This agreement has been created to make community pubs more profitable which will ensure community drinks led pubs will be around for a long time to come!

We've made it so you know exactly what you have to pay each week and you pay in line with how you are trading from month to month. This is a great benefit as your rent is not fixed.

The Tracker Agreement is available on selected wet pubs which rent at £15k pa or less and the pubs which qualify for this agreement are pubs which are community based with a strong drinks offer.

Key Features of the Volume Tracker agreement:

• Rent is determined by the number of barrels sold
• Rent is capped when 200 barrels is achieved
• Rent will never be more than £15,000 pa
• Deposit required is dependant on the pub*
• Wines, Spirits & Minerals offered at competitive prices
• 100% of Machine and Food Income Retained
• Low maintenance/repair obligation
• Minimal capital required**
• Assistance with Accountant/Stock taker cost

This is an ideal agreement to assist and help you in the early stages of building your business. We understand that this is a critical time and the agreement's purpose is to reduce your set up costs and flex the rent in line with your business turnover.

The most revolutionary element of the Volume Tracker Agreement is that the rent you pay is flexible, (not a fixed cost) helping you to build your business. Depending on how well your business is trading, you pay rent dependant on the number of beer barrels you order.

Once you have reached 200 barrels per year, the rent is then capped. It's a great incentive for you to build your business because as you develop and build your business, you pay no further rent, which assists you in maintaining your fixed costs.

Example:

• 1 barrel = 36 gallons = 288 pints of beer.
• Maximum rent is £15,000 which equals 200 barrels per year @ £75 per barrel.
• This equates to 3.8 barrels per week.

Say you were to increase your business to 6 barrels per week (312 per year) then your rent would remain at £15,000k which equates to £48 per barrel.

It is a 3 year tenancy agreement with break options of 3, 12 & 24 months which enables you to give notice if the business isn't working for you.

You must agree to sell our drinks - beers, lagers, ciders, wines, spirits, ready mixed drinks, alcopops and soft drinks. In return we will provide you with a discount per barrel and attractive wines, spirits and mineral pricing. The choice of food you want to serve is yours and so are the profits, together with all income from any gaming machines; pool table; juke box etc.

We are responsible for the pub's structure, roof and its covering, joists, outside doors, outside decoration, windows (but not the glass) and car park. We insure the structure of the building for you under the service charge.

You must look after the interior by maintaining it in a clean and tidy condition - including decorating at least once every 3 years - central heating, electrical wiring, plumbing and drainage, guttering and rainwater pipes. You must keep gardens and grounds clean and tidy and maintain outbuildings so that they are not unsightly and are protected against wind and rain. Public liability, business interruption and contents insurance must be taken out by you.

We will help by setting up a decorating fund for you to contribute to. This will build (with interest) to a fund from which only you can draw to pay the cost of decorating and related repairs that you have carried out.

Please note:

• * Discussed upon application
• ** We are unable to progress your application unless you have minimum capital of at least £5,000

For more information call Business Opportunities on 0844848 3236

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