Category Archives: Market rent Option (MRO) FAQ’s

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 »

Pub Advisory Service – Going Free of Tie

Pub Advisory Service  –  Going Free of Tie   PAS SUPPORT Dear Tied Tenants/Lessees The Pubs Advisory Service represents tied tenants/lessees and has been actively engaging with the Government for many years as stakeholders. The Business Energy & Industrial Strategy department, introduced in 2016 a Market Rent Only option, a Pubs Code and a low-cost… 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 »

M&C June Newsletter, MRO, Caveat Emptor and Latest on Leases.

M&C June Newsletter, MRO, Caveat Emptor and Latest on Leases. We are still all waiting with baited breath on the final pronouncement of the Statutory Pubs Code that is now well past the specific date set by Parliament for publication, namely 26th May 2016. Whilst it is appreciated that Government have every desire to ensure… Read More »

New Code of Practice for tied tenants will begin next month:

  New Code of Practice for tied tenants will begin next month: Download the pubs code regulation and fees information below. Pubs Code Regulation 2016 Pubs Code Fees 2016 Impact Assessment If you need help interpreting the code please email or call the office here . The government will introduce a new Code of Practice… Read More »

Government to introduce a market rent only (MRO) review option for tied tenants

The government is to introduce a market rent only (MRO) review option for tied tenants that can be triggered by “a significant impact on trade” alongside other key events such as lease renewal. Clarifying what it meant by a “significant impact on trade”, the government said: “This will arise where written analysis of the level… Read More »

The government is to introduce a market rent only (MRO) review option for tied tenants

The government is to introduce a market rent only (MRO) review option for tied tenants that can be triggered by “a significant impact on trade” alongside other key events such as lease renewal. Clarifying what it meant by a “significant impact on trade”, the government said: “This will arise where written analysis of the level… 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 »