Robert Hayton, UK president of expert services at Altus Group, said: “Pubs have endured a torrid time during the pandemic but have proved remarkably resilient aided by government interventions such as furlough, grants, rates relief and liquidity in the form of cheap loans helping to keep the ‘pilot light on’ for their reopening.”

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