Vagaries of this months Licensed Property Well, what a summer that was! A good solid spell of better-than-average sunshine and genuine warmth to rival the sunspots of the North Mediterranean. The debate, of course, continues to rage over climate-change with a very mixed bag of future forecasting for subsequent summers. Put in the context of… Read More »
The Vagaries of Arbitration, and the need for a switched-on Stocktaker and Surveyor acting for you. Arbitration should be a logical resolution to any dispute, sadly with rental disputes it would appear not, from a recent case. It is assumed that the Arbitrator is totally knowledgeable on all aspects of the subject in… Read More »
Pub Rent and Leases sharp practice??? MORGAN & CLARKE MAY 2012 NEWSLETTER NO. 6 Pigeon House, The Broadway, Oakridge Lynch, Stroud, Glos. GL6 7NU Email: info@morganandclarke.co.uk Phone: 01285 719292 www.morganandclarke.co.uk (Also at: London, Cardiff, Matlock, Braunton, Lewes) Technology can be a wondrous and sometimes dangerous thing if not fully understood and controlled. Whilst it… Read More »
Rent Reviews Do not ignore your pending Rent Review, get a free “Strength of Case Review” now, even if the review is not due for two years. We are all aware that a very large number of pub owning companies have taken on board the so called Pub Co Model to a greater or lesser degree, as a… Read More »
Pub Co’s and RICS Guidelines on Pub Rents An interesting tale of possible duplicity by our much loved favourite Pub Co, Titannic Inns. A very simple and all too regular occurance of rent negotiation, normally conducted by the BRM, BDM or whatever fanciful title these pillars of the Pub Co rise to. There is obviously… Read More »
My apologies for running this article again with some amendments, following a request by people involved in identifying discrepancies in the system, it has also been put on the MA Forum. The RICS are well aware that the industry has been infected with many abuses of their system and by the use of comparables this… Read More »
Rent and Rating Tips I have just had a lengthy meeting with a lessee who wants to take his rent review to the Pubs Independent Rent Review Scheme (PIRRS) which came into force in October 09. It is well worth referring to this article for guidance if you are considering taking your review to PIRRS.… Read More »
I was asked to view a pub and assess the Fair Maintainable Trade for a possible Rent Review. I have banged the drum constantly that the business is finite and not infinite and that creating new business under normal circumstances is very difficult, taking business from another pub is creating new business for the developing… Read More »