Category Archives: Editors Comments

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 »

RICS and the definition of Competent Operator

The rental levels set by the RICS are for a Competent Operator (CO) or Reasonably Efficient Operator (REO). The RICS do not, nor ever have run pubs and very few Chartered Surveyors have ever dirtied their hands with such hard work. The Valuation Committee consisted of members whose main income is derived from perpetuating these… Read More »

False Pub Accounts (Barrel Dregs), a tale for the unwary business buyer

False Pub Accounts (Barrel Dregs), a tale for the unwary business buyer 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… Read More »

Pub Co, Licensees Horror Stories 4 (Barrel Dregs)

  Pub Co, Licensees Horror Stories 4 (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… Read More »

Assigning a Pub/Commercial Lease and the Pitfalls, Part 3,

Assigning a Pub/Commercial Lease and the Pitfalls, Part 3, other issues. The Pub Co’s created another problem, if there were cash flow problems and the rent was not paid, the whole family would be evicted in a very short space of time because it’s a commercial property, whereas domestic accommodation is totally different, it can… Read More »

Hospitality industry responds to PHE’s Calorie Reduction report

  Hospitality industry responds to PHE’s Calorie Reduction report The UK’s leading hospitality trade body, UKHospitality, today warned Public Health England (PHE) not to overburden hospitality businesses as it unveiled its Calorie Reduction report. The report unveiled new evidence surrounding childhood and adult obesity as well as further measures to combat the problem, including a… Read More »

JG&Partners, Latest Licensing News

Latest Licensing News Revocation of Personal Licence/Immigration Posted: 28 Feb 2018 06:00 AM PST Slough Borough Council Licensing Su- Committee revoked a Personal Licence flowing from the Review of a Premises Licence heard before Hillingdon Borough Council. In June 2017 a multi-agency operation took place with the Metropolitan Police, HMRC and Immigration Officers under Section 179… Read More »