Pubs ‘Vanishing’ Stabilise Ahead Of Reopening
Analysis of official Government data by the real estate adviser Altus Group reveals that the overall number of pubs in England and Wales, including those vacant and to let, fell to 40,835 at the end of the first half of 2020 down just 228 during the first half of 2020 despite their enforced closure.
Pubs In England & Wales By Region
|Region||H2 2019||H1 2020||6 Month Difference|
|East of England||3,856||3,820||36|
Altus Group says this compares with a loss of 235 pubs during the first half of 2019 and 473 during the whole of 2019.
Overall Pub Numbers In England & Wales
But the rate at which pubs are ‘vanishing’ from the communities that they once served, either being demolished or converted into other types of use, such as homes and offices, has halved from the 914 lost during the whole of 2018.
Robert Hayton, Head of U.K. business rates at Altus Group, says Government measures to support pubs during the period of lockdown have undoubtedly helped but urged caution saying:
“Pubs in England and Wales are receiving a 1 year business rates holiday worth £768.12m which started on 1st April as well being eligible for £557.94m in grant funding. These interventions have gone a long way to saving our pubs ensuring that they can reopen safely. However, some change of use applications may have been held up due to delays in local planning whilst it also remains to be seen, once the first few cold beers have been downed, the impact on trade new strict rules will have moving forward.”