Category Archives: Rent Reviews

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 »

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 »

Competent Operator as defined in Pub Co rental valuations.

Competent Operator as defined in Pub Co rental valuations. (From the Archives) The definition of Competent Operator in rental valuations has been ignored for years by all Pub Co’s in rental valuations as an historical term. Nobody would define it and it was totally ignored in all previous enquiries into the problems in the licensed… 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: info@morganandclarke.co.uk Phone: 01285 719292 www.morganandclarke.co.uk 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 »

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 »

Have Enterprise thrown all their Toys out of the Pram over the Market Rent Option?

Have Enterprise thrown all their Toys out of the Pram over the Market Rent Option? Rachel and Andrew Burke of the Cross Keys, Knutsford, Cheshire – that they have been dealt a severe blow in respect of the assignment of their leasehold interest.   After the rent review was settled, it was always Rachel and Andrew’s… 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 »