Finance
We keep the cost of taking a pub as low as we can.
After all, we want personalities behind our bars not
just people who have a few quid in the bank. A typical
JW Lees tenant will need the following to take a pub:
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Trade fixtures and fittings. (normally about £10,000)* |
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Stock and glassware. (normally about £2,500) |
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A security bond. (minimum of £5,000 - we pay |
| you interest on it too!) |
*The amount of money required depends on the
individual pub. And if you don't have the with a loan or
a hiring agreement.
If you are struggling to get the finances together then
get in touch, and we can usually help you.
Rents
We try to keep our rents at reasonable prices to allow you
to make a return. Also, we don't skimp on keeping our
pubs in good order, so we base the level of rent on a fair level of maintainable trade for a competent tenant.
When calculating the rent we look at all the income streams, and work out a rent based on a percentage of turnover, having regard for the profitability of the pub.
We don't penalise success. If you do well, we do well - it's as simple as that. We never like there to be any surprises when it comes to rents and we know that the last thing we want to do is lose good tenants.
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Alley cats |
