As a public house (pub) owner, grappling with the intricacies of rent reviews and understanding the pub code can be a daunting task. The legal process of rent reviews is commonly used in the pub industry to adjust the rent for commercial properties.

However, it is important to have a good understanding of this process to ensure that you are not overpaying. This article aims to provide a comprehensive explanation of rent reviews and the pub code, along with a plethora of tips to help you navigate these processes effectively.

 Rent Reviews

Rent reviews entail the legal process of adjusting the rent for commercial properties such as pubs, based on the current market value of the property. Typically, the reviews occur every five years, and the new rent is established by taking into account the prevailing market conditions. The exercise often results in substantial rent increase, which may pose a challenge for pub owners, particularly if their business is not thriving.

The Pub Code

The pub code, established in 2016, was designed to regulate the relationship between pub tenants and their landlords. The code's objective is to ensure that tenants receive fair treatment and are not subjected to unreasonable practices by their landlords. The pub code provides specific guidelines for rent reviews, including the requirement for landlords to provide a detailed rent assessment and the right for tenants to have their rent assessed by an independent expert.

Tips for Navigating Rent Reviews and the Pub Code

1. Start Your Preparations Early

In preparation for rent reviews, it is vital to commence early planning. Gathering all relevant information, such as your lease agreement and previous rent assessments, ensures that you have a clear understanding of your current rent and any potential rent increments.

2. Seek Expert Assistance

Navigating rent reviews and the pub code can be a daunting task, which necessitates expert assistance from accounting professionals with specialised knowledge of the pub industry. These professionals can assist you in evaluating your current rent, negotiating with your landlord, and navigating the rent review process.

3. Understand Your Rights

It is critical to have a comprehensive understanding of your rights under the pub code. It is incumbent upon pub owners to ensure that landlords adhere to the guidelines set out in the code. If you believe that your rights are being infringed, seek legal advice immediately.

4. Negotiate Effectively

Negotiating with your landlord can be a challenging process, but with the right approach, you can achieve a favourable outcome. Ensure you have all your facts on hand to support your case. Be prepared to make a strong and well backed case as to why your rent should remain the same or be reduced and negotiate from a position of strength.

How Carroll Accountants Can Help

Carroll Accountants are well-equipped to provide professional advice and assistance to pub owners, helping you to successfully navigate rent reviews and the pub code. Our team of experienced accountants can provide expert advice on rent assessments, negotiations, and the pub code. We can also support you with bookkeeping, payroll, and tax preparation, ensuring that your financial operations run efficiently and smoothly. Please contact us today to learn more about how we can help you with your pub accounting requirements.

Finance

Posted By Kristine Nativelove

When the daily routine starts getting affected by things such as drinking hot or cold beverages, having lunch, or brushing your teeth becomes uncomfortable and painful, it is time for you to pay attention to the source of your dental problem. You might be suffering from gum sensitivity or tooth sensitivity. Because the symptoms of both can be similar, there can be difficulty in identifying the two issues. 

 

Following are a few indicators to recognize if you are suffering from either gum sensitivity or tooth sensitivity.

 

• Tooth Sensitivity

If you find yourself slightly grimacing after having an ice cold drink, there are chances that you have tooth sensitivity. The symptoms of sensitive teeth are – pain in the teeth because of receding gums, worn tooth enamel, loose fillings, or gum disease. Because of sensitive teeth, you will find it difficult to enjoy hot, sweet, or acidic foods and drinks.

 

• Gum Sensitivity

You may notice the sensitivity of your gums, when you feel an uneasy, uncomfortable sensation or irritation in the bottom and/or top gum line. You may have sensitive gums due to poor oral hygiene, gingivitis, tobacco consumption, and at times, even due to pregnancy. If you notice gum sensitivity, bleeding gums, bad breath, then you may have gingivitis.

 

• What Can You Do?

Both dental issues are uncomfortable, but both can be treated and prevented before either of the two reaches the stage that would require a serious dental trip. To avoid sensitivity of teeth and/or gums, you need to practice and maintain good dental health and this can be done by brushing twice a day, flossing at least once a day, and maintaining routine dental checkups.

 

Sensitive teeth and gums cause discomfort and problems in your mouth. If you want to understand and know more about tooth and gum sensitivity and the remedial measures for it, you can contact Expressions Dental™ Clinic in Calgary and get in touch with our dental professionals. Make an appointment at +1 (403) 252 7733.

Health

Posted By Kristine Nativelove