Much debate still rages in relation to stocking requirements within a Market Rent Only (‘MRO’) agreement. Firstly this issue only applies to the Pub Owning Businesses (‘POBs’) that brew their own products, such as Heineken (Star Pubs & Bars), Greene King and Marston’s. All three brewers as above propose quite different levels of stocking requirements [...]
One of the most contentious issues relating to a MRO proposal remains whether the agreement should be settled by a new lease or Deed of Variation (DOV). From day 1 the Pub Owning Business’ (“POB”) have insisted that, given the complexities, a new lease is the most appropriate mechanism. However, in many of their own [...]
A recent survey carried out by the PCA involving 388 tied pub tenants has revealed that they remain unaware of the rights they are afforded by the Pubs Code. Most worryingly, according to the survey, only 36% knew they have a right to request a Market Rent Only (MRO) agreement to potentially go free of [...]
