Organise your own sale instead of lease surrender, says Morgan & Clarke
Lessees looking to surrender their lease have been advised to enter into a new 15-year agreement with their pub company, and then immediately organise a sale on the open market.
Archives for July 9, 2013
It's time for some facts when it comes to the beer tie
Andrew Delahunty, managing director of DLHY Pub Company, argues that the simple use of a calculator shows why tenants should be given a free-of-tie option as part of any new statutory code of practice.
Councils urge Government to 'move quickly' over locally-set licence fees
Councils have urged the Government to move quickly to let local authorities set their own licence fee levels for pubs, clubs and shops, saying that current rates are leaving them £1.5m short each month.
Newcastle reveals discount plan for late-night levy pubs
Pubs and clubs subject to Newcastle’s proposed late-night levy (LNL) will receive a 30% discount if they sign up to a best-practice scheme currently being set up by the council.
Star reveals pub disposal plans
Star Pubs & Bars hopes to dispose of 50 sites this year and could look at significant acquisitions once the “uncertainty” around the proposed statutory code for the sector is lifted, trading director Chris Jowsey has said.
Ex-Sarumdale directors secure tenancies on two pubs
Former directors of Sarumdale, the Sussex-based pub company placed in administration last summer, have returned to the industry by securing tenancies on two pubs under new ventures R&M Inns and J&A Taverns.
Keltek plans Cornish estate of 20 pubs
Keltek Cornish Brewery, the Cornwall-based brewer, plans to build an estate of 20 tenanted pubs over the next 10 years after spending £1.6m buying and renovating four sites, founder Stuart Heath has told M&C Report.
More food businesses displaying hygiene stickers
More food businesses scoring highly for hygiene standards are displaying their rating for consumers.