Enterprise Inns offers 2 main forms of agreement for new retailers:
Retail Partnership Agreement (RPA)
This is a substantive lease agreement available in terms of 5, 10, 15 or 20 years. There is an option to extend up to a maximum of 20 years at anytime. It is a protected business agreement with security of tenure where there are statutory rights to renew at the end of the contractual term. It is normally tied for all beer, cider, FABs, wines, spirits and minerals. Discounts schemes on tied products are available. Consent is required in relation to gaming machines subject to a share arrangement with an approved gaming machines supplier. The Retailer is responsible for all non structural repairs. Rent is subject to annual indexation by reference to RPI and a five yearly open market rent review, which can move the rent upwards or downwards. After an initial 2 year period the agreement is assignable subject to obtaining the consent of Enterprise Inns.
View the specimen agreement and Heads of Terms both as PDF documents.
Retail Partnership Tenancy (RPT)
This is a shorter form of agreement available for lets of between 1 and 5 years. It is excluded from any security of tenure and expires on its contractual expiry date. It is normally tied for all beer, cider, FABs, wines, spirits and minerals. Discounts schemes on tied products are available. Consent is required in relation to gaming machines subject to a share arrangement with an approved gaming machines supplier. The Retailer is responsible for day to day maintenance. Rent is subject to annual indexation by reference to RPI. The agreement is non assignable.
View the specimen agreement and Heads of Terms both as PDF documents.
Agreement to Lease (ATL)
We offer an agreement to lease where either the retailer or Enterprise Inns are not in a position to formally sign an final agreement. Typically, this may be due to lease support works requiring completion or capital expenditure on the property prior to the final agreement coming into force. For the certainty of both parties, the ATL sets out the obligations, which when met, convert the ATL to a formal agreement. The benefits agreed in the formal agreement are effective during the period of the ATL.