What is the PAS?
The Pubs Advisory Service (PAS) was set up in the wake of the Government response to the Business Innovation and Skills Committee Pubco report of 2011 (BISCOM) It was noted that people entering the Licensed Trade (especially those taking pubs from pubco’s) need detailed independent advice on a wide range of issues and that any such pre-entry advice would help with the due diligence required to take on a pub and thrive. We...
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Licensing
How Does It Work what does it mean for those running a licensed premises? “A lot of problems in relation to a premises licence arise because Licensees and their staff simply do not know enough about the licence that they hold.” Sarah Clover – Barrister The Licensing Act 2003 – In 2005, the whole legal regime for licensing law changed. After hundreds of years of the “Licensing Justices”, the system for...
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Lease Interpretation
In order to run a pub you will no doubt enter into an agreement with the brewery or pub owner. This agreement is called a lease or tenancy, if its the first time you’ve ever seen one how will you know if it will help or hinder your intended success. Tenancies and Leases are commercial arrangements whereby a Pub Business, including the building and curtilage, is let to a party, whether it be an individual, partnership...
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Risk, Reward & Consi...
In order to get the very best start from the pub you are looking at you will need an agreed set of facts, this would usually be the pub advert, figures on cash flow, break evens and gross profit (gp’s). It should also cover (where offered) promises of work to be done, such as redecoration’s or replacing cellar cooling equipment, advertising materials from the pubco and promotional literature perhaps from a...
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Employment Law & Pub...
Employment law There have been a number of successful Employment Tribunal claims against pubs in recent years. Many of these claims could have been avoided if the correct procedures were in place. All too often licensee find that if they had certain practices in place then the claim against them would have been unsuccessful. • Written employment contracts. If there is no written contract it does not mean there is no...
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Due Diligence
Nobody wants unpleasant surprises and if you are to protect against this it takes work. It’s about asking the right questions, historically that’s why its done by experts. Many people buying a pub will do the due diligence themselves, this is usually because the money involved doesn’t warrant the expense of professional advisers as the trade is seen by many as a relatively simple one. Should you take on this...
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Rent Setting
What should ordinarily be a straight forward, decision-making process, ends up by being one of the most easily manipulated to anyone not fully informed or aware. The establishment of ‘open market rental value’ is a straight forward issue of calculation reliant upon honesty, experience and skill. However, all too often the rent is dictated by the Freeholder or Landlord on a ‘take it or leave it’ basis. ...
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Sales and Marketing
There are many books on the subject, but one thing is for sure, you need something to work towards, a clear direction of where you’re heading. A plan must be constantly reviewed and should never be cast in stone, this is one of the biggest issues holding many businesses back. Simply put, if you don’t know where you are going and or have no plan to get there you don’t have a business….! Having the...
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