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Pub-Companies

This tag is associated with 9 posts

BDM’s Change of Heart

I was at a trade show recently where one of the larger Pub Co’s had a stand, not wishing to get involved in any sort of mild verbal difference of opinion, I tried to slide past only to be caught by a BDM who I consider to be among the worst that I have met. [...]

Parliamentary Select Committee enquiry into Pub Co’s

If you would like to view the transcript of the Select Committee Hearings follow the link, it makes very interesting reading. The BBPA did their masters bidding and made pretence of endorsing the Pub Co model. The ALMR represented by Nick Bish gave an honest opinion about the state of the industry and the activities of [...]

Prior to the Select Committee Hearing

An interesting piece of information has just been passed to me, the person who chaired the RICS Valuation Committee that established the present method of rent valuation for pubs, which I and a number of others including members of the RICS consider to be seriously in question, has stood aside and let another member face [...]

A Hopeful Change In The Pub Co’s

It would appear that there has been a change in the number of people scrambling for pub leases, whether it is caused by the slowing of credit etc or the publice have become more aware. My information, if correct, is that for every viable lease the pub co’s have six plus applicants and can pick [...]

Rent Valuations by Pub Co’s, BDM’s

Having studied the so called method of rent assessment used by the Pub Co’s. Firstly all rents are supposedly worked out by Valuers and BDM’s on the future sustainable earnings potential by a competent operator or an alternative method of operation??? Valuers, at least qualified valuers in the main have never run a pub and would [...]

Beware of Pub Co’s Bearing Gifts

A small brewer was taken over by one of the major Pub Co’s who sold on all the pubs that they did not want to a number of smaller Pub Co’s. I received a call from a lessee who had been there for about seven years, he had been invalided out of the Navy and [...]

Rent Review Meeting

One of my informed readers had two meetings with senior negotiators from two different Pub Co’s to discuss rent assessment.  Both were particularly unaccommodating at separate meetings. Both were informed that their companies had produced Codes of Practice for the BII, neither had the slightest idea what was actually in the Codes of Practice, the [...]

New Year Cheer.

I have had a number of phone calls and emails from lessees over the last two weeks, whose businesses are struggling, desperately seeking advice, all being threatened with eviction or foreclosure. The majority are long term, experienced licensees, some too proud to mention that they have been and are now at serious risk of losing [...]

Published in the Financial Times 9.8.08

Beer today may be gone tomorrow as lethal cocktail hits pub trade By Pan Kwan Yuk Published: August 9 2008 03:00 | Last updated: August 9 2008 03:00 When Gary Higginbotham and his wife Sandra took over The Old Fox pub in Bricket Wood, Hertfordshire, a year ago, they never thought they would end up knee-deep in debt [...]