Property law

Rate rise: Mark Carney has overseen the first interest rate rise in a decade

Don't panic - industry reaction to interest rate increase

By Michelle Perrett

Concern may have been expressed in the trade about this month’s rise in interest rates, but while licensees would be advised to check their finances, the consensus is there should be little in the move to worry publicans

 “Thorny issue”: Many tenants don't have sufficient funds to keep investing in their property

State of affairs: The cost of dilapidation

By Michelle Perrett

Licensees need to be aware of the potentially huge costs of dilapidations but, if maintenance and upkeep of a site is taken care of regularly, there should be little reason to be overly concerned

Fresh cheese: the revamped site will show a range of sports including Premiership and Champions League football

Stonegate invests £250,000 to revamp Cheshire Cheese pub

By Fred A'Court

A £250,000 refurbishment has given the Cheshire Cheese near Tower Hill in London a new lease of life, with updated decor, new fittings and the latest technology for screening sports TV while rich wood furniture surroundings and mirrors retain the traditional...

Steampunks: street theatre builds excitement around The Alchemist's new opening

£1.5m Alchemist site to open in Oxford

By Nicholas Robinson

Bar and restaurant group The Alchemist has pumped £1.5m into the opening of a new shopping centre bar in Oxford, creating 75 new jobs.

Fleurets' Sutcliffe: some rents are jumping to where we thought headline rents were maybe four to five years ago

Property: Average free of tie leases up as much as 22%

By Michelle Perrett

Rising rents, signs the London market has reached a tipping point, and the effects of Brexit, the national living wage and the new rating system are all covered in Fleurets’ annual rental survey.

Lease renewal: procedures should not be embarked on without the benefit of professional advice

Property advice: Give lease a chance

By Michelle Perrett

Lease renewals are a vital part of a publican’s business development, but procedures under the Landlord and Tenant Act are fraught with potential problems and shouldn’t be embarked on without the benefit of professional advice.

Confusing elements: controversy has stalked the pubs code at every stage

Spotlight: When is MRO not MRO?

By Michelle Perrett

Controversy has stalked the pubs code at every stage. But one of the most confusing elements is licensees’ access to the market-rent-only (MRO) option. Here, we look at how this part of the legislation is progressing, or not, in some cases.

Key factors: It is crucial to get it right first time when deciding on tenancy or lease

Which is best, a tenancy or a lease?

By Michelle Perrett

Your knowledge of the pub business and how much money you have to spend are key factors in deciding whether you come into the trade on a tenancy, lease or a freehold. It is crucial to get it right first time

Licensees' 'unrealistic assumptions' of property prices

Licensees' 'unrealistic assumptions' of property prices

By Michelle Perrett

Property valuers believe licensees think their pubs are worth more than they actually are, the market is less buoyant than a year ago and almost all say leasehold prices will not increase in the coming 12 months.

Thrown out: Raymond Blanc's plans for new pub refused by council (image: Google Maps)

Raymond Blanc's latest pub plans refused

By Nicholas Robinson

Raymond Blanc’s White Brasserie Company has had development plans for the historic King's Head pub in Little Marlow, Buckinghamshire, refused by the local council.

Geese revived: the journey to get the pub reopened was a long one

Dorset village pub to open after long closure

By Fred A'Court

Traditional village pubs are here to stay and can still bring great rewards providing owners adapt to changing consumer needs, according to property specialist Christie & Co.

Delighted: Punch chief executive Duncan Garrood said it has been a 'long road' and is 'delighted' that the deal is moving forward with clarity

Patron completes £1.8bn deal to buy 3,200 Punch pubs

By Claire Churchard

Investment firm Patron Capital has completed its £1.8bn acquisition of 3,200 Punch pubs and has announced that the second part of the deal, to sell 1,900 of these pubs to Heineken, will complete next week.

Concerned: pubs code adjudicator Paul Newby vows to investigate MRO issues further

PCA to confront pub owning businesses over MRO blocking

By Claire Churchard

Pub-owning businesses (POBs) are blocking tied tenants’ access to the market rent only option (MRO) and going against the spirit of the pubs code, according to a report commissioned by the pubs code adjudicator’s office.

Special feature: The lessons of Upton Park

Special feature: The lessons of Upton Park

By Roger Protz

East End pubs around the Boleyn Ground in Upton Park, lived and died by their claret and blue credentials, so it’s little wonder a year after West Ham upped sticks and moved to Stratford that some have already put the shutters up.

Unlawful occupation: Advice for pubs over squatters. (Image: Google Maps)

What can publicans do if squatters come calling?

By Fred A'Court

What can a pub do if travellers or squatters simply turn up and camp outside the premises? Any unlawful occupation can be distressing and stressful, but under common law the land owner has a right to evict people to regain possession.

The pub name ’George and the Dragon’ became popular under King Edward III

What's in a name? The stories behind pub monikers

By Claire Churchard

Pub names are part of the social fabric of Britain. But have you ever wondered why your local is called what it is or why its name may have changed over the years? Here, we take a look at the stories behind the names

MRO: legal framework 'will not work'

Opinion

Opinion: 50 ways to avoid an MRO

By Phil Dixon CBII industry adviser

Last Saturday in my fifty first season in senior cricket, I was skippering the mighty Cookley Thirds in the Worcestershire League. 

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Property of the week

KENT - HIGH QUALITY FAMILY FRIENDLY PUB

£ 60,000 - Leasehold

Busy location on coastal main road Extensively renovated detached public house Five trade areas (100)  Sizeable refurbished 4-5 bedroom accommodation Newly created beer garden (125) Established and popular business...

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