Lease

AVLP poll outlines biggest pub property challenges in 2018

22-Feb-2018 By Stuart Stone

A poll of members of the Association of Valuers of Licensed Property (AVLP) revealed that Brexit is among the biggest challenges facing the pub property industry in the year ahead.

Alive & kicking: New agreements are driving the tenanted and leased pub market

03-Jan-2018 By Michelle Perrett

Much has been said and written about the implications of reform of the tenanted and leased pubs market. But, to misquote Mark Twain, reports about the demise of the sector appear to have been greatly exaggerated

Cloudwater boss dispels fears over brewery future

04-Dec-2017 By James Beeson

Cloudwater co-founder and managing director Paul Jones has moved to allay fears over the brewery’s long-term future.

Laine Pub Co acquires Distinct Group

04-Dec-2017 By Nikkie Sutton

Regional brewer and operator Laine Pub Company has acquired the four-strong leasehold pub estate of the Distinct Group.

State of affairs: The cost of dilapidation

06-Nov-2017 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

'£60,000 profit boost' for pub following MRO appeal

05-Oct-2017 By Michelle Perrett

A pubs code consultant has exclaimed “Bravo Mr Newby” after pubs code adjudicator Paul Newby ruled in favour of the tenant in a market-rent-only (MRO) appeal.

Which is best, a tenancy or a lease?

29-Sep-2017 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

14-Sep-2017 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.

BBPA chief denies pubcos are 'dragging heels' over MRO

08-Sep-2017 By Michelle Perrett

British Beer & Pub Association (BBPA) chief executive Brigid Simmonds has refuted allegations that pubcos have been “dragging their heels” over the pubs code. 

Free and easy: pros and cons of free-of tie leased pubs

10-Jul-2017 By Michelle Perrett

The free-of-tie leased pub with the potential to buy at the end of the lease, is a deal gaining popularity across the country.

Bison Arms plans dropped despite raising £150,000 via crowdfunding

06-Jul-2017 By Fred A'Court

Campaigners trying to set up a new pub in Brighton have admitted defeat despite raising £150,000 through crowdfunding, attracting the support of local MP Caroline Lucas and gaining the backing of the lease-holding brewery.

Lease agreements

Enterprise Inns' short-term lease strategy described as a 'suicide pact'

19-Dec-2016 By Michelle Perrett

Enterprise Inns has admitted it is focusing on shorter term lease agreements and offering licensees shorter deals at lease renewal.

PGB Audit

Pub Governing Body: BDM training has improved

18-Oct-2016 By Nikkie Sutton

Business development manager (BDM) training has improved, according to the annual audit by the Pub Governing Body (PGB).

MA Property

How to avoid a dilapidations disaster

22-Sep-2016 By Kevin Marsh, director of licensed leisure at Savills

A dilapidations bill can be a crippling expense at the end of a tenancy. Can that expense be avoided by something as simple as keeping the pub in a good state of repair?

Property

Brexit and the pubs code: predicting the pub property market

13-Jul-2016 By Michelle Perrett

What’s set to happen to the property market in the next two to three years? Leading property agents give their predictions in light of the Brexit vote and new pubs code legislation giving tenants the ability to break the tie.

BBPA

Running a pub guide: How high should your operating costs be?

17-Jun-2016 By Oli Gross

Operating costs for tenanted and leased pubs are highest in town and country food-led pubs, according to the British Beer & Pub Association’s (BBPA) latest Running a Pub benchmarking survey.

The summer of sport: could you be in breach of your lease?

14-Jun-2016 By Jonathan Foulds and Catherine Davey

 Law firm Stevens & Boltons Jonathan Foulds and Catherine Davey explain how pubs can stay on the right side of the law during the bumper summer of sport

Property

Leases: How to sell on your pub business

02-Jun-2016 By Paul Davey

You’ve been in your current pub for five years and you’d like to realise your assets and take a break before you decide on the next challenge in your career. Trouble is there’s five years left on your lease and no one has told you how to go about assigning...

Property

Is it time to give lease a chance?

22-Apr-2016 By Michelle Perrett

Whether you are thinking of selling or buying a lease, there’s a little more to it than simply agreeing a price and signing on the dotted line, as Michelle Perrett reveals.

Landlords' dilapidations: getting the rules right on repairs

16-Nov-2015 By Ben Winstanley

Landlords’ dilapidations can be an expensive oversight for those unsure of the terms of their lease. Pinders’ Ray Chamberlin explains how lessees can avoid being stung. 

Conference

Speakers revealed for Tenanted Pub Company Summit

07-Sep-2015 By M&C Allegra Foodservice

A high-class line up of speakers have been revealed for the highly anticipated Tenanted Pub Company Summit, hosted by the PMA's sister title M&C Allegra.

Pubs Code

MRO: Meltdown or Real Opportunity?

10-Aug-2015 By James Wallin, M&C Allegra Foodservice

The introduction of the pubs code, and crucially the Market Rent Only (MRO) option, represents the biggest shake-up of the leased and tenanted pub sector in a decade.

Publicans

'The pubco/tenant relationship - it's a struggle between "us and them"'...Interviewing campaigner Bill Sharp

08-Jul-2015 By Michelle Perrett

Bill Sharp has been an industry stalwart for more than 40 years, fighting for the rights of licensees and urging Government intervention over the beer tie.

Anger at Enterprise overhaul

20-May-2015 By Helen Gilbert

Lessees unhappy with pubco's five-year plan.

Enterprise agrees to end lease of anti-pubco campaigner Val Spencer

11-Feb-2015 By Rob Willock

Enterprise Inns has agreed to the early surrender of an anti-pubco campaigner’s pub lease due to her ill-health, claiming that a commercial landlord may not have taken such a compassionate approach.

Wadworth rolls out its segmentation project to tenanted estate

09-Feb-2015 By James Wallin, M&C Report

After a successful trial in its managed house division, Wadworth is rolling out its segmentation programme into its tenanted and leased estate, the Publican's Morning Advertiser's sister title M&C Report has learnt.

Spirit's new lease deal 'offers lower-risk option' for landlords and tenants

28-Jan-2015 By Ellie Bothwell

Spirit Leased’s new turnover-based rent deal has been praised by one operator who says it offers a mutually beneficial and lower-risk option for both landlords and tenants.

Barons says new Spirit lease model shows best of pubcos

04-Dec-2014 By James Wallin, M&C Report

Clive Price, managing director of Surrey-based Barons Pub Company, has said his latest site with Spirit under a new style of leasehold proves pubco/tenant relationships can benefit both sides.

The best way to tie the licensed trade knot

26-Nov-2014 By Graham Allman

As in any sound marriage, the relationship between host and BDM has to be built on trust. Graham Allman, MD at GA Select, provides the matrimonial guidance

INSIGHT

Key steps to buying or selling a leasehold pub

20-Nov-2014 By Paul Davey

Paul Davey, managing director of Davey Co gives advice to each party — the buyer, seller and landlord

Punch responds to 'unfounded claims' from tenants

18-Nov-2014 By Ellie Bothwell

Punch Taverns has responded to what it calls “unfounded claims” from its tenants, after it was accused in a number of evidence statements to the pubs code Bill.

Camerons targets 20 managed sites by next year

04-Nov-2014 By James Wallin, M&C Report

Camerons, the Hartlepool-based brewer and pub operator, is aiming to grow its managed estate to 20 next year, with new sites planned for both its Head of Steam and Blue Lounge Pub & Kitchen brands.

Pubco critic accuses BBPA chairman Jonathan Neame of industry code breaches

14-Oct-2014 By James Wallin

Anti-pubco campaigner Dave Mountford has accused the British Beer & Pub Association chairman Jonathan Neame of failing to abide by the Industry Framework Code.

Enterprise Inns reveals extent of managed ambitions

02-Oct-2014 By James Wallin

Enterprise Inns has revealed it will have ten directly managed sites by mid-November.

Great British Pub Award winners says tenants should not be afraid of working with pubcos

12-Sep-2014 By Sophie McIntyre

The overall winners of the Great British Pub of the Year have insisted you get out what you put in when it comes to working with pubcos.

Flexibility is the key to courting buyers, property agents claim

04-Aug-2014 By Helen Gilbert

Landlords’ increasing flexibility with their asking rents and terms could help boost the attractiveness of pubs to potential buyers, according to property experts.

IFBB demands changes to 'insulting' pubs code proposals

24-Jul-2014 By James Wallin

The Independent Family Brewers of Britain (IFBB) has branded the proposed pubs code "fundamentally unacceptable” and demanded the Government makes changes.

Contract vigilance is order of the day

28-Mar-2014 By Simon Clarke

All tenants need to make sure they read and re-read their contracts, to ensure their company is doing right by them, says Simon Clarke.

The Big Interview: Mark Derry, Brasserie Bar Co

21-Mar-2014 By Mark Wingett

Mark Derry talks to Mark Wingett about Brasserie Bar Co’s concerted push into the pub sector with the White Brasserie Company

McMullen's enhances tenanted pubs to managed house standard

26-Feb-2014 By John Harrington

Around 70% of McMullen’s tenanted pubs have been enhanced to the standard of its managed houses following a series of ‘rep and dec’ investments, tenant operations manager Gavin Mansfield has told the Publican’s Morning Advertiser’s sister title M&C...

Energy-efficiency planning report welcomed

09-Dec-2013 By Ellie Bothwell

UK property representatives have strongly welcomed a new report calling for the Government to help improve the energy efficiency of commercial buildings.

Beer-tie is an 'extraordinary thing' claims leading restaurateur

20-Nov-2013 By Michelle Perrett

The beer tie is an “extraordinary thing” the co-founder of Loch Fyne Restaurants and chief executive of Blanc Brasseries Mark Derry told the Pub Retail Summit last week.

London restaurant demand hits pub rent levels, claims property agent

15-Aug-2013 By Gurjit Degun

Pubs in London are seeing higher rents because of the strong demand that restaurant operators are bringing to the City.

Tenanted Pub Summit: Shepherd Neame chief claims there will be no statutory code

21-Jun-2013 By John Harrington and Michelle Perrett

There will not be a statutory code of conduct for the pub industry, according to the Shepherd Neame boss and chairman of the British Beer & Pub Association Jonathan Neame.

Licensees warned to check leases to obtain rent reduction

30-May-2013 By Gurjit Degun

A licensing lawyer has encouraged tenants and lessees to check their lease to see if they are eligible to renew their contract and obtain a rent reduction.

Campaign to save Caledonia pub receives boost from Admiral Taverns

21-May-2013 By Noli Dinkovski

A campaign to save an historic Liverpool city-centre pub has received a boost after Admiral Taverns agreed to sell the leasehold as a going concern.

The problematic Prime Principle

01-Mar-2013 By Phil Dixon

The lady at the KLM check-in looked me straight in the eye and said: “Sorry Mr Dixon, we are not prepared to accede to your request for an upgrade.”

Pub property agents see rise in leasehold deals

27-Feb-2013 By Gurjit Degun

Pub property agents are seeing more leaseholds deals as access to finance continues to prove difficult.

Running a pub is hard work, and it's getting harder

15-Nov-2012 By Rob Willock

So — hard-pressed tenants and leaseholders — how do your cost and profit figures compare with those revealed in the British Beer & Pub Association’s Running a Pub report?

Devon pub property agent Bettesworth sees 20% sales growth in leases

08-Nov-2012 By Gurjit Degun

Property agent Bettesworth has seen a 20% uplift in leasehold transactions in the first nine months of this year, compared to the same period in 2011.