Hall & Woodhouse tenant retention rate hits 98%

By Ellie Bothwell

- Last updated on GMT

Related tags: Corporation, Hall & woodhouse

Almost all Hall & Woodhouse business partners stay in same pub after year one
Almost all Hall & Woodhouse business partners stay in same pub after year one
Hall & Woodhouse has announced a 98% retention rate for its business partners that succeed past year one.

The Dorset-based family brewers also confirmed that 40% of their business partners have been in the same public house for over three years, the standard timescale of its Business Partnership contract.

On average, 20% of UK businesses fail in their first year, according to government resource Business Link.

Hall & Woodhouse introduced a Business Partnerships Agreement in 2010 to offer support at building profits. The contract allows partners to renew their contract every three years with no rent review.

Matt Kearsey, director of Hall & Woodhouse, said: “We are delighted to have seen this level of retention in year one and also going forward. We have succeeded in making running a pub a desirable career/life style choice.

“We took the decision to remove the rent review to make it absolutely clear that we are committed to sustaining not penalising our business partners’ success so that they can operate public houses in which we can all take pride.”

Hall & Woodhouse has 155 tenanted pubs across the south of England.

Related topics: Other operators

Related news

Show more