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Sunday, February 10, 2013

The Millstone - Further Sign of the Times

There is a notice outside The Millstone saying they are closing on Sunday thank you for your custom.
Pubs face a number of issues including social change and the cost of beer.

This will however not stop someone else having a go.They might wish to consider why the last ( is it 6 landlords? ) in the last 5 years cannot make The Millstone a going concern.

If you wish to waste your money perhaps you should draw it out the bank and set fire to it. A lot quicker without the thankless toil of running a business model  that has run it's time in many cases.

The amounts of money to go into the Millstone and the monthly payments are eye watering.

I could make a prediction with regards another hostelry that sells alcohol in the village. It will be perhaps unfair and make me more unpopular.

Note: As far as I am aware Punch Taverns own the Millstone. They have rather a lot of debt. In fact it is billions. They operated an aggressive pub company buying policy before the crash.

Links
http://en.wikipedia.org/wiki/Punch_Taverns

http://www.guardian.co.uk/business/2013/feb/07/punch-taverns-restructuring-plan

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