A publican has spoken out over the strain Marston's has caused him over his missing £5,000 deposit, and said that, based on his experience, it is "no wonder good operators are deserting the pub industry in droves”.
An MP has blasted the behaviour of pubcos and the work of the pubs code adjudicator in a Westminster Hall debate, calling for adjudicator Paul Newby to be replaced and for a tougher approach to legislation.
When your rent comes up for review, what information do you need to negotiate a new deal and what is most important in making the case for a more competitive rent? Here, we also take a look at what you need to do when considering a rent deal for a new...
Lease renewals are a vital part of a publican’s business development, but procedures under the Landlord and Tenant Act are fraught with potential problems and shouldn’t be embarked on without the benefit of professional advice.
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
The Pubs Advisory Service (PAS) has written an open letter criticising the response from the head of the British Beer & Pub Association (BBPA) to a report providing evidence that pub companies are blocking tied tenants’ access to the market rent only...
Pub-owning businesses (POBs) are blocking tied tenants’ access to the market rent only option (MRO) and going against the spirit of the pubs code, according to a report commissioned by the pubs code adjudicator’s office.
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.
Turnover forecasts for newly leased pubs have risen by 14% for the next two years due to “improved business confidence”, according to the latest data from the Royal Institute of Chartered Surveyors (RICS).
The Department for Business, Energy and Industrial Strategy (BEIS) has confirmed that stocking rights can be imposed on tenants by pubcos, even if the tenant has taken on the market-rent-only (MRO) option.
Figures released by pubs code adjudicator (PCA) Paul Newby show that there have been, on average, more than 20 requests for him to step in and adjudicate every month since the pubs code became law six months ago.
The rent review process came under scrutiny from senior decision makers of the licensed property trade at last week's Henry Stewart Leisure and Licensed Property Conference, where many operators suggested the current system was failing.
Pubs code campaigners are outraged at the announced consultation into how the Pubs Code Adjudicator (PCA) will investigate breaches of the code, claiming the legislation is still effectively ‘not ready’.
Whether you have a free of tie or a tied lease, the impending market rent-only option (MRO) is likely to provide some profound and interesting outcomes for market values. Davis Coffer Lyons’ executive director of pubs and bars, Paul Tallentyre, discusses...
So, crunch time has arrived. A new rent has been proposed by your pubco, and you’re not at all happy with the figure. In the second part of this two-part rent review series, Michelle Perrett looks at your options for the crucial negotiation process.
The average rent on a new lease was £29,253 in the fourth quarter (Q4) of 2015, up by more than 3% year-on-year, according to the latest figures from the Royal Institute of Chartered Surveyors’ Pub Benchmarking Survey.