Another Reason to avoid taking a Pub Co Tied Lease or a TAW. The major Pub Co’s have taken a good working system of a Tied Tenancy, that had worked for years, was user friendly and changed it for a Commercial Tied Lease. We’re not saying don’t take a Pub Co Tied Lease, just avoid… Read More »
Even more people are reading the articles about avoiding Pub Co Tied Leases or TAW’s at this moment of time. (Barrel-dregs) The fault lies with the Pub Co’s, they are trying to find legal ways not to comply with the New Legislation. The New Legislation was brought in to try and make the industry fairer… Read More »
BII & UKHospitality respond to PCA anonymity waiver The British Institute of Innkeeping (BII) and UKHospitality have responded to the announcement that pub companies subject to the Pubs Code have offered to waive anonymity in arbitration decisions. Mike Clist, BII Chief Executive said: “We welcome the decision of the six pub companies that have… Read More »
MRO and the “PUBS CODE ADJUDICATOR”????? PUBS CODE ADJUDICATOR This has been a litany of bureaucracy, frustration and, at times, mind-numbing procedural delays. It would seem that even the Business, Energy & Industrial Strategy Committee has now lost patience with Paul Newby, the Pubs Code Adjudicator. The Clerk to the BEISSC, Chris Shaw, has confirmed… Read More »
Taking a Pub Tied Lease or a TAW, with clauses that can only end in Tears, (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… 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 »
Pub Advisory Service – Going Free of Tie PAS SUPPORT Dear Tied Tenants/Lessees The Pubs Advisory Service represents tied tenants/lessees and has been actively engaging with the Government for many years as stakeholders. The Business Energy & Industrial Strategy department, introduced in 2016 a Market Rent Only option, a Pubs Code and a low-cost… Read More »
Barrel-Dregs. My sources in the Pub Co world tell me that certain Pub Co’s may well have “Hit the Wall of Reality” and things are not happy in the individual Camps, are well it had to happen at some stage, you can’t keep milking a cow after the udders are dry, my farmer friend has… 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 »