CHAIRBOY
21-03-2009, 21:43
Does this company have a suicide death wish, taking their landlords down with them? Nothing short of a disgrace!
http://www.thestar.co.uk/news/We-can39t-survive-say-angry.5092709.jp
Between Enterprise Inns & Punch Taverns they have single handedly killed the pub industry. Walk through any town or city in the UK and look at the for sale // to let boards, these guys have raped and pillaged licensees under laws that should never be allowed to happen under current legistation. Hopefully in the oncoming months, Fair Pint will hound our MPs sufficently to stop the beer tie.....if it continues, forget your local pub...they will be extinct :(
http://apps.facebook.com/causes/74309?m=6d54c0aa&recruiter_id=43930981
Sadly I fear the Enterprise/Punch buisness model is flawed and the result is landlords and customers sufering.
I often find their pubs "shaby" and un-inviting as there appears to be little incentive to spend money on them which in the longer term means customers move away.
Jimmy1977
23-03-2009, 18:54
That rubbish about absorbing rental increases makes me chuckle, the brewery is taking out of it's rear end. There are so many pubs for lease at the minute rents must be declining, it's simply supply and demand. Over supply of empty pubs for lease means declining rents to get people in, sounds like an excuse to wring more money out of their tenants and the public.
goldenfleece
23-03-2009, 18:57
'They are higher than wholesalers but we do not charge market rents' say Enterprise ..JOKE....
eckingtonboy
23-03-2009, 20:05
'They are higher than wholesalers but we do not charge market rents' say Enterprise ..JOKE....
Agree with you. Trouble is many people are to blinkered to the problems with enterprise before they depart with lots of ££££.
I've heard they tend to lure tenant landlords in with very reasonable rents then as soon as the pub starts doing well wack the rent up.
The beer is marked up by a silly amount, but landlords should know this when they take the pub on.
eckingtonboy
23-03-2009, 20:29
I've heard they tend to lure tenant landlords in with very reasonable rents then as soon as the pub starts doing well wack the rent up.
The beer is marked up by a silly amount, but landlords should know this when they take the pub on.
Some people are far to stupid to be allowed to run pubs.
"£124.70 for an 11-gallon keg" - too expensive...
Ghostrider
31-03-2009, 13:29
I've heard they tend to lure tenant landlords in with very reasonable rents then as soon as the pub starts doing well wack the rent up.
The beer is marked up by a silly amount, but landlords should know this when they take the pub on.Thats not a rumour, thats very, very true.
I have been in the trade for over 20 years and have seen it happen time and time again..
goldenfleece
31-03-2009, 14:17
Well the Govt is due to review pub Company monopolies again later this year, so hopefully an end will be put once and for all to the extortionate and unfair practices of pub companies. I have heard it say many times than under latest European Law pub companies cannot enforce 'beer ties' on any of their customers at all, but who knows if this is really the case..
best advice to anyone looking for a pub, wait it out as many will become freehold as pub companies are folding left right and centre and disposing of all their real estate to pay their crippling debts.......The major players, Punch, Enterprise, Mitchell and Butler, and others like Trust, Globe, et al, are all in debt to the staggering tune of BILLIONS combined..and I do mean BILLIONS there...it is the end of pub companies as we know it for sure.....but the RE_BIRTH of the good old British Pub as we USED to know it, I am sure....
even Weatherspoons, believe it or not, are in trouble, facing a rising £450 million debt with closures imminent
I agree with what you say goldenfleece and I do hope your right about the re-birth of the good old British pub. The problem is, with the way unemployment is heading, will there be the people there to go in them and spend money?
I also think supermarkets are to blame with the buy three cases of lager for £16 offers, this along with X box and playstation, people having their mates over. Staying in is becoming the new going out. Hope I'm proved to be wrong.