20-May-2011 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...
13-May-2011 By The PMA Team
The BISC investigating pubco power is set to meet again on 28 June and 5 July, the PMA has learnt.
11-Apr-2011 By Mark Wingett, M&C Report
Over 80 properties that were part of the former Laurel Pub Company are set to come to the market over the next 12 months as investment opportunities....
31-Mar-2011 By The PMA Team
The move towards RPI rent increases in new leases is in danger of making some licensees far less competitive, says The PMA Team.
28-Mar-2011 By Graham Ridout
There has never been a better time for incoming licensees to negotiate lower rents or reductions in ingoing costs, according to experts. Neville...
Robert Sayles: A tale of two pubcos
23-Mar-2011 By Robert Sayles Robert
During the course of the last few weeks a number of Publican readers have got in touch. More and more of you it seems are keen to share your...
04-Mar-2011 By Gurjit Degun
Disputes between tenants and pub companies about inventories could be reduced thanks to a new procedure agreed by more than 100 pub property valuers....
McMullen's to trial new tenancy agreement
02-Mar-2011 By Hamish Champ
McMullen's, the Hertford-based brewer and pub operator, is to offer new tenants a deal that sees them keep their takings in exchange for a percentage...
Property Law: Rent deposits
24-Feb-2011
When considering granting a lease to a prospective tenant, a landlord will naturally wish to consider the financial strength of the tenant and to...
15-Feb-2011 By Gurjit Degun
The BBPA has called for the Government to scrap "record-breaking" tax rises on beer, as the RPI reaches 5.1%
Robert Sayles: RPI - the ticking time bomb?
09-Feb-2011 By Robert Sayles Robert
Up until quite recently, pubcos had the luxury of enjoying guaranteed returns from rental premiums. The upward only rent review clause in lease...
Enterprise Inns sells more freeholds in sale and leaseback deal
08-Feb-2011 By Hamish Champ
Enterprise Inns has raised £7.3m in the latest auction of a number of its freehold pub interests. A total of 12 freeholds were in the auction,...
26-Jan-2011 By John Harrington
Campaign group Justice for Licensees (JFL) is to survey present and former tenants about their views on pubcos and the tie.
26-Jan-2011 By Simon Clarke
There were two main issues at the start of the select committee inquiries into pubcos — the rent and cost of tied products, says Simon Clarke.
26-Jan-2011 By Gurjit Degun
Christie+Co's director of restaurants, Simon Chaplin, talks to the Morning Advertiser about the pub property market.
Enterprise Inns sells 29 pubs for £42m
14-Jan-2011 By Hamish Champ
Enterprise Inns has sold the freeholds of 29 London pubs to Max Property Group for £42.56m. It has leased back the pubs on new 35 FRI leases linked...
11-Jan-2011 By The PMA Team
Grand Union, the fast-growing London-based multi-site operator, has signed to open its biggest site yet. The company is to open Grand Union...
06-Jan-2011 By Gurjit Degun
A Punch leased pub in Lincolnshire has been taken on by 43 members of a local community committed to keeping their local pub running. The Cherry...
24-Dec-2010 By John Harrington
A high-profile Enterprise lessee whose pub is up for auction is examining plans for a mass tenant buy-out of their pubs by the pubco's licensees.
Enterprise Inns to sell package of 27 pubs
22-Dec-2010 By Hamish Champ
Enterprise Inns is believed to be preparing to sell off the freehold interest in 27 pubs, possibly as part of its ongoing sale and leaseback...
RICS produces guidance for rent valuations
22-Dec-2010 By Hamish Champ
The Royal Institution of Chartered Surveyors (RICS) has finally published its guidance notes covering the rental valuation of pubs in the much of the...
06-Dec-2010 By Phil Mellows
Landlord and tenant are often seen as enemies. So what's it like for former pubco employees who run their own pub, asked Phil Mellows.
Rent concessions are the industry's sticking plaster
22-Nov-2010
"A further review of the licensed trade is proposed from the Business, Innovation & Skills Committee (BISC, the successor to the Trade and...
Property Law: Are keep open clauses enforceable?
18-Nov-2010
In the current market where there is very little interest in taking on pub leases, solicitors are being asked to advise pub owners on the...
RICS valuation guidance at end of the month
08-Nov-2010 By Hamish Champ
The Royal Institution of Chartered Surveyors (RICS) expects to publish its guidance for rental valuations of pubs at the end of this month, six...
Employment Law: Transfer trouble
08-Nov-2010
An empty pub means no revenue from rent, premises potentially vulnerable to vandalism, and ownership of an uninsurable asset which may be...
01-Nov-2010 By Ewan Turney
The BII is to strengthen its support for new entrants to the pub trade through an extension of its mentoring scheme. In its update on pubco progress...
26-Oct-2010 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....
21-Oct-2010 By John Harrington
Pub is the Hub is in talks with pubcos about devising leases specifically for community groups to take on viable pubs that are under threat.
11-Oct-2010 By Natasha Devan
Manchester brewery Joseph Holt has announced it will be letting 15 pubs in north west England. Traditional three-year brewery tenancies are being...
Joseph Holt looking for new tenants
11-Oct-2010
Manchester brewer Joseph Holt has announced it is looking for new tenants at 15 of its pubs, mostly in the Greater Manchester area. John Waterhouse,...
Guaranteed agreements: guaranteed to cause problems
24-Sep-2010
The recent case of Good Harvest Partnership LLP v Centaur Services Limited [2010] which was first reported upon in The Publican (April 26, 2010) was...
17-Sep-2010 By The PMA Team
Punch Taverns has offered further concessions to new licensees to tempt them to sign up to three new leases it's offering. The company launches the leases officially in its south-east region next week.
Not everyone is opposed to leasing a pub, it seems
04-Sep-2010 By Hamish Champ
I read with interest a letter sent to The Publican this week (see box, below) from Roger Wood, a former Everards tenant, in which he rejected GMB...
27-Aug-2010 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...
Low rent review activity likely to continue, says agent
05-Aug-2010 By Hamish Champ
A leading property agent is predicting further low levels of rent review activity as tenants, hit by the tough market conditions, continue to oppose...
Kurnia Group to downsize
05-Aug-2010 By Hamish Champ
Michael Kheng, who runs the Lincolnshire-based Kurnia Pub Group , is looking to offload three of his bar outlets in order to concentrate on others...
04-Aug-2010 By Simon Clarke
Simon Clarke, licensee at the Eagle Ale House in Battersea gives his assessment on what progress the pubcos have made.
02-Aug-2010 By Ewan Turney
New licensees can run a pub for 12 months with no long term financial commitment under a "Try before you Buy" scheme, launched by Hertfordshire...
16-Jul-2010 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...
15-Jul-2010 By Phil Mellows
Ted Tuppen is used to fielding brickbats but doesn't shirk responsibility, as Phil Mellows finds when he meets the captain of Enterprise. To find...
01-Jul-2010 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.
Serious rent disputes being reported at least once a week
30-Jun-2010 By Matt Eley Matt
More than 40 "serious" enquiries have been received since the industry launched an independent service to settle rent disputes. In the first six...
Legal Q&A - Property with Colman Coyle
25-Jun-2010
Is a temporary rent reduction possible? Q I'm finding it difficult to pay my rent but I don't want to default on my lease and lose my pub. I've heard...
Property law: Heads of terms (HOT) - don't lose your head
24-Jun-2010
Clear and well thought-out heads of terms (HOTs) are crucial to the smooth running of any pub lease negotiations, so what should you be looking out...
18-Jun-2010 By The PMA Team & Mark Stretton
The PMA Team and Mark Stretton give their views on last week's Pub Company Summit, which ended in a controversial presentation by MP Greg Mulholland.
New RPI leases can damage your wealth
17-Jun-2010 By Paul Wigham
RPI leases defy logic and are punishing tenants, says Paul Wigham, chief executive of Orange Sun Bars.
11-Jun-2010 By Ewan Turney
Fuller's has hailed the exceptional performance of its tenanted pubs despite a 1% drop in like-for-like profits. The London brewer and operator said...
24-May-2010 By Mark Stretton, M&C Report
Luminar, Britain's biggest nightclub group, has approached the majority of its landlords with a request for a significant reduction in rents — as...
20-May-2010 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...
