Picture this. A beautiful pub in the country with restaurant and 6 letting rooms. A pub company that says it IS doing £179,000 per year on wet and they will charge £40,000 rent. Add to this food (Est by Brewery £45,000 minimum), and accommodation (Est by brewery £60,000) Not unreasonable for the lot! Then add £83,000 of improvements. [...]
The Industry has to change radically. Some ideas to think about, submitted to the MA Forum 17th June 09. Existing turnover has to be a key factor in any rental or freehold calculation, it is the pub’s or businesses market share at any time. To ignore it leads to a totally false valuation. Taking a new lease or tenancy. 1. [...]
Picture this. A beautiful pub in the country with restaurant and 6 letting rooms. A pub company that says it IS doing £179,000 per year on wet and they will charge £40,000 rent. Add to this food (Est by Brewery £45,000 minimum), and accommodation (Est by brewery £60,000) Not unreasonable for the lot! Then add £83,000 of improvements. [...]
The Website for everyone that is involved in every aspect of the licensed industry and the customers who use all these premises. Send us your funny stories, horror stories, good stories about pubs and pub owning companies and customer’s funny tales and we will give you a free listing for your pub, business and website.