Category Archives: Assigning a Commercial Lease

Independent and managed pubs are driving the sector, (Barrel-dregs)

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 »

Why take a short Commercial Pub Co Lease with all the legal entailments?

Why take a short Commercial Pub Co Lease with all the legal entailments? It’s a funny old world, the major Pub Co’s are now offering five year leases as the answer to the would be lessee’s needs. It does of cause screw up any security that longer leases had within the current commercial leasing world,… Read More »

Another Reason to avoid taking a Pub Co Tied Lease. “Barrel-dregs”.

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 »

More people are reading the articles about avoiding Pub Co Tied Leases. (Barrel-dregs)

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 »

Assigning a Pub/Commercial Lease and the Pitfalls, Authorised Guarantee Agreement (AGA)

Assigning a Pub/Commercial Lease and the Pitfalls, Part 1 Authorised Guarantee Agreement (AGA) Introduction:- Most people, when they decide to take the plunge and become Self Employed in a Retail Business, end up taking a Commercial Lease, unless they have enough money to buy a Freehold. By Retail, this includes licensed, catering, accommodation, dry goods,… Read More »

Assigning a Pub/Commercial Lease and the Pitfalls, Part 3,

Assigning a Pub/Commercial Lease and the Pitfalls, Part 3, other issues. The Pub Co’s created another problem, if there were cash flow problems and the rent was not paid, the whole family would be evicted in a very short space of time because it’s a commercial property, whereas domestic accommodation is totally different, it can… Read More »

Assigning a Pub/Commercial Lease and the Pitfalls, Part 2, Dilapidations

Assigning a Pub/Commercial Lease and the Pitfalls, Part 2 Dilapidations With the advent of the Pub Co’s and tied leases, a new problem entered the industry on a large scale, previously Brewers had short term tenancies with limited responsibilities and the tenant was not responsible for repairs and structural faults, only painting and decorating, the… Read More »