SHORT TERM TENANCY AT WILL
Our Tenancy at Will (TAW) is a short term agreement which can be terminated by any party at short notice and is often used to enable you to move into the pub and start operating the business whilst a longer term agreement is being finalised. It also gives you the chance to “try before you buy,” helping you to determine if the pub is the right fit for you.
KEY FEATURES:
- One supplier for all beer, cider, wines, spirits and soft drinks
- Fully Tied
- Drinks pricing is agreed with rent
- Reduced repair and maintenance obligations.
- Terminable on short notice
FIXED-TERM TENANCY: OUR STANDARD PUB AGREEMENTS
We believe in the L&T model as it is a low start-up cost whilst giving you the freedom to set your pub’s offer, and you are never on your own, with the support and backing of a company that acts as your sounding board to success. You can manage your risk by having the option to break the agreement at any time with six months’ notice.* It is contracted out of the Landlord & Tenant Act 1954, meaning that it will come to an end after five years.
KEY FEATURES:
- Five-year fixed term.
- Rent is fixed for the term.
- One supplier for all beer, cider, wines, spirits and soft drinks.
- Fully Tied with flexibility provided through Tie Release Fees.
- Pricing and discounts are agreed with rent.
- Reduced repair and maintenance obligations.
- We can terminate the agreement on six months’ notice if there are significant rent arrears or tie breaches.
- You can terminate the agreement on six months’ notice.
