Transitioning to Market Rent Only (MRO) Leases in Scotland

 

With the introduction of the Scottish Pubs Code Regulations 2024, pub tenants in Scotland now have similar rights to those in England and Wales, allowing them to transition from tied agreements to Market Rent Only (MRO) leases. At MDEPC, we specialise in guiding pub tenants through this process, ensuring a smooth transition and empowering you to take control of your business.

 

Our Expertise

Since the implementation of the Pubs Code in 2016, we have successfully assisted over 200 pub tenants in England and Wales to transition to MRO leases. Our extensive experience and deep understanding of the Pubs Code regulations make us the ideal partner for pub tenants in Scotland looking to leverage the new Scottish Pubs Code.

 

Why Choose MDEPC?

  • Proven Track Record: Over 200 successful transitions in England and Wales.
  • Expert Knowledge: In-depth understanding of the Pubs Code and Scottish Pubs Code Regulations.
  • Personalised Service: Tailored advice and support to meet your unique needs.
  • End-to-End Support: Comprehensive assistance from initial consultation to final lease agreement.

 

Understanding the Scottish Pubs Code Regulations 2024

The Scottish Pubs Code Regulations 2024 come into force on 7 October 2024 and provide pub tenants in Scotland with the right to request a Market Rent Only (MRO) lease. This new legislation ensures greater fairness and flexibility for tenants, allowing you to:

  • Pay Market Rent: Avoid product and service ties imposed by pub-owning businesses.
  • Source Independently: Gain the freedom to source products and services independently.
  • Enhance Profitability: Improve your business’s profitability by negotiating fairer lease terms.

 

Eligibility Criteria for MRO Leases

To request an MRO lease under the Scottish Pubs Code, you must meet certain eligibility criteria:

  • Your lease term must be more than one year.
  • More than half of the lease term must have passed.
  • You must not have requested an MRO lease within the past two years.
  • Neither party should have served a notice to end the lease.
  • The investment exception does not apply.

 

Our Services

At MDE Pub Consultants, we offer a comprehensive range of services to support you through the transition process:

  1. Initial Consultation: Assess your current lease and determine your eligibility for an MRO lease.
  2. MRO Lease Request: Guide you through the process of submitting a written request for an MRO lease.
  3. Negotiation Support: Assist in negotiating the terms of the MRO lease with your pub-owning business.
  4. Rent Assessment: Help appoint a rent assessor if an agreement on rent cannot be reached.
  5. Final Agreement: Ensure all legalities are covered and support you in finalising the MRO lease agreement.

 

Contact us

Ready to take control of your pub’s future? Contact us today to schedule a consultation and start your journey towards an MRO lease.

Email us: info@mdepc.co.uk
Call us: 01707 830217

Empower your business with the rights and flexibility afforded by the Scottish Pubs Code. Let MDE Pub Consultants be your trusted partner in navigating this new regulatory landscape.