The Reason why we set up “Barrel-Dregs” I originally set up www.buyingapub.com, when I was working for the BII as Consultant looking after Membership in various Regions in the Southern half of the UK. At the time the BII was a respected body in the industry. I was horrified and totally fed up with meeting… Read More »
What Security do you have with a Pub Co Tied Commercial Lease or a TAW with Domestic Accommodation? The answer is very little, if you breach certain terms within your Commercial Lease. The Domestic Accommodation may be rated as domestic, but in virtually all cases it falls within the clauses of a Commercial Lease. With rented… Read More »
A sorry tale from a genuine Pub Co TAW/Lease. My profuse apologies, but my thoughts regarding a TAW with a Pub Co was an intro to running a pub, it would appear that they are now calling their short term leases a Tenant at Will, TAW. Those that take them would appear to be jumping… Read More »
How close have some Pub Co’s been to a Ponzi Scheme??? I have just returned from a trip to the USA, part business and part pleasure. The Wall Street Journal was supplied free everywhere that I stayed, for those that have never read it, I consider it to be one of the best papers in… Read More »
“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 »
Fair Maintainable Trade (FMT), Comparables, Reasonably Efficient Operator (REO), Competent Operator. FMT (Fair Maintainable Trade) and REO (Reasonably Efficient Operator) as still used by some though undefined, Competent Operator. FMT that obscenely used title for making wildly speculative estimations of a businesses future business, to ensure that the rental levels confirm the freehold investment values to… Read More »
Please click on the Link in Blue below for the MA’s view. Greene King drops PCA judicial review proceedings 15-Oct-2018 By Nicholas Robinson Apologies for not being able to print the whole story, the MA don’t like other people printing them, but it is worth a read. Until the Pub Co’s start working and… 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 »
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 »