We offer a range of flexible agreements to suit your needs, this even includes a start up agreement.
The most common agreements are a Leasehold Agreement and a 3 + 3 Tenancy Agreement.
Leasehold
Leasehold agreements are long-term commitments that offer you both the security and independence to create a fulfiling business.
Features include:
- Standard term of 20 years.
- Ability to sell after 2 years.
- Discounts, taken off invoice, are paid from the first barrel you buy.
- A volume incentive scheme.
- A commitment to buy a full range of leading national and regional drinks brands supplied by S.A. Brain & Co. Ltd.
- Rent is fairly determined in line with the open-market. Rent is increased each year with the Retail Price Index (RPI) and reviewed every 5th year.
- Support in the operation of leisure machines. Machine profits (after costs) are split between the licensee and S.A. Brain & Co. Ltd.
- Your minimum investment of £20,000 includes:
- Purchase of fixtures and fittings
- Deposit of £6,000 or three months rent whichever is greater
- Stock and glassware
- Working capital
Tenancy
Tenancy agreements are suited to people looking for a shorter-term commitment. They require a smaller amount of capital to invest.
Features include:
- 3 years standard term with a rent review at 3 years.
- Rent is agreed in advance and will increase annually in line with RPI.
- A commitment to buy the full range of leading national and regional drinks brands offered by S.A. Brain & Co. Ltd.
- A volume incentive scheme.
- Support in the operation of leisure machines. Machine profits (after costs)are split between licensee and S.A. Brain & Co. Ltd.
- S.A. Brain & Co. Ltd. is responsible for the maintenance of the pub exterior and structure.
- Your minimum investment of £10,000 includes:
- Purchase of fixtures and fittings
- Deposit of £3,000 payable on offer of the premises
- Stock and glassware
- Working capital
For more detail on the agreements and for any questions you may have, please have a look at our FAQ's.
For more information or details on the exciting opportunities with Brains, call us on 02920 334766 or email runapub@sabrain.com
