Lease

New addition: Laine CEO Gavin George has welcomed Distinct Group's staff

Laine Pub Co acquires Distinct Group

By Nikkie Sutton

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

 “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

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.

Spot the difference on the likely dilapidations bill

MA Property

How to avoid a dilapidations disaster

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?

Brexit and the pubs code: predicting the pub property market

Property

Brexit and the pubs code: predicting the pub property market

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.

Leases: How to sell on your pub business

Property

Leases: How to sell on your pub business

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...

Is it time to give lease a chance?

Property

Is it time to give lease a chance?

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.

Speakers revealed for Tenanted Pub Company Summit

Conference

Speakers revealed for Tenanted Pub Company Summit

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.

The Government has promised the industry a consultation on the draft pubs code by the autumn

Pubs Code

MRO: Meltdown or Real Opportunity?

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.

Wadworth's Avon Causeway site

Wadworth rolls out its segmentation project to tenanted estate

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.

MD Clive Price said the company has allowed for steady growth over the next few years

Barons says new Spirit lease model shows best of pubcos

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

The best way to tie the licensed trade knot

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

'We are going to take the Head of Steam brand forward'

Camerons targets 20 managed sites by next year

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.

Simon Clarke:

Contract vigilance is order of the day

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 Steamer at Welwyn had a £100,000 investment

McMullen's enhances tenanted pubs to managed house standard

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...

The report highlights the 'split incentive' between landlord and tenant as a barrier to investment in energy efficiency

Energy-efficiency planning report welcomed

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.

Former Luminar sites assignments continue

Former Luminar sites assignments continue

By Mark Wingett

Luminar, Europe’s largest nightclub operator, is close to finalising the assignments of the few remaining leases within its 56-strong estate and is looking to acquire new sites.

Dixon:

The problematic Prime Principle

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.”