Category Archives: Editors Comments

Pub Co Tied Leases, Questions that you need to Ask and Answers that you need to know. (Part 1)

  Pub Co Tied Leases, Questions that you need to Ask and Answers that you need to know before you start spending money. (Part 1) All these questions you need positive answers to, in writing, from your Pub Co/Landlord before  you consult a Solicitor/Commercial Lawyer or seriously consider taking a Tied Lease and start paying… Read More »

Numbers of licensed premises down 2.5% in last year, 8 licensed premises closed every day.

  Numbers of licensed premises down 2.5% in last year Latest Market Growth Monitor from CGA and AlixPartners highlights ongoing pub closures and mounting challenges in the casual dining sector Britain has 3,116 fewer restaurants, pubs, bars and other licensed premises than 12 months ago, according to the latest edition of the Market Growth Monitor, from… Read More »

Why you should not take a Pub Co Tied Lease, at this moment of time? Barrel-Dregs.

Barrel Dregs Why you should not take a major Pub Co Tied Lease, at this moment of time? The Pub Co’s  would appear to be objecting to various issues within the New Legislation, the situation has in many peoples eyes become unworkable, especially for the Lessees, existing and future in respect of the Market Rent… Read More »

Taking a Pub Lease with clauses that can only end in Tears, (Barrel Dregs)

 Taking a Pub Lease with clauses that can only end in Tears, (Barrel Dregs) Please note, access to this site is totally free if you would like to subscribe (No Charge) on www.buyingapub.com, they are free to be read for your guidance and aimed to help you get through a time of considerable pressure and… Read More »

Assigning a Pub/Commercial Lease and the Pitfalls, Authorised Guarantee Agreement (AGA)

Assigning a Pub/Commercial Lease and the Pitfalls, Part 1 Authorised Guarantee Agreement (AGA) Introduction:- Most people, when they decide to take the plunge and become Self Employed in a Retail Business, end up taking a Commercial Lease, unless they have enough money to buy a Freehold. By Retail, this includes licensed, catering, accommodation, dry goods,… Read More »

Essential Questions and Answers before you take a Commercial Lease

  Essential Questions and Answers before you take a Commercial Lease All these questions you need positive answers to, in writing, from your Landlord before  you consult a Solicitor/Commercial Lawyer or consider taking a Commercial Lease. In our opinion these Q.A’s. should be part of a Commercial Agents Property Details and would save a lot… Read More »

Rent Valuations by Pub Co’s, BDM’s at Rent Reviews and some other questionable activities. (Barrel Dregs)

Rent Valuations by Pub Co’s, BDM’s at Rent Reviews and some other questionable activities. Having studied the so called method of rent assessment used by the Pub Co’s for Rent Reviews. Firstly all rents are supposedly worked out by Valuers and BDM’s on the future sustainable earnings potential by a competent operator/reasonably efficient operator (REO)… Read More »

FMT and REO (Fair Maintainable Trade, Resonably Efficient Operator)

FMT and REO (Fair Maintainable Trade, Reasonably Efficient Operator) (From the Archives) An interesting article in the Morning Advertiser from my old colleague Phil Dixon about FMT (Fair Maintainable Trade) and REO  (Reasonably Efficient Operator) or still used by some though undefined, Competent Operator. FMT that obscenely used title for making wildly speculative estimations of a… Read More »

Always have everything in writing (Barrel Dregs)

Always have everything in writing (Barrel Dregs) Please note, access to this site is totally free if you would like to subscribe (No Charge) on www.buyingapub.com, they are free to be read for your guidance and aimed to help you get through a time of considerable pressure and demand. Barrel-Dregs has been run for many… Read More »