Category Archives: Rent Reviews (Commercial)

Pub Co, Licensees Horror Stories 1 (Barrel Dregs

Pub Co, Licensees Horror Stories 1 (Barrel Dregs) A sorry story I just hope that if any Pub Co Boss or Employee reads these terrible stories, they feel some degree of remorse. I just wish that they were not true, but they are and they won’t stop coming in.  I am currently struggling with a… Read More »

Shares at Punch climb almost 40% following takeover bids

Shares at Punch climb almost 40% following takeover bids: Shares at Punch have climbed almost 40% after it confirmed it had received two takeover bids. The company’s share price increased 48.5p to 177.00p on Wednesday afternoon (14 December) from the start of trading – up by 37.74%. It confirmed earlier in the day it had… Read More »

Pub Leases or Tenancies, Serious thoughts (Barrel-Dregs 277)

Pub Leases or Tenancies, Serious thoughts (Barrel-Dregs) Thinking outside the Box (Updated) The misconception by the majority of people not involved in the licensed industry is that it is a pretty straightforward business with cash flow, profitability and capital growth. The old brewery tenancies were just that, you had a trip round the brewery, someone… Read More »

M&C Newsletter, the Vagaries of Pub Rent Negotiation

MORGAN & CLARKE DECEMBER 2015 NEWSLETTER NO. 49 Pigeon House, The Broadway, Oakridge Lynch, Stroud, Glos. GL6 7NU Email: Phone: 01285 719292 The Vagaries of Rent Negotiation (Also at: London, Cardiff, Braunton, Lewes) Fully back in harness, the New Year beckons with great anticipation, not least in respect of the establishment of the… Read More »

M&C July News letter, well worth reading on the vagaries of leases.

There is nothing worse than an air of uncertainty and planning ahead for both summer trade and for the formality of lease renewal is currently still anybody’s guess. Whilst it is hoped for the much-heralded ‘barbecue summer’, it is always a risk as to the certainty that it will actually happen. Gearing up for the… 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 »

Business Rates and the Inland Revenue

Business Rates and the Inland Revenue Having crossed swords with the Inland Revenue Rating Valuation Officers face to face on a number of occasions, regarding my various pubs Rating Valuations with some degree of success. In the early days with very little knowledge of rating and a good knowledge of pub viability, whereas the Valuer had… Read More »

Pub Co and Developers Dirty Tricks Department

Pub Co and Developers Dirty Tricks Department There is nothing legally wrong with a Pubco selling the freehold of a supply-tie leased pub to anyone that they choose.   Although there is a moral implication, there is no legal obligation that the freehold should first be offered to the lessee in occupation.   This understandably money-return based corporate… Read More »