Sunday 25 January 2015

.....ANOTHER ONE BITES THE DUST............

" Another one bites the dust , another one bites the dust ............
  ....... and another one gone , and another one gone .................
  ....... another one bites the dust "

Another day and another scheme doesn't see the light of day . Not our fault this time , or indeed the client's , who had been in negotiations with a particular PubCo for the past nine months or so with
regard to taking over the lease of a particular pub in Cheshire . Deal done , keys handed over at the end of January - or so our client thought.


Without much fuss or warning , the government pushed through legislation at the back end of last November revising / relinquishing the tied trade agreement between PubCos and their tenants . Good
deal for the tenant , who can now buy his beer from wherever he wants without being tied to a fixed supplier . The collateral damage / fallout , however , is that the PubCos , having realised that they can no longer screw the tenant , are now taking tenancies back as managed houses - over which they have better financial control .


Result - the keys to the property are no longer available . Sorry lads , nine months work now in the bin , along with our fees , clients solicitors fees , etc etc etc. Anyway , here are the sketches............






















































No comments:

Post a Comment