Property Law

EPCs are still causing confusion

EPCs: costly and complex for pubs

By Gemma McKenna

Licensees are still confused over Energy Performance Certificates (EPCs) and are unwilling to pay for them in the difficult trading environment.

Bullfinch: sold by Geronimo to McMullen's

Geronimo sells Bullfinch to McMullen's

By Ewan Turney

Hertfordshire brewer and operator McMullen's has acquired the Bullfinch in Sevenoaks, Kent from Geronimo Inns for an undisclosed sum. Food-led...

Clarke: lager 40p cheaper at managed pubs

Leased pubs: value gap passed tipping point

By The PMA Team

Mitchells & Butlers boss Tim Clarke has claimed the on-trade drinks market has passed a "tipping point" in the value gap between managed and tenanted operators.

Ex-Spirit pub freeholds up for sale

Ex-Spirit freeholds to go for auction

By Gemma McKenna

British Land will attempt to sell the freeholds of a further 10 Spirit pubs at a public auction on 11 February. The firm hopes to raise between...

Manager of the year: Nick Hayman

St Austell determined to keep pubs open

By John Harrington

St Austell Brewery boss James Staughton says he's "determined" not to let the Cornish company's pubs close as recession hits. He told 280 tenants,...

Marston's: own beer prise rises held until autumn

Marston's: profits down 6% at leased pubs

By Ewan Turney

Like-for-like profits at Marston's tenanted and leased pubs slumped 6% on last year for the 15 weeks to 17 January — but brewer and operator is helping tenants by absorbing wholesale beer price rises.

Ramsay: selling two sites including pub

Gordon Ramsay to sell Chiswick pub

By Martyn Leek, M&C Report

Gordon Ramsay Holdings (GRH), the restaurant company owned by the high-profile chef, has instructed agents to sell its Enterprise leased pub.

Fair Pint: pubs are safe if under a lease

Fair Pint: pubs safe if pubco goes under

By Ewan Turney

The Fair Pint campaign has re-assured tied lessees that they won't lose their pubs if their pubco goes in to administration. As the economic climate...

Government code could increase closures

Pub crisis: 39 close every week

By Ewan Turney

Pubs are now closing at the rate of six every day and more will follow if the Government presses ahead with plans for a mandatory code on alcohol...

Luff: make rate relief automatic

MP wants automatic rate relief for pubs

By Ewan Turney

Tory MP Peter Luff is to table a private members bill, which would automatically grant small businesses rate relief. Luff, well-known in the pub...

Average pub value fell 11.69%

Pub values down 11.69%

By Ewan Turney

The average value of a pub plummeted by 11.69% in 2008 as the sector struggled to cope with an onslaught of regulation and the economic downturn,...

Thwaites: new deal for tenants

Thwaites starts new deal

By Tony Halstead

Regional brewer and pub operator Daniel Thwaites has launched a new tenancy agreement aimed at giving its licensees new essential tools to trade in a...

Marston's: new offers being trialled

Marston's offers to help struggling tenants

By Andrew Pring

Marston's is trialling a range of ground-breaking business-support initiatives with its tenants and lessees to help them through the downturn. Among...

Steve and Nicky Wragg: Pub School

Wadworth sets up Pub School for new tenants

By Ewan Turney

Wiltshire-based brewer Wadworth has launched a Pub School for new tenants at its flagship pub — the Green Dragon in Market Lavington. Potential...

Bank of England has cut rates

Interest rates cut to 2%

By Ewan Turney

The Bank of England has cut interest rates by a further 1% to 2% — its lowest since 1951. The historic move is designed to spark growth in the...

Morgan: favours tribunal system

'Rent reviews stacked against tenants'

By Ewan Turney

A tribunal system funded by Government or a fixed cost expert referral scheme run by the BII were two solutions suggested to help tenants get a...

Crisis point: many councils say small firms are struggling

Councils: offer pubs rates breaks

By Gemma McKenna

Council bosses have called for greater powers to give business-rates "breaks" to struggling small firms. This comes in the wake of a new Local...

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Property of the week

Trust Nightclub - Friars Gate, Warrington

£ 150,000 - To Let

Friars Gate, WarringtonLocated in the Heart of the Town Centre Nightclub Circuit6AM Licence on Friday & SaturdayClose Proximity to UniversitySeparate Floors AvailablePotential to Split Subject...

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