Ways to Enter the Trade

Pre-Entry Awarness 

If you are considering a pub lease or tenancy then the BII'S Pre-Entry Awareness Training (PEAT) will give you the necessary knowledge to evaluate the agreement which you are seeking to enter. PEAT is designed to ensure that you fully understand the implications of the pub tenancy or lease which you are considering signing. It will give you an awareness of the tied pub model as well as provide information on business plans, the different types of agreements available, rental calculations, the legal consequences of breach of agreement and much more. It is a generic insight into the pub model and as such does not cover specific agreements. It is most important when considering a tenancy/lease agreement you fully understand our agreements.

The programme costs £20 + VAT and will take on average 2 hours to complete. To access the PEAT online learning site follow this link. http://elearning.bii.org/estore/.

You will need to demonstrate that you have completed the PEAT course before we are able to offer you an agreement for a tenancy or lease..

Leased & Tenanted

The person or company who owns the pub lets it on a commercial lease or tenancy to a person or business that then runs it. The owner makes money by charging a rent to use the pub, as well as receiving an income from selling certain goods or services, often including a share of the profit from any machines. In many cases, the person who is running the pub must buy certain products from the pub owner to sell to the public.

The person who is running the pub can run that business as they see fit, as long as they meet the terms of their lease agreement. This gives you freedom, encourages you to be creative, and allows you to run your own pub.

The length of the agreement can vary, depending on the company who owns the property.

We Have a Number of Packages to Meet Different Needs;

These range from a fully supported share of turnover package through to the fully independent. Read on to find out more about the agreements we offer

Other Ways to Enter the Trade

Managed

The pub will be owned by a company which has final say in all aspects of running the business.

Everyone who works in the pub will be either the manager or an employee, and will be paid a salary or wage in return for their work. Many managed pubs have a fixed style of trading and you will be expected to work to this style.

For you, there is the certainty of receiving a salary. However, you lose the ability to make major decisions which affect what direction the business is going in.

Find out more about running a managed pubs at Marston's Inns and Taverns (link opens in a new window)

Free House

You will own the property and will be able to do whatever you want with the business. You can buy products and services from anyone - so you can get some good deals from suppliers looking for your custom.

While this option offers you a great amount of freedom, you will need a lot of savings to enter the trade in this way. It is normally the most expensive way, and the riskiest.

Call 0800 5870773 for more information.

Free-Of-Tie Lease

As with the leased and tenanted model, you will rent the pub from the owner. However, you will be charged a rent based on the value of the business without being tied into buying supplies. This rent will generally be considerably higher than rents through the tenanted and leased route. In return you will be able to buy goods and services from any suppliers, as with the free house model.

Call 0800 5870773 for more information.

Remember Though - We're Here to Help!

Don't worry if you are unsure which way is right for you. You can contact us for advice or perhaps arrange to meet us at one of our Marston's Open Days