Thursday, 25 April 2013

How do you compare to ...

In response to a request by the Parliament's Business Industry and Skills Select Committee to the Royal Institute of Chartered Surveyors (RICS) to produce a national and regional benchmark for pub rents RICS has for the last year been tracking pub rents.

If you are looking to take on a pub from a brewery, pubco or private landlord you might want to know the average rent, turnover, wet/dry split etc for your area.

To help you decide if the rent on your dream pub is above or below average I've analysed the figures which you can download by clicking here, to find out where your area ranks within the country.

The headline figure you might be most interested in is the percentage of turnover the average pub pays to its landlord as rent:

RegionRent as % of Turnover
Wales6.8%
South West9.0%
South East10.0%
South Central9.3%
North West7.6%
North East7.1%
Midlands10.1%
East Anglia9.4%
London11.7%
National9.0%

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