“The Common Sense Guide to Buying a Pub, Bistro, Licensed Premises.” The Common Sense Guide to Buying a Pub is now available to purchase as an ebook through www.smashwords.com. for $5.99 or UK equivalent approximately £4.30, depending on the exchange rate. In addition you can read some the book by clicking on the Link below,… Read More »
The Pub Code Adjudicator (PCA) and Tied Pub Co Leases/Tenancies, Barrel Dregs. It’s a funny old world, after four Government Inquiries into Pub Co Activity, the Government brought in New Legislation to stop the questionable Major Pub Co’s activities, all technically legal, but morally unacceptable to decent people. They appointed a highly qualified Pub Code… Read More »
Government Business Rates Enquiry The Government would appear to be making some sort of enquiry into Small Business Rates. It has always been an issue that has been used as a cash cow by successive Governments, without considering the hardship created to small businesses. Inland Revenue Valuation Department are the people responsible for dictating and… Read More »
email:- info@buyingapub.com The Rent and Rates screw up and the people who achieved this for all small businesses. Worth Reading and understanding. Another from the Archives, updated. This article was written many years ago and sadly is still relevant. The problems of vacant over rented and over rated shops in town centres, whilst big Supermarkets… Read More »
Would you buy a Pub Co Tied Lease or a TAW? Not Likely, Read On. (Updated) One of the biggest problems in the Pub Co Tied Lease Sector is that you have two factions in the Industry, you have Pub Co’s and all their supportive companies and so called specialists, the other faction are the… Read More »
Report from the Morning Advertiser Independent and managed pubs are driving the sector Well, well, well! The major Pub Co’s would appear to have lost the plot, this report confirms what the majority of the thinking members of the industry have realised for many years. Free of Tie and Managed Houses are the only pubs… Read More »
Inland Revenue and Rates, (Barrel-dregs) I have had a number of discussions with the Inland Revenue Valuation Service, most have been successful apart from one, which the Valuer that I spoke to refused to meet me and discuss the problem and said his decision was final. The other Valuers were far higher up the pay… Read More »
Rent Valuations by Pub Co’s, BDM’s at Rent Reviews and some other questionable activities. Having studied the so called method of rent assessment used by the Pub Co’s for Rent Reviews. Firstly all rents are supposedly worked out by Valuers and BDM’s on the future sustainable earnings potential by a competent operator/reasonably efficient operator (REO)… Read More »
The rental levels set by the RICS are for a Competent Operator (CO) or Reasonably Efficient Operator (REO). The RICS do not, nor ever have run pubs and very few Chartered Surveyors have ever dirtied their hands with such hard work. The Valuation Committee consisted of members whose main income is derived from perpetuating these… Read More »
MORGAN & CLARKE AUGUST 2016 NEWSLETTER NO. 54 Pigeon House, The Broadway, Oakridge Lynch, Stroud, Glos. GL6 7NU Email: info@morganandclarke.co.uk Phone: 01285 719292 and 01285 760370 www.morganandclarke.co.uk (Also at: London, Cardiff, Braunton, Lewes) Pub Co’s offering 5 year Leases? Some Guidance in this questionable move. It has certainly been a hectic couple of weeks since… Read More »