'Pubs for Sale'
Sept 30, 2009 - Punch Taverns in the UK has put more than 300 pubs on the market.
The pubs are located all across the UK. Many of the pubs have folded and are vacant. The UK has seen a wave of pub closures in the last few years due to higher taxes, a shift from off-premise to at-home consumption and the economic downturn. The sale of over 300 pubs, some of which have already closed, is another huge shift in the UK on-premise beer scene.
Some of the pubs may be reopened as a pub again, but it is anticipated that many will be sold and used as other uses.