New Leases

RICS: Highest pub rent costs in two years

RICS: Highest pub rent costs in two years

By Ellie Bothwell

Pub rent as a percentage of projected turnover reached its highest level for almost two years in the last quarter of 2014, but saw a slight drop overall compared to 2013, according to the Royal Institute of Chartered Surveyors Pub Benchmarking Survey.

Punch: new concessions

Punch: more concessions on new leases

By The PMA Team

Punch Taverns has offered further concessions to new licensees to tempt them to sign up to three new leases it's offering. The company launches the leases officially in its south-east region next week.