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.
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.
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?
Pub tenants should keep a closer eye on rent review dates, or face paying a higher rent for a longer period than they should — that’s the warning from licensing surveyor Morgan & Clarke.
Greene King, the brewer and pub operator, is to launch two new tenancy agreements aimed at encouraging “highly talented” entrants to enter the trade, and giving cash incentives for good retail performance.
It seems that big is not beautiful any more. At the time of writing, Barclays is going through the wringer for wrongful London interbank offered rate (LIBOR) manipulation and mis-selling financial instruments, with casualties including the chief executive...
Greene King will re-open the doors of the Hop Holes pub in Brighton under new management on 20 June, despite two former licensees expressing an interest in taking back the leasehold of the premises.
Tadcaster Pub Company, the northern England-based pub operator, has revealed that it has converted four of its tenanted pubs to managed and is looking to convert two more sites in the near future.
For those who follow Kurnia Licensing on Twitter and Facebook you will already be aware of my plans to exit the retail side of the industry. Over the past few years I have reduced the estate down to four outlets — three freeholds and one leasehold.
Business minister Ed Davey has flatly refused accusations from pubco critics that he’s a “sell out” for his decision not to implement a statutory code of practice governing pub company/tenant relationships.
