tag:blogger.com,1999:blog-8285162121291357473.post5448233622438441020..comments2024-03-03T19:52:17.901+00:00Comments on ReARM ~ RedNev's Blog: Two cheers - Liverpool's Roscoe Head savedNeville Grundyhttp://www.blogger.com/profile/10923209266005338452noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-8285162121291357473.post-16955260308816249122015-09-01T11:39:29.399+01:002015-09-01T11:39:29.399+01:00I was a bit nervous 'cos I think they're b...I was a bit nervous 'cos I think they're building an Enourmous student halls / prison / cardboard box just behind the Roscoe.<br /><br />May even be good for the pub - bit more trade, but I'm sure 'corner shop full of pizza and vodka' would also do good business.bornagainsthttps://www.blogger.com/profile/06776517414202117663noreply@blogger.comtag:blogger.com,1999:blog-8285162121291357473.post-28113146223327439942015-08-31T18:13:37.344+01:002015-08-31T18:13:37.344+01:00You're right about the location: it isn't ...You're right about the location: it isn't on a road that people would walk down unless they had specific business there. There'd be very little passing trade.Neville Grundyhttps://www.blogger.com/profile/10923209266005338452noreply@blogger.comtag:blogger.com,1999:blog-8285162121291357473.post-59302456636543936002015-08-31T17:20:52.185+01:002015-08-31T17:20:52.185+01:00According to this page, the MRO doesn't actual...According to <a href="http://howtorunapub.co.uk/market-rent-option-mro/" rel="nofollow">this page</a>, the MRO doesn't actually come into operation until May next year.<br /><br />While obviously the sale of this pub does give cause for concern, I think there was a bit of an overreaction, with people suggesting that the landlady would be out on her ear within weeks and the pub then converted to a convenience store. <br /><br />In a back street just off the city centre, it's not really a suitable location for a convenience store and there's plenty of time to apply for an ACV, look into listed building status and clarify New River's intentions.Curmudgeonhttps://www.blogger.com/profile/02558747878308766840noreply@blogger.comtag:blogger.com,1999:blog-8285162121291357473.post-89732292535474602792015-08-31T14:24:55.717+01:002015-08-31T14:24:55.717+01:00Thanks for your clarifications; I wasn't aware...Thanks for your clarifications; I wasn't aware of most of that. As for having no rights and not being given first refusal, I was quoting Carol. Neville Grundyhttps://www.blogger.com/profile/10923209266005338452noreply@blogger.comtag:blogger.com,1999:blog-8285162121291357473.post-81427045109323096402015-08-31T14:01:43.503+01:002015-08-31T14:01:43.503+01:00PS. When you say she "has no rights" it ...PS. When you say she "has no rights" it just isn't true. She has all the rights in her lease and in statute accruing to a leaseholder. She doesn't have the right to first refusal to buy her freehold. To grant that to all sitting lessees of pubco-owned pubs would require a legislative change which, I would submit, would end up being a disaster for the British pub industry and would, perversely, result in us having far less beer choice in pubs. Look at Ireland where pubs are almost all owner-operated, and the big breweries rule because they bankroll them in exchange for exclusive supply contracts.Stonchhttps://www.blogger.com/profile/07001578598975666535noreply@blogger.comtag:blogger.com,1999:blog-8285162121291357473.post-63105536929427074182015-08-31T13:58:59.865+01:002015-08-31T13:58:59.865+01:00One of the triggers for Market Rent Option being a...One of the triggers for Market Rent Option being available at lessee request is a sale of the freehold. So this licensee can demand it from New River immediately when the sale from Punch goes through. I'm surprised the journalist at the MA who took quotes from her didn't tell her this. She is not stuck in the tie - on the contrary she now has the opportunity to be free. However the market rent needs to be agreed and the starting offer from New River might not be to her liking and she may prefer to stick with the lower risk tied option if she believes going free of tie won't grow her business (it probably won't as I'd imagine a pub with such a well established reputation is already maxed out in terms of potential volume).Stonchhttps://www.blogger.com/profile/07001578598975666535noreply@blogger.com