Total Licensed Floor Space is becoming important for purchasers.

May 2007

This year the issue of being able to add to a venues total licensed area is becoming a major issue for purchasers particularly if they wanted to add an outdoor area.

Identification whether the entire hotel site or just the buildings are licensed is important in terms of adding extra licensed external areas has become an important issue particularly due to the recent restrictions in additional licensed floor area being capped to no more than 10% of the existing floor space.

Research into venue premises files often clears up confusion that an entire site is licensed including all grounds and car parks during standard trading hours which are 5am to Midnight, Monday to Saturday and 10am to 10pm on Sunday, whilst the buildings maybe licensed for approved extended trading hours under Section 25 of the Liquor Act 1982.

Bligh Williams

 

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