The old family brewers would not let novices run their pubs without training, nor would any other industry in respect of their employees, so why should the pub trade? Nigel Wakefield looks at the notion of a 'Competent Operator' and how standards...
Pubcos may have to transfer “considerably more” in profits to their tied tenants than the Government estimates — up to £20,000 per pub — under the proposed statutory code, according to the Association of Licensed Multiple Retailers (ALMR).
New regulations governing the ways in which landlords are able to recover commercial rent arrears could upset relationships between owners and tenants, according to property consultancy firm Bruton Knowles.
Wellington Pub Company, the free-of-tie leased pub operator, has criticised Government proposals to ban the use of upward-only rent review clauses by pub companies, saying that such a move risks distorting the market for commercial landlords.
A resounding 96.2% of people who took part in the survey about the relationship between pub companies and tenants agreed that the Government should regulate the relationship between pub companies and tenants.
The average annual rent for new pub leases in England and Wales stabilised at £24,939 per annum during the third quarter of 2013, according to the Royal Institution of Chartered Surveyors (RICS) Pub Benchmarking Survey.
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.
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...
The average annual pub rent for new leases in England and Wales dropped slightly to £24,368 per annum during the second quarter of 2013, according to the Royal Institution of Chartered Surveyors (RICS) Pub Benchmarking Survey.
Traditional pub rents are usually set with reference to the profit that can be generated from the property, but high-street pubs and bars are usually valued on a rate per square foot. Why the difference?
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...
The British Beer & Pub Association (BBPA) has issued a note of caution over the statistics which suggest that rents are higher in the tied sector as a proportion of turnover, than the free-of-tie sector.
Like-for-like sales climbed 5.8% across the UK’s pub sector in the year to October 2012, with community locals and food led outlets outperforming the market, according to the Association of Licensed Multiple Retailer’s (ALMR) latest Benchmarking Survey...
The Business, Innovation & Skills Committee (BISC) has called for “flexibility” in the proposed statutory code for pub companies so it could be applied to smaller tenanted pub operators at a later date.
Andrew Delahunty, managing director of DLHY Pub Company, argues that the simple use of a calculator shows why tenants should be given a free-of-tie option as part of any new statutory code of practice.
The Independent Family Brewers of Britain (IFBB) has unveiled research asserting that the average value of Special Commercial or Financial Advantages (SCORFA) to a licensee of its member companies is £25,000 per annum.
Enterprise Inns chief executive Ted Tuppen has labelled the Government’s consultation into the statutory code for pub companies “a disgrace” and accused MPs and ministers of “deliberate distortion of the meaning of evidence” over the issue.
Having bought the freehold of our property from Enterprise Inns last October, we have had to adjust to a slightly different scenario in our business. Times remain very challenging but brewers are so supportive of freeholders it makes life seem better.
The average annual pub rent for new leases in England and Wales dropped slightly to £26,920 during the last quarter of 2012, according to the new Royal Institution of Chartered Surveyors’ (RICS) Pub Benchmarking Survey.
Heavitree Brewery, the Devon-based tenanted pub operator, has reported a 20% fall in profit before tax and finance costs to £1.1m in the year to 31 October 2012, with an exceptional impairment charge and costs linked to “problematic” licensees cited as...
I don’t always get the opportunity to catch up on what’s happening in the PMA, but having a spare 10 minutes the other day I picked up the 17 January edition and had a leaf through – more to see if I had been reported saying anything “outspoken” than...