FAQs
This month, we will be walking you through some of our FAQs to help you better navigate your process. We are covering general FAQS, commercial property FAQs, and survey and …
Read MoreIn the ever-evolving pub industry, outside space has become an essential factor for success. So, this month we are going to be running through a few reasons why outside space is so important in the pub industry.
Having an outside space not only increases your venues capacity but opens it up for new event opportunities. During the warmer months, many people enjoy soaking up the sun while they have a drink so having an outdoor space will attract more customers. It also becomes a more appealing space for dog owners and families creating a more relaxed and safe space.
Outside space has also become more valued post pandemic as people are more aware of health and safety, this means many people prefer open air spaces which create a safer, more relaxed environment to socialise.
Providing an outside option to customers will also enhance the overall experience for customers. By including some nice outdoor furniture, an open green space, and an area for kids, more people will be inclined to pay your space a visit. These small touches will help boost your reputation and increase footfall.
From a property valuer’s point of view, having a well-kept and usable outside space for customers will increase the value of the property. It will help drive turnover and therefore net profit in providing additional seating and revenue. It will give you an extra 50 covers if you are a food led business and provide additional income in the summer months. Customers have also become hardier in their approach to outside seating since 2020 and an outdoor space is considered by many as a must have. A garden can give a pub a unique selling point or an attractive back drop to the internal trade areas.
Outside space will also attract buyers. So, if and when you come to sell your property, people looking to invest in a pub space will most likely want it to include a nice outdoor area as it caters to a larger audience, allowing for growth within the business.
In conclusion having an outside space in the pub industry not only expands capacity but makes your pub a more appealing place for customers and potential buyers. Creating a space for customers to enjoy the weather whilst also feeling safe and relaxed in the environment. Having a well-maintained outdoor space can set your pub apart from competition and drive higher foot traffic and profitability, ensuring your pubs long term success in the industry!
If you are looking to let or buy a great pub space with a scenic well-kept garden area, then check out our Businesses For Sale page. We currently have The Thunderbolt for sale and The Swan Inn to Let!
Thinking of selling your pub business, need a valuation or some professional advice get in contact with us by emailing [email protected], call us on 01179 200090 or make an enquiry here.
This month, we will be walking you through some of our FAQs to help you better navigate your process. We are covering general FAQS, commercial property FAQs, and survey and …
Read MoreThis month, we will be giving you a little refresher of our services and what we can help you with to kick off the 2025 new year. Valuations The …
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