Category Archives: Rent Appeals

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 »

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 »

Inland Revenue and Rates, (Barrel-dregs)

  Inland Revenue and Rates, (Barrel-dregs) I have had a number of discussions with the Inland Revenue Valuation Service, most have been successful apart from one, which the Valuer that I spoke to refused to meet me and discuss the problem and said his decision was final. The other Valuers were far higher up the… Read More »

Fleurets, have they finally Lost the Plot? Barrel-Dregs

Fleurets, have they finally Lost the Plot? Another from the Archives, updated. A funny Old World, you have an image of a national company as being totally honest, correct, above reproach, then something happens and you wonder what actually goes on behind the façade. I have always owned freehouses and the odd bit of commercial property,… 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 »

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 »

Pub Co’s offering 5 year Leases? Some Guidance in this questionable move.

MORGAN & CLARKE AUGUST 2016 NEWSLETTER NO. 54 Pigeon House, The Broadway, Oakridge Lynch, Stroud, Glos. GL6 7NU Email: info@morganandclarke.co.uk Phone: 01285 719292 and 01285 760370 www.morganandclarke.co.uk (Also at: London, Cardiff, Braunton, Lewes) Pub Co’s offering 5 year Leases? Some Guidance in this questionable move. It has certainly been a hectic couple of weeks since… Read More »

MORGAN & CLARKE FEBRUARY 2015 NEWSLETTER NO. 40, latest Property News

                      MORGAN & CLARKE  FEBRUARY 2015 NEWSLETTER NO. 40, latest Property News Did you know that Britain now has more breweries per head of population than any other country in the world, including New Zealand, America and Germany, with a brewery for every 50,000 people?  This is as a result of the knock-on effect of… Read More »

VOA clarifies rates for licensed trade, HM Revenue & Customs

Information about how pubs, bars and other licensed premises are valued for non-domestic rates has been published by the Valuation Office Agency (VOA). According to the VOA, this involves collecting details of rent, trading levels, and the premises’ location, type and services, and using this information to establish a ‘fair maintainable trade’ (FMT) value. FMT… Read More »