Obligations to Landlord:

The tenant is expected to reside at the premises unless otherwise agreed with the Landlord, the premises should be kept in reasonable decorative order internally, which may include light maintenance and may include minor repairs, externally the premises including gardens should be kept clean and tidy, all major repairs to the structure and fabric of the building are the responsibility of the Landlords. The tenant should observe all legal requirements with regard to the operation of Public House premises thus safeguarding the Licence. The tenant will be obliged to purchase certain nominated beers/wines/spirits/minerals through the Landlord the term full tie would apply to these details, other details would indicate partial tie whereby the tie for wines/spirits/minerals would not apply or may be under review.

Agreements:

Tenancy agreements range from tempory tenancies with options or 12 monthly (renewable, sometimes referred to as rollover tenancies) to 3/5/8 year term renewable, you may be offered the opportunity of taking the lease on the premises (only with certain styles of agreements), should you wish to vacate the premises at any time throughout the agreement an appropriate period of notice will be required by the Landlords who will market the premises through their normal letting facilities and approved agencies, this letting procedure does not apply to assignable Leases. Should you be unsure of the implications of agreements, please seek appropriate legal advise.

Rents:

Fair commercial rents are set against public house premises, in the main these are calculated by the landlord and are based on the historical trading of the premises, future potential may also be considered in circumstances where the landlord with the co-operation of the tenant , is about to further develop the premises with the resultant expected improvement in trade, rents are normally index linked and adjusted annually, the rent is normally reviewed at the renewal of the agreement, rents are not automatically increased at this time as trading circumstances are also considered, within the agreements certain arbitration procedures can be applied should the parties fail to agree what is considered to be a fair rent, this procedure is rarely adopted but is available in extreme cases of disagreement.

The Profits:

The profits of the outlet are entirely yours as are the costs of running the business (these costs are normally tax deductible). As you operate on a self employed basis your profits are dependant on the prices you charge for your sales which is under your control although of course local competition would need to be considered.

Viewing:

Whilst there is no reason for you not to tactfully approach the existing licensee and arrange a viewing of the private accommodation at the premises, this procedure tends to be restricted (in most instances by the Licensee and the Area Manager) to those applicants who have been notified of an interview with the Area Manager, however on all occasions be discreet as the existing public house clientele may be unaware of the forthcoming Change of Tenancy

PLEASE READ THE APPLICANT PROFILE // REQUIREMENTS OF LANDLORD AND FURTHER PROCEDURES AS DETAILED ON THIS SITE. PRIOR TO REQUESTING APPLICATION FORMS AND SUPPORTIVE MATERIAL.