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Thinking positive...when are you hoping to go out on your boat again?


Philip

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18 minutes ago, Mike Todd said:

It is the tenant that gets the Rate Relief . . . 

If it is a registered business and the Business Rates are Zero and subject to the existing Small Business Rate Relief scheme, then the business automatically gets the £10,000 (or £25,000 depending on size) grant.

 

As a small business we got the £10,000 directly from our Local Authority. We simply confirmed our rating number and Registered company number.

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On 27/04/2020 at 10:58, mrsmelly said:

Many tennants will not recover from this. Many tenancies live hand to mouth even in good times, a good tennancy will probably make a come back. Free house ownership will depend entirely on the circumstance of each pub, for example if fully owned or not. The big managed houses owned by breweries will survive, some pub cos will go under which may not be a bad thing as some are awful to work for.

There are lessons to be learned by some of the breweries/pub co's., a prime example is Tim Martin (Wetherspoons) who could not lay the staff off fast enough, along with not paying his bills to suppliers.

 

Having said that there are some shining lights who should be fully supported when pubs reopen. One of the better examples is Frederick Robinson Brewers in Stockport who have furloughed two thirds of their staff on the closure of pubs, the remaining staff carrying on brewing for their packaging plant supplying all their off sales trade. They have also cancelled all rents to tenants until the tenanted pubs reopen (notice - cancelled not frozen), freezing repayments of loans and interest charges to all tenants along with the promise to replace any products passed their sell by date free of charge. They have also paid all their suppliers in full at the end of March and will continue as time goes on.

Edited by jam
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6 minutes ago, jam said:

There are lessons to be learned by some of the breweries/pub co's., a prime example is Tim Martin (Wetherspoons) who could not lay the staff off fast enough, along with not paying his bills to suppliers.

 

Having said that there are some shining lights who should be fully supported when pubs reopen. One of the better examples is Frederick Robinson Brewers in Stockport who have furloughed two thirds of their staff on the closure of pubs, the remaining staff carrying on brewing for their packaging plant supplying all their off sales trade. They have also cancelled all rents to tenants until the tenanted pubs reopen (notice - cancelled not frozen), freezing repayments of loans and interest charges to all tenants along with the promise to replace any products passed their sell by date free of charge. They have also paid all their suppliers in full at the end of March and will continue as time goes on.

Yes the better Brewers and pub cos have looked after their staff. My lad runs a big pub and the brewery has furloughed all his staff even part timers, non have been laid of. I never use Wetherspoons, they have always been a last resort for me, I dont like his business model or his attitude and being years in the pub and catering trade know full well he doesnt look after his staff. My sister sold her freehouse about five years ago and we were talking about this only yesterday and she is so chuffed she doesnt own it anymore, she owned hers completely but peeps with a mortgage will be in the babba big time. The problems will arise if the government allow them to reopen but with limitations on how they operate and numbers etc. That would mean the govnmt is off the hook and doesnt have to pay their wages but unless running fully the vast majority of pubs, cafes, etc will not survive and will be non profitable. So they need to be closed by government fully or opened fully, anything inbetween will be the end.

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