Leasehold Estate

'It is important for both parties in a rent review or lease renewal to consider whether improvements would be carried out by a reasonably efficient operator'

The value of tenants' alterations

By Jonathan Essex

Improving your pub is vital to sustain and grow business. But how does it affect your property’s rent and valuation? Jonathan Essex, associate director at Colliers International, shares his advice for tenants

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...

New regulations will mean the process for recovering rent arrears will be lengthier

Legal Q&A: Recovering rent arrears

By Weightmans

The law around recovering outstanding rent arrears is changing in April 2014. What does this mean for pub landlords and do they need to make changes now to ensure compliance? Law firm Weightmans takes a closer look.

Fair Deal for Your Local campaign has outlined how a market only rent option would work

Fair Deal campaigners outline market rent only option

By Michelle Perrett

The Fair Deal for Your Local (FDFYL) campaign has written to Business, Innovation & Skills Secretary Vince Cable to explain why a market rent-only option for pub tenants is not a “complex and radical idea”.

Willock:

Pubcos must stop this beer-price escalator

By Rob Willock

The tenanted pub companies have been putting their houses in order (literally and figuratively) in recent years. None but the most one-eyed of pubco critics can deny that — though I will doubtless, as ever, receive plenty of abusive trolling on social...

Arkell's will be investing in its estate again this year

Arkell’s reinforces help for new tenants

By John Harrington

Arkell’s, the Wiltshire-based brewer and pub operator, has appointed its managed house director Craig Titchener to the new role of tenanted director as it takes a more “hands-on” approach to supporting new licensees, company director George Arkell has...

Clarke:

The future of tied pubs is in our hands

By Simon Clarke

Self-regulation of the tied pub sector was given an eight-year chance, but by last December the Government acknowledged that it had not had the desired effect. Tied licensees were still suffering hardship and not enough pub profits were going to lessees...

JW Lees hopes to launch 10 new pubs in 2013

JW Lees hopes to launch 10 new pubs in 2013

By John Harrington

JW Lees, the Manchester-based brewer and pub operator, hopes to launch 10 pubs in 2013 after securing £10m in additional funding from RBS, managing director William Lees-Jones has told M&C Report.

Wigham:

Wigham: And the latest fashion is... beat up the big guy

By Paul Wigham

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...

Batemans offers new lease agreement

Batemans offers new lease agreement

By Gurjit Degun

Lincolnshire-based pub operator and brewer Batemans has unveiled a new tenancy agreement that offers licensees free-trade prices on all drinks.

Marston's to introduce

Marston's to introduce "hybrid" BDMs

By John Harrington

Marston’s, the brewer and pub operator, is to introduce a scheme whereby business development managers (BDM) from the tenanted estate also handle freetrade and other accounts.

Davey has come under fire

BIS: Davey refutes "sell-out" accusations

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.

Trial site: the Plough at Burnopfield, County Durham

Tavistock’s new gastropub franchise

By John Harrington, M&C Report

Tavistock Leisure, the Sunderland-based bar, restaurant and hotel operator, has unveiled plans to rollout a chain of gastropubs and restaurants via a “franchise-style” scheme.

Mulholland: wants action on pubcos

Enterprise defends tenants’ treatment

Enterprise Inns has defended its treatment of tenants after new figures show 17 of the 30 “serious” licensee complaints against pubcos to a group of MPs were from Enterprise tenants.

Dodds: Facing eviction

Fair Pint founder faces eviction from pub

By Ewan Turney

A founding member of Fair Pint is facing eviction from his pub over a £125,000 bill for unpaid legal expenses and backdated rent. Mark Dodds,...

RPI rents: can leave licensees with a headache

RPI leases: get your maths right

By Daniel Mackernan

The pubcos have increasingly introduced RPI leases, but tenants need to take an appropriate view on the initial rent, argues Daniel Mackernan of...

Illusions: just one bar left

Illusions Magic Bars down to one site

By John Harrington, M&C Report

Illusions Magic Bars, the operator of magic bars, has been forced to close its Manchester venue after the landlord declined to renew the lease....

RPI: the index has no relevance to pub leases, according to Gary Mallen

RPI: pub rent rises by another route

By Gary Mallen

New pub company leases that offer annual rent increases in line with the Retail Price Index should be treated with scepticism, argues Garry Mallen....

Sharing the load

Sharing the load

By Hamish Champ

McMullen's, the Hertfordshire-based brewer and retailer, hopes its new type of letting agreement will help attract entrepreneurial individuals to the...