Property Law

Marston's: £12m increase in costs next year

Marston's: £2m spent helping tenants

By Ewan Turney

Marston's tenants and lessees have received around £2m worth of help in the form of rent reductions, discounts and business building tools — but pubco warns it will see a £12m rise in costs next year.

Charity: leaseholds caused problems

How over-rented leased pubs took their toll on Cains

By The PMA Team

A copy of administrator PricewaterhouseCoopers' (PwC) information memorandum on Cains Beer Company reveals some compelling statistics on why the company failed at the start of August, says The PMA Team.

Globe: rent concessions up at Globe

Globe: rent concessions up, drinks down

By The PMA Team

The number of tenanted pubs within the 425-strong securitised Globe Pub Company receiving rent concessions has more than doubled to 30.

Witherspoon Holdings now has 12 pubs

New pub company expands to 12 sites

By The PMA Team

A new pub company is expanding in a number of geographic areas thanks to rock-bottom pub prices. Witherspoon Holdings, based in Hanley,...

The tie that binds

The tie that binds

It's understandable that many licensees see the tie as some malicious device invented by landlords to make their lives as painful as possible. But it...

Williams: Tenants better off with tie

Fit to be tied?

By Clive Williams

If the tie goes, the cake will simply have to be cut in a different way, says Clive Williams Dave Law's comments (Your Say, MA, 7 August 2008) on my...

Stuart Bateman: Partners should have ultimate trust in each other

Pioneering Batemans to scrap rent reviews

By The PMA Team

In an industry first, Lincolnshire brewer and retailer Batemans is offering to scrap rent reviews for existing and new tenants in an attempt to remove tenants' fear that they will be "punished" for trading success.

Alistair Darling: Mulling over stamp duty plans

Pubs forgotten in stamp-duty plan

By Paul Collins

The licensed property trade is being cold-shouldered by the Chancellor after he hinted at plans to suspend stamp-duty charges in the residential sector.

Empty property rates could lead to pubs being knocked down

Empty property tax outcry

By Paul Collins

The response to the campaign against empty property tax has been "phenomenal", with licensees among those showing their opposition. That's according...

Black Horse: Good buy for Charles Wells

Charles Wells adds pub 243 to estate

By Ewan Turney

Charles Wells has acquired the Black Horse in Swaffham Bulbeck, Cambridgeshire from a private seller. The destination food outlet, which will now...

JDW wants a meaningful correction on prices

JDW asks for 30% drop in freehold prices

By The PMA Team & Tony Halstead

JD Wetherspoon (JDW) has been asking vendors of freehold property to drop their prices by up to 30% as it looks for a "meaningful correction" on prices in commercial property values.

What's the use?

What's the use?

There is no escaping the fact that there are a growing number of pubs being converted to alternative use. There are however a lot of misconceptions...

Focus on funding

Focus on funding

The current downturn in the UK economy is impacting the growth plans of companies large and small, which makes choosing the right funding package to...

Reversing decline: MPs and trade leaders want tax relief

Empty property tax relief support

By Paul Collins

MPs and trade leaders have added their support to the British Property Federation's (BPF) campaign for reversal of empty property tax.

Quality offer: menu features cheesburgers and lamb burgers

Grand Union to expand

By The PMA Team

Grand Union, a company that has opened four eponymous pubs in London focused on a quality burger offer, is looking to double in size in the next 18...

Griffiths wants rate relief

Punch calls for rural rate relief

By Paul Collins

Punch Taverns says it is focusing on small and rural pubs in attempts to get reductions on business rates. These pubs have been hit hardest by the...

Surge in rent arbitrations

Surge in rent arbitrations

By John Harrington john.harrington@william-reed.co.u

The number of rent arbitrations undertaken by large managed operators has surged due to the down- beat economic climate, particularly the high-street...

Pick of the pubs

Pick of the pubs

Overlooking the rolling hills of the Cheshire countryside, the Ryles Arms is only three miles from Macclesfield and is a favourite among walkers....

Empty pubs now have to pay full rates

Empty business rates campaign hots up

By Ewan Turney

The British Property Federation (BPF) has stepped up its campaign against charging full rates on empty premises, which came into force on 1 April....

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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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