Having studied the so called method of rent assessment used by the Pub Co’s.
Firstly all rents are supposedly worked out by Valuers and BDM’s on the future sustainable earnings potential by a competent operator or an alternative method of operation??? Valuers, at least qualified valuers in the main have never run a pub and would [...]
A small brewer was taken over by one of the major Pub Co’s who sold on all the pubs that they did not want to a number of smaller Pub Co’s. I received a call from a lessee who had been there for about seven years, he had been invalided out of the Navy and [...]
One of my informed readers had two meetings with senior negotiators from two different Pub Co’s to discuss rent assessment. Both were particularly unaccommodating at separate meetings. Both were informed that their companies had produced Codes of Practice for the BII, neither had the slightest idea what was actually in the Codes of Practice, the [...]