Tenanted + Leased

MPs back calls to review pubs code ‘event trigger’ in light of Covid-19 pandemic

24-Mar-2021 By Stuart Stone

A group of 25 MPs have backed calls to reform a regulation of the pubs code outlining which events can trigger an accelerated rent review.

How are the fourth and fifth self-employed grants different?

24-Mar-2021 By Nikkie Thatcher

Self-employed licensees will be able to claim two further grants to cover losses during the pandemic and The Morning Advertiser takes a look at the next rounds of funding, as the fifth differs from the previous grants.

Property round-up

Punch spends £1m on pub gardens, ‘illegally destroyed’ pub to reopen

24-Mar-2021 By Stuart Stone

The nationwide operator of more than 1,000 pubs, Punch, has invested £1m in outdoor spaces ahead of the proposed reopening of 662 of its sites on 12 April, while the 'illegally destroyed' Carlton Tavern is poised to reopen after being rebuild...

Opinion

Tied Pubs Bill changes the fabric of Scottish pub landscape ‘forever’

23-Mar-2021 By Edith Monfries, Scottish Beer & Pub Association president and COO of Hawthorn

Today (23 March) is a date that will go down in history for all the wrong reasons.

Coronavirus: a year of closures

How has Covid-19 impacted tenant relationships with their pub company?

23-Mar-2021 By Stuart Stone

With 20 March marking a year-to-the-day since last orders were called in pubs just days before a first national lockdown, The Morning Advertiser (MA) quizzed its readers on how their working relationships have changed in the past 12 months.

Publican Awards 2021

Meet the finalists: Best Tenanted and Leased Pub Company

23-Mar-2021 By The Morning Advertiser

The Morning Advertiser has profiled the four finalists in the Best Tenanted and Leased Pub Company category, sponsored by HGEM.

Opinion

How to ensure new tied tenants go in with their eyes wide open

19-Mar-2021 By Fiona Dickie, pubs code adjudicator

The upheaval in the pub trade from the Covid-19 pandemic will undoubtedly lead to pubs changing hands.

Hawthorn to start charging full rent from August

19-Mar-2021 By Nikkie Thatcher

Community pub operator, Hawthorn, has outlined a tapered rent support package for its estate throughout this summer.

Stonegate registers £746m loss amid pandemic pub closures

18-Mar-2021 By Stuart Stone

The UK’s largest pub company revealed that the enforced closure of its sites has yielded a £746m loss and forced it to tap investors and debt markets for £1.4bn funding.

Jobs round-up

M&B faces ‘investor backlash', Bristol hires first night czar, hospitality sector recruitment drive

18-Mar-2021 By Stuart Stone

Sky News has reported potential shareholder unrest at M&B while Carly Heath has been unveiled as Bristol’s first night-time economy adviser.

Property round-up

Camden Market's ‘first ever pub’, Young’s announces new openings

17-Mar-2021 By Stuart Stone

Following a four-month delay Camden Market's ‘first ever pub’ is poised to open, while pub operator Young’s has announced two new additions to its 200-strong estate.

Star tenants to pay full rent from June

15-Mar-2021 By Nikkie Thatcher

Star Pubs & Bars licensees on core leased and tenanted agreements in England will have to start paying rent in full from 21 June, following a period of discounted rates, the pubco has announced.

MA Survey

Tell us: how have the 12 months since Boris first closed pubs affected your business?

11-Mar-2021 By The Morning Advertiser

As we approach the anniversary of Prime Minister Boris Johnson calling last orders in pubs for the first time during the Covid-19 pandemic’s early throes, The Morning Advertiser has launched a survey to reflect on the past year.

Marston’s CEO Ralph Findlay to step down

11-Mar-2021 By Nikkie Thatcher

Boss of Marston’s Ralph Findlay will be stepping down from his role of CEO at the end of September, the company has announced.

Property round-up

Twickenham Green Taverns and Oakman grow estates, Barkby eyes pub expansion

10-Mar-2021 By Stuart Stone

In addition to updates on a host of refurbishment projects, this week’s round-up includes expansion news from Twickenham Green Taverns and Oakman.

International Women's Day 2021

Transforming a ‘temporary favour’ and disrespectful drinkers into a ‘dream come true’

08-Mar-2021 By Stuart Stone

Justine Lorriman of the Royal Dyche in Burnley, tells The Morning Advertiser (MA) how she turned taking on a pub with a ‘bad reputation’ in her early twenties into the best decision she ever made.

International Women's Day 2021

Rising stars: the next generation of women leading in the pub sector

08-Mar-2021 By The Morning Advertiser

To celebrate women across the on-trade and showcase the opportunities the next generation are grabbing with both hands, The Morning Advertiser has asked some of the most inspiring people in the sector to share their stories so far.

PCA outlines ‘blueprint’ to streamline tenant access to pubs code information

05-Mar-2021 By Stuart Stone

The office of the pubs code adjudicator (PCA) has published a new strategy for providing tied tenants the pubs code support in light of the findings of an operator survey.

Property round-up

Site closed every 48 minutes, pub applications almost double, £150m community ownership fund

03-Mar-2021 By Stuart Stone

While new research revealed that on average 30 licensed venues closed per day since December 2019, figures from FindMyPub.com found that pub applications almost doubled during 2020.

Nick Mackenzie: We are burning through £7m a week

02-Mar-2021 By MCA

Lockdown is costing each of Greene King's pubs on average £4,500 per week, which equates to £7m a week across its managed estate, CEO Nick Mackenzie has said.

Opinion

MRO process ‘better than it was’ but far from perfect

19-Feb-2021 By Fiona Dickie, pubs code adjudicator

The pubs code was introduced to ensure that tied tenants of the biggest pub companies get treated fairly and are no worse off than if they were free of tie.

Property round-up

Red Oak Taverns hits 190 sites, Revived Inns adds Sussex site

17-Feb-2021 By Stuart Stone

The latest property round-up includes new sites for Red Oak Taverns and Revived Inns, as well as updates on the City of London’s outdoor dining licence fee waiver and the lease forfeiture moratorium.

Opinion

Latest reports scapegoating pubs ‘arbitrary and unscientific’

17-Feb-2021 By Tim Tomlinson, the White Cross, Merchants 1688, Stonewell Tap, Lancaster, Lancashire

As we move nearer to the possibility of reopening, the debate about what restrictions hospitality venues would be placed under is already beginning.

Greene King ‘racist connotation’ pubs renamed

15-Feb-2021 By Nikkie Thatcher

More than 7,000 pubgoers have voted for new names at four Greene King pubs which had ‘racist connotations’.

Property round-up

New sites from BrewDog, Oakman, Elite Pubs and Red Mist

03-Feb-2021 By Stuart Stone

This week’s pub property news round-up includes updates from Elite Pubs, BrewDog, Oakman and Red Mist in addition to news of private equity interest in Marston’s.

Jobs round-up

New estate operations director at Timothy Taylor’s, Tim Martin sells further £50m in JDW shares

28-Jan-2021 By Stuart Stone

The latest round-up of jobs and people news from the pub sector includes JDW boss Tim Martin further reducing his company stake and an industry stalwart retiring after 45 years in the trade.

Publican Awards 2021

Who are the finalists at the 2021 Publican Awards?

26-Jan-2021 By Ed Bedington

The Publican Awards finalists have been revealed as the spotlight is turned on some of the best operations in the business.

Pub market recovery from 'seismic shock' will not be uniform

26-Jan-2021 By Stuart Stone

Christie & Co’s annual business outlook report forecasts that the pub market’s recovery from Covid-19 in 2021 will be ‘pretty quick’ but varied as one-in-three operators plan pub sales.

City Pub Group chiefs defer 25% of salary until pubs reopen

26-Jan-2021 By Stuart Stone

The operator of 48 pubs across southern England and Wales reported that revenue for the 52 weeks to 27 December plummeted from £60m to £25.7m – a 57% dive.

Big interview

'False dawn' pub reopenings would be absolutely catastrophic

26-Jan-2021 By Stuart Stone

Like everyone else in the on-trade, Stuart Bateman of Lincolnshire-based Batemans wants to see pubs open ‘as soon as possible’ – however the Salem Bridge brewer isn’t buying into the idea of a Government witch hunt.

Millions of pounds lost in unpaid rent

22-Jan-2021 By Nikkie Thatcher

At least £90m worth of rent has gone unpaid to pub companies due to the coronavirus pandemic over the past year.

Public lacks faith in Gov's support for pubs

20-Jan-2021 By Stuart Stone

New research shows the majority of Brits have lost confidence in the Government to support the ailing pub sector, and more than half back the appointment of a hospitality minister.

Analysis

What does the pub sector want from the 3 March Budget?

20-Jan-2021 By Stuart Stone

With more than a month to wait until further support is announced, The Morning Advertiser (MA) asked hospitality sector stakeholders to run through their fiscal wish lists ahead of the Chancellor's next Budget.

£2.7m rent dispute between Wellington and tenants

18-Jan-2021 By Nikkie Thatcher

Millions of pounds of rent owed to billionaire-owned pub group Wellington Pub Company from some of its tenants is currently in dispute, according to a survey.

Greene King renames pubs with ‘racist connotations’

15-Jan-2021 By Nikkie Thatcher

Pubco and brewer Greene King has announced it plans to relabel a number of pubs in its portfolio due to the existing names having racist connotations.

Supreme Court business interruption insurance ruling due on 15 January

13-Jan-2021 By Stuart Stone

The Supreme Court has revealed its ruling on whether insurers should pay out on business interruption claims relating to March’s coronavirus lockdown will be handed down this Friday (15 January).

PCA pens letter to tied tenants and ‘stops the clock’ on pubs code deadlines

13-Jan-2021 By Stuart Stone

Pubs code adjudicator (PCA) Fiona Dickie has approved a new declaration to ‘pause and preserve’ key rights during fresh lockdown restrictions and written to tied tenants in recognition of yet another ‘bitter blow’.

Property round-up

Pub lost every 20 hours, continued rent concessions pledged, £100,000 for ‘pop-up LGBT+ bar’

13-Jan-2021 By Stuart Stone

The first property round-up feature of 2021 includes an update on pub closures during the past 12 months, the latest on pubco rent concessions, and a recap of Fleurets’ Survey of Pub Prices 2020.

Chancellor ‘out of ideas’ after pledging no new support

12-Jan-2021 By Stuart Stone

Chancellor Rishi Sunak has stated that despite forecasts of further economic decline there will be no additional financial support for business hit by coronavirus restrictions before the Budget on 3 March.

One-in-four operators yet to receive grants from second lockdown

12-Jan-2021 By Stuart Stone

A Morning Advertiser (MA) survey has revealed that a quarter of pub operators (24%) who applied for grants during November’s lockdown are still awaiting funds – with many citing outstanding payments of more than £10,000.

Greene King extends rent concessions for tied tenants

11-Jan-2021 By Nikkie Thatcher

Greene King Pub Partners has extended its 90% rent concessions for tied tenants until the end of the third lockdown, the pubco has announced.

Star continues 90% rent reduction for L&T pubs

08-Jan-2021 By Nikkie Thatcher

Heineken pub arm Star Pubs & Bars has announced it is continuing its 90% rent reduction for lessees and tenants for January.

Pub rent review negotiations suspended until further notice

07-Jan-2021 By Stuart Stone

The Pub Governing Body (PGB) England and Wales and the Scottish Pub Governing Body have agreed to suspend rent reviews until further notice amid fresh lockdown restrictions.

Tell us: Has your pub been able to access Government grants?

07-Jan-2021 By Stuart Stone

Amid new lockdown measures and a freshly pledged £4.6bn fund to support shuttered businesses, The Morning Advertiser (MA) wants to hear from pub operators about their experiences of applying for Government grants.

How has 2020 changed people and pubs?

On-trade reflects on 'ultimate bombshells' and 'David versus Goliath' clashes in 2020

04-Jan-2021 By Stuart Stone

From a brewer who took on Hugo Boss to an operator who swapped the pub for the pulpit, The Morning Advertiser shared a selection of standout stories to close the book on a tumultuous 12 months for the on-trade.

How has 2020 changed people and pubs?

‘Some NHS staff were actually crying with relief that they could get rid of some stress over a drink’

02-Jan-2021 By Peter Collie, the Horseshoe Inn, London

Peter Collie of the Horseshoe Inn, near London Bridge, describes 2020 as a year he will look back upon and say ‘I was there’. Here he reflects on the past 12 months.

'I'm not sure if politicians understand what burning money looks like'

24-Dec-2020 By Stuart Stone

Despite the company exhibiting symptoms of the Covid-19 crisis such as dented profits and sounding off job loss warnings, Marston’s Ralph Findlay argued the operator exits 2020 in better shape than it entered.

How has 2020 changed people and pubs?

'Pubs are part of human existence and the Government has now forgotten about us'

24-Dec-2020 By Mark Crane, general manager at Grove Lock, Leighton Buzzard, Bedfordshire

Mark Crane of Grove Lock in Leighton Buzzard tells us that while 2020 began as a year full of hope and excitement he soon found himself deflated.

How has 2020 changed people and pubs?

GBPA winner swaps pints for the pulpit

23-Dec-2020 By Reverend Emily Kolltveit, St Mary‘s Church and the Chandos Arms, London

According to Great British Pub Award-winning operator turned ordained Anglican Deacon, Emily Kolltveit, 2020 has been ‘an extraordinary year of highs and lows’. Here she explains how she’s adapted to a new style of service.

Marston’s takes on SA Brain’s 156-strong pub stable

23-Dec-2020 By Stuart Stone

Pub company Marston’s has announced it will operate SA Brain’s portfolio of 156 pubs in Wales on a combination of leased and management contract arrangements, safeguarding 1,300 jobs.