Taking a pub tenancy
Always wanted to be your own boss? Want to meet new people every day? If the answer’s yes to any of those questions, then running your own pub might be something you want to consider.
As a Wadworth Business Partner you’ll have access to the very best training and support to help you make the most of a life changing opportunity. Whether your heart is set on a charming village local, a community hub, premium food pub or vibrant town centre business, there’s something to suit every ambition.
Our 120+ tenanted pub estate is set in some of the most beautiful parts of the south of England including Oxford, Gloucester, Wiltshire, Somerset, Worcestershire and Hampshire.
Tenancy Agreement - Key Facts
- Standard traditional 3 year tenancy agreement
- Protected by the Landlord and Tenants Act, which means you have the right to renew at the end of the agreement
- We supply all your drinks as part of the brewery tie at discounted prices
- No tie for gaming machines: it's your choice if you want them or not
- We maintain the structural and fabric of the building, including roofs, walls, electrics and plumbing
- We insure the building and you insure the contents
- Rent is agreed at the start of the agreement. We show you exactly how we have calculated the rent before you take the tenancy and on each review.
- All our agreements are covered by the Industry Code of Practice
- Low cost investment which covers a returnable security deposit, stock and the purchase of the trade fixture and fittings purchased from the out-going Business Partner (in some circumstances we can assist with the purchase of fixture and fittings)
- When you decide to leave the pub you sell the stock and fixture and fittings to the next Business Partner and we will refund your deposit with interest less any outstanding monies owed to the brewery
- We offer a Retail Support Package to cover your training, marketing and business needs:
Bespoke training programme for you and your staff
Retail Marketing tools, including an online print and poster facility
British Institute of Innkeeping membership
Open Book accounting for your first 12 months to monitor the business with you and your accountant
- A break clause which means you can give notice to leave on the anniversary of the tenancy by giving six months notice
If you’ve always dreamed of running your own pub, have pints of passion and an undeniable drive to try something new, then what’s stopping you?