“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 Law of Unintended Consequences Essential reading should you consider a Pub Co Tied Lease. MORGAN & CLARKE NEWSLETTER NO. 26 Email: info@morganandclarke.co.uk Phone: 01285 719292 www.morganandclarke.co.uk (Also at: London, Cardiff, Matlock, Braunton, Lewes) The Law of Unintended Consequences has always been something that is easily overlooked, not least because far-reaching legislation is introduced with… Read More »
The Pub Code Adjudicator (PCA), Pub Co’s and would be Publicans. One of the biggest problems in the Pub Co Tied Lease Sector is that you have two factions in todays world, you have Pub Co’s and all their supportive companies and so called specialists, the other faction are the lessees, who have very few… Read More »
Pub Co Tied Leases or a TAW, Questions that you need to Ask and Answers that you need to know before you start spending money. (Part 1) All these questions you need positive answers to, in writing, from… 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 »
Pub Co, Licensees Horror Stories 1 (Barrel Dregs) Please note, access to this site is totally free if you would like to subscribe (No Charge) on www.buyingapub.com, they are free to be read for your guidance and aimed to help you get through a time of considerable pressure and demand. Barrel-Dregs has been run for… Read More »
Shares at Punch climb almost 40% following takeover bids: Shares at Punch have climbed almost 40% after it confirmed it had received two takeover bids. The company’s share price increased 48.5p to 177.00p on Wednesday afternoon (14 December) from the start of trading – up by 37.74%. It confirmed earlier in the day it had… Read More »
Pub Leases or Tenancies, Serious thoughts (Barrel-Dregs) Thinking outside the Box (Updated) The misconception by the majority of people not involved in the licensed industry is that it is a pretty straightforward business with cash flow, profitability and capital growth. The old brewery tenancies were just that, you had a trip round the brewery, someone… Read More »