Freehold pub prices rise

The average sale price of freehold pubs grew by 6.9% to £445,537 in 2018, reaching its highest level in more than a decade, according to a report from niche leisure agency Fleurets.

The report also noted that the overall volume of transactions has remained steady in the past three to four years.

But on the whole, market demand was “polarised with the best sites being in strong demand and secondary sites generating much lower levels of interest”.

Simon Hall, director of agency at Fleurets, said: “There is no shortage of buyers with plenty of funds wanting