Category Archives: Buying a Pub or Restaurant

Raising finance from the Vendor

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

This Web Site is For Sale, if you are interested. The chief Scribe would like to retire email:- info@buyingapub.com Another Reason to avoid taking a Pub Co Tied Lease or a TAW. The major Pub Co’s have taken a good working system of a Tied Tenancy, that had worked for years, was user friendly and… Read More »

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

This Web Site is For Sale, if you are interested. The chief Scribe would like to retire email:- info@buyingapub.com Even more people are reading the articles about avoiding Pub Co Tied Leases or TAW’s at this moment of time. (Barrel-dregs) The fault lies with the Pub Co’s, they are trying to find legal ways not… Read More »

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

This Web Site is For Sale, if you are interested. The chief Scribe would like to retire email:- info@buyingapub.com 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),… Read More »

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

This Web Site is For Sale, if you are interested. The chief Scribe would like to retire email:- info@buyingapub.com 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… 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 »

Questions with Answers on taking a Tied Tenancy

This Web Site is For Sale, if you are interested. The chief Scribe would like to retire email:- info@buyingapub.com Questions with Answers before you take a Tied Tenancy (Part 2) This Second Copy is for reference, we would suggest that you keep this copy with you in any meeting with the Pub Co/Landlord/Brewer or his… Read More »

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

This Web Site is For Sale, if you are interested. The chief Scribe would like to retire email:- info@buyingapub.com 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… 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 »

Energy Performance Certificates and M.E.E.S.

If you would like to Advertise with us, please click on the following:- Link   Energy Performance Certificates and  M.E.E.S. This is important reading for any existing lessee/tenant or may be considering assigning their lease and anyone thinking about taking a lease or tenancy. This is a hot topic, broadly based around energy efficiency and… 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 »