Enterprise Inns offers 2 main forms of agreement for new publicans:
Retail Partnership Lease (RPL) with or without Cyclical Rent Reviews
This is a substantive lease agreement available in terms of 10, 15 or 20 years. 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 may have a full wet tie requiring the purchase from us of all beer, cider, FABs, wines, spirits and minerals or you may choose to be free of tie on certain products in exchange for an annual and indexed tie release fee payable alongside your rent. Off invoice discounts are available on qualifying products purchased from us and incentive discounts may be available on qualifying products purchased in excess of an agreed target. Consent is required in relation to gaming machines subject to a share arrangement with an approved gaming machines supplier. The publican is responsible for all non structural repairs. Rent is subject to annual indexation by reference to RPI. If agreed at the outset there may also be five yearly open market rent review, and review of volume targets, 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 with or without a rent review, Heads of Terms and the gaming Gaming Consent Letter.
Retail Partnership Tenancy (RPT)
This is a shorter term tenancy available for terms of up to 5 years which may be terminated by notice. It is not a protected business agreement and has no security of tenure so no statutory rights to renew at the end of the contractual term. It may have a full wet tie requiring the purchase from us of all beer, cider, FABs, wines, spirits and minerals or you may chose to be free of tie on certain products in exchange for an annual and indexed tie release fee payable alongside your rent. Off invoice discounts are available on qualifying products purchased from us and incentive discounts may be available on qualifying products purchased in excess of an agreed target. Consent is required in relation to gaming machines subject to a share arrangement with an approved gaming machines supplier. The publican is responsible for internal non structural repairs and day to day maintenance. Rent is subject to annual indexation by reference to RPI and has no open market rent reviews. The agreement is not assignable.
View the specimen agreement, Heads of Terms and the gaming Gaming Consent Letter.
Beacon Agreements
About you?
- I am really interested in a pub career
- I am currently working as a publican
- I am interested in a particular pub
- I want to understand a pub’s potential before I commit
- I would value industry leading support
- I would appreciate constructive business intervention
- I want award-winning training
- If I don’t like the pub or the deal, I can walk away
Here are the Beacon Key Facts:
- Training before you start
- Minimum of 12 weeks in the pub before you commit to a tenancy agreement with us
- Competitive local selling prices for both food and drink
- Guaranteed profit margins on food and drink
- Comprehensive marketing, property and retail standards support, always available
- We’ll only agree the final rent and charges with you after 12 weeks
- Accountancy, stocktaking, payroll support and advise from day one
- Absolute clarity about the commercial facts
- Nearly forgot! The most import thing is we redecorate and refurbish the publican areas so the customers really notice a difference.
You will operate on an initial Tenancy At Will agreement for up to 12 weeks. You can then change to a three year tenancy agreement and serve six months’ notice at any time.
View the Heads of Terms PDF
View the RPT PDF
Industry Framework Code of Practice for Tied, Tenanted and Leased Pubs
The UK Pub Industry Framework Code of Practice (IFC) for tied tenanted and leased pubs (January 2010) is now available.