Our agreements
Our Agreements
There are five types of agreements available when starting a pub business with Ei Publican Partnerships.
- Shorter agreements for a fixed term of 5 years which are contracted out of the Landlord and Tenant Act 1954
- Ei Publican Partnerships is responsible for all repairs to the exterior structure and services
- Rent is subject to annual indexation by reference to the Retail Price Index
- Option to be free of tie on wines, spirits, minerals, packaged lager and packaged cider via tie release fees
Beacon Retail Partnership Tenancy
- Competitive local retail prices and guaranteed gross profit margins
- Ei Publican Partnerships will redecorate and refurbish the property
- You will receive ongoing marketing and retail standards assistance
- Greater levels of support for you and your business
- You will operate on an initial Tenancy At Will agreement for up to 12 weeks. You can then change to a fixed term tenancy of 5 years.
Commercial Lease (Free of Tie)
- Option at selected sites to negotiate a lease that's free of tie for 10 or 20 years
- Fully protected under Landlord and Tenant Act 1954, with the right to renew
- You have full responsibility for repairs
- Rent is subject to annual indexation to RPI
- Assignment of an existing agreement from a current Ei Publican Partnerships
- All the benefits and obligations of the agreement are transferred
- Direct transaction between you and the current publican
- Comprehensive Assignee Pack available to guide you through the process
- A longer term agreement available for experienced pub business operators
- The term will be for 10 years and is not protected by Part II of the Landlord & Tenant Act 1954
- Opportunity to obtain an incentive payment at year 10, based on sales growth
- Rent, including VAT is paid weekly in advance by Direct Debit
- Opportunity to assign the lease after two years
- A longer term agreement available for experienced pub business operators
- The term will be for 10 years and is not protected by Part II of the Landlord & Tenant Act 1954
- Accompanied by an investment deed where support works are to be undertaken to the property by us, in consultation with yourself
- Rent, including VAT is paid weekly in advance by Direct Debit
- Opportunity to assign the lease after two years
For more information on all of our agreement types, visit www.runyourpub.com