Category Archives: Assigning or handing back a Lease

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 »

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 »

Assigning a Pub/Commercial Lease and the Pitfalls, Part 2, Dilapidations

Assigning a Pub/Commercial Lease and the Pitfalls, Part 2 Dilapidations With the advent of the Pub Co’s and tied leases, a new problem entered the industry on a large scale, previously Brewers had short term tenancies with limited responsibilities and the tenant was not responsible for repairs and structural faults, only painting and decorating, the… 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 »

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 »

HMRC and the shortfall on Cask Ale. (Barrel-Dregs)

HMRC and the shortfall on Cask Ale. (Barrel-Dregs) This does not just apply to Lessees and Tenants, Managers may well find they face the same problem. To advise the HMRC Excise Team. Who are looking into the failure of the cask ale supply chain to notify publicans as to the correct amount of duty that… Read More »

Pub Co takes back your Lease for it’s own use, what happens? Barrel-Dregs

Pub Co takes back your Lease for it’s own use, what happens? Supposing your faithful Pub Co BDM comes waltzing in grinning from ear to ear, saying that your lease renewal will only be for five years, because the Pub Co want the property for their own use, to turn it into a Managed House.… Read More »