Leasehold Estate

The Kings Head: £35,000 annual rent

Freehouses: the land of the free

By Tony Halstead

The already buoyant freetrade sector is predicted to grow over the next few years. Tony Halstead reports. There are approximately 18,000 freehouses...

Plain English: new tenancy agreements

Clarity stamp for Timothy Taylor tenancies

By John Harrington

Yorkshire brewer Timothy Taylor has gained "Crystal Mark" status for its pub tenancy agreements to show they are written in clear, plain English....

Charity: long leases need a good strategy

The slow death of the long lease

By The PMA Team

Tenants signing up to long leases need to have a very strong business strategy to survive the full term, says The PMA Team.

Tenants are able to negotiate rent free periods at some sites

Lease length drops to record low

By Ewan Turney

The average length of a lease has fallen to its lowest recorded level with 97% of small businesses having a lease less than 10 years long.  The...

Falcon Hotel: leaseholders suing Greene King

Tenant to sue pubco for £230k

By Gemma McKenna

A Greene King tenant is suing the company for more than £230,000 after attempts to lease the pub or buy the freehold failed. Meadowden Holdings...

Morgan: positive outlook for industry

Practice can make our trade perfect

By Neil Morgan

The Pub Industry Framework Code of Practice has made me optimistic that the future of this industry is on firmer footing, says Neil Morgan.

Consolidating: Wadworth's has undertaken a cost review

Wadworth's: profit down, turnover up

By The PMA Team

Wiltshire brewer and retailer Wadworth's has reported turnover up, but profit down for its most recent year. The company saw turn-over rise from...

Kearsey: seen overseas interest

Ex-pats lured home by flexible pub leases

By Gemma McKenna

Ex-licensees who left to work abroad are returning to take on UK pubs, according to three tenanted operators. The UK's improving economy and more...

BII training: for trade newcomers

Online course for trade newcomers

By Ewan Turney

New entrants to the pub trade will now have to undertake a two-hour course to ensure they understand the complexities of the leased model.

Darby: non-RPI lease gives tenants confidence

Marston's rips up RPI rents

By The PMA Team

Marston's has decided to scrap RPI rent increases in its new lease on the basis that they create too much rent uncertainty for licensees..

Batemans: allowing tenant investment

Batemans tenants can earn cash back

By Gemma McKenna

Batemans' new tenancy agreement lets hosts earn back cash plus interest on any investment they make in their pub. Under the new Capital Investment...

Punch: still challenging times

Punch Taverns: profits down 18%

By Ewan Turney

Profit at tenanted and managed pub operator Punch Taverns dropped 18% for the 28 weeks to 6 March on last year as it warned conditions remained...

White Horse in Haverhill: Haslam aims to increase trade to £10K a week

Haslam takes on fourth Enterprise pub

By Ewan Turney

The TLC Group — run by award winning multiple lessee Steve Haslam — has taken on a temporary management contract for Enterprise Inns.

Enterprise Inns: set to annnounce changes in its support packages

Enterprise set to unveil new agreements

By Ewan Turney

Enterprise Inns is set to unveil a range of new lease agreements and support packages in the coming weeks as it seeks to attract new tenants and help...

Morgan: there must be change

Consequences of bad pub estate management

By David Morgan

David Morgan of Cookseys DMP and critic of the large tenanted pubcos describes what he comes across in his professional role. Breaking up is so very...

Luff: pulling no punches

BBC show slates pubcos

By John Harrington

Pubcos were slated for their treatment of tenants on BBC's Inside Out programme on Monday night. Peter Luff MP pulled no punches, referring to the...

Enterprise: no code of practice rent reviews for free of tie lessees

Free-of-tie lessee 'out in the cold'

By John Harrington

Enterprise Inns has been criticised for refusing a code of practice (CoP) rent review to a licensee because his lease is free of tie.

Enterprise: free of tie options available

Enterprise: free-of-tie options for all

By The PMA Team

Enterprise is to offer all its licensees the chance to go free-of-tie on wine, spirits, minerals and AWP machines next year. The move follows the...

Charity: mediation wasn't a waste of time

The limits to pubco giving

By The PMA Team

Trying to broker an agreement with the parties involved in mediation talks between pub tenants and their landlords was described by one observer as "like herding cats", says The PMA Team.

Robertson: BII will police pubco performance of new code

BII: life will be much better for tenants

By Ewan Turney

BII boss Neil Robertson believes that life will be much better for new and existing pub tenants as a result of the new code of practice for pubcos....

Darby: mediation achieved a lot

Pub mediation achieved a lot

By Alastair Darby

Mediation achieved more than you might think. Here's the view of Alistair Darby, managing director of Marston's Pub Company. Fair Pint, the ALMR,...

Under the hammer: Enterprise freeholds

Analysis: Enterprise's call to auction

By The PMA Team

Next week Enterprise Inns hopes to sell the freehold of seven of its best pubs in an Allsops auction. The PMA Team looks at the move.

Brookers secured a good result in rent review case

What the Brooker pub rent ruling means

By The PMA Team

Enterprise licensees Charles and Leslie Brooker have won a rent review case against the company. The PMA Team looks at the judgement.

Enterprise: playing down impact of ruling

Enterprise plays down impact of rent ruling

By John Harrington

Enterprise says a High Court ruling where rent at one of its pub was reduced "does not bind the outcome of any other lease renewal or rent review".

Cott Inn, Dartington

Greene King under fire over rent clause

By John Harrington

Greene King has been accused of enforcing a no-rent-reduction clause, regardless of the circumstances, at a Devon pub. An historic clause on the...

Robertson: clear concerns over tie

More pubcos seek clarity

By John Harrington

More pub operators will submit their lease codes of practice to be accredited for clarity after final details emerge of the Government's mandatory...

George Barnes: help for tenants

Sheps freezes beer prices for its tenants

By Gemma McKenna

Kent brewer Shepherd Neame is freezing beer prices for its tenants until January 2011 as part of a support package for existing and new tenants. The...