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The Lease
Lease Term
Five years and, in England, the lease term is Landlord & Tenant Act protected.
Rent Review Period
1. Open market reviews every five years
PLUS
2. Annual increases, in line with the retail price index.
1. Open market reviews every five years
PLUS
2. Annual increases, in line with the retail price index.
Repairs & Decoration
The Lessee is responsible for all repairs and must redecorate the interior and exterior every three years and during the last year of the lease term.
The Lessee is responsible for all repairs and must redecorate the interior and exterior every three years and during the last year of the lease term.
Tie
The Lease is taken up on a full tie basis for draught and packaged beers, lagers and stouts, alcopops, premium packaged spirits, ciders and soft drinks.
The Lease is taken up on a full tie basis for draught and packaged beers, lagers and stouts, alcopops, premium packaged spirits, ciders and soft drinks.
Discounts
Lessees receive up to £125 per barrel off invoice on all tied products, from barrel one.
Lessees receive up to £125 per barrel off invoice on all tied products, from barrel one.