UK Pub Tenancies: Running a Pub as a Business For the First Time

Tenanted pubs tend to be the smaller and older community pubs in suburbs, estates or villages. Taking a pub tenancy is viewed as a low-cost route to running a pub for the first time. Its an ideal way to set up in business as a pub because in many cases the start-up costs are limited to covering a bond and for the fixtures and fittings and stock at valuation when taking over. Also in many cases pub tenants live on the premises.

Tenants pay rent , which is regularly reviewed, to the property landlord and are tied to buy beers and usually other products (such as ciders, wines and spirits) from the property landlord. Depending on the style of contract, they may be responsible for the maintenance of the property debut in most traditional pub tenancies, this remains the property landlord’s responsibility.

.

via paramount-investments.co.uk

Posted via email from UK Pubs For Sale And Development