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Number of pubs disappearing from the industry every month remains cause for alarm

Empty restaurant

40 pubs a month are still being demolished or converted to other uses, it has been claimed.

Real estate adviser Altus Group revealed the number after pulling together official government data on pubs in England and Wales.

It calculates that overall numbers fell to 40,748 on 1 September, down 315 this year so far, with 87 pulling their shutters for good since trading restrictions were lifted.

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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, Altus Group said.

On 31 December 2019, there were 41,063 pubs in England and Wales, 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 one-year business rates holiday worth £768.12m and were eligible for £557.94m in grant funding.

 

 

“These interventions were crucial to help save our pubs but more targeted support will be needed,” said Robert Hayton, head of business rates at Altus Group.

“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.”

The number of pubs in England and Wales is calculated using analysis of the Local Rating Lists 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.

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Andrew Seymour

The author Andrew Seymour

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