Category Archives: Buying a Pub or Restaurant

Raising finance from the Vendor

Independent and managed pubs are driving the sector, (Barrel-dregs)

Report from the Morning Advertiser Independent and managed pubs are driving the sector Well, well, well! The major Pub Co’s would appear to have lost the plot, this report confirms what the majority of the thinking members of the industry have realised for many years. Free of Tie and Managed Houses are the only pubs… Read More »

Why take a short Commercial Pub Co Lease with all the legal entailments?

Why take a short Commercial Pub Co Lease with all the legal entailments? It’s a funny old world, the major Pub Co’s are now offering five year leases as the answer to the would be lessee’s needs. It does of cause screw up any security that longer leases had within the current commercial leasing world,… Read More »

Another Reason to avoid taking a Pub Co Tied Lease. “Barrel-dregs”.

Another Reason to avoid taking a Pub Co Tied Lease. The major Pub Co’s have taken a good working system of a Tied Tenancy, that had worked for years, was user friendly and changed it for a Commercial Tied Lease. We’re not saying don’t take a Pub Co Tied Lease, just avoid it for the… Read More »

More people are reading the articles about avoiding Pub Co Tied Leases. (Barrel-dregs)

  Even more people are reading the articles about avoiding Pub Co Tied Leases at this moment of time. (Barrel-dregs) The fault lies with the Pub Co’s, they are trying to find legal ways not to comply with the New Legislation. The New Legislation was brought in to try and make the industry fairer for… Read More »

Would you buy a Pub Co Tied Lease? Not Likely, Read On. (Barrel Dregs)

  Would you buy a Pub Co Tied Lease? Not Likely, Read On. (Barrel Dregs) One of the biggest problems in the Pub Co Tied Lease Sector is that you have two factions in the Industry, you have Pub Co’s and all their supportive companies and so called specialists, the other faction are the lessees,… Read More »

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 »

Pub Co’s, Pub Code Adjudicator (PCA), New Legislation and Reasonableness, “Barrel-Dregs”

  Pub Co’s, Pub Code Adjudicator (PCA), New Legislation and Reasonableness, “Barrel-Dregs” A note from my learned colleague Potboy (Midlands), the foxy Pub Co’s would appear to have outwitted the poor old lamb, Pub Code Adjudicator (PCA), on would you believe, reasonableness. I can’t even think of a time that a member of a Pub… 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 »

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

  Tied Tenancy, Questions that you need to Ask and Answers that you need to know. (Part 1) All these questions you need positive answers to in writing from your Landlord or Brewer before you take a Tied Tenancy or you consult a Solicitor/Commercial Lawyer. In our opinion these Q.A’s. should be part of a… Read More »