Leased Partners - Leased and Tenancy pub opportunities
Find out more about taking on a lease or tenancy agreement with Marston's
- Nationwide opportunities to run your own top-quality community, destination food or town centre pub
- Freedom to implement your own ideas
- Take advantage of our extensive beer portfolio
- Benefit from the knowledge and expertise of our BDMs and support teams
If you want to build your own pub business, then look no further than partnering with Marston’s. We can help you bring your business aspirations to life.
Running a leased or tenanted pub gives you the freedom to be your own boss and run your business in the way you want, with the autonomy to implement your own ideas. At the same time, help and support is available from Marston’s whenever you need it.
Taking on a lease or a tenancy agreement is a big decision and not one to be taken lightly. The table below highlights the key features of these agreements, and how they differ from the other agreements we offer. This will help you decide if this route is best suited to your ambitions.
If you like the low investment and high level of support offered by our retail agreement, but are looking for the freedom you get from taking on a tenancy, then take a look at our foundation agreement too.
|How long is the agreement?||5 years||5 year term (plus 5 years)||From 5 to 30 years||3 or 5 years|
|Do I have to pay a deposit or agreement fee?||Yes - £5,000||Yes - £25,000||Yes – the amount depends on the property||Yes – the amount depends on the property|
|What are the other ingoing costs?||£360 legal fees, independent legal advice, accountant’s advice and surveyor’s advice||£20,000-£25,000 working capital||Working capital, legal fees, training fee, the purchase of stock/glassware/F&F, independent legal advice, accountant’s advice and surveyor’s advice||Working capital, legal fees, training fee, the purchase of stock/glassware/F&F, independent legal advice, accountant’s advice and surveyor’s advice|
|Do I pay rent to Marston’s?||No||No||Yes||Yes|
|Do rent reviews apply?||N/A||N/A||Yes – every 5 years||No|
|Is there a profit or sales split?||The retailer retains 20%-25% of gross sales||The franchisee retains 20% of sales and 20% of quarterly profit||No||No|
|Does the beer tie apply?||Yes||Yes||Yes||Yes|
|Is the food offer decided by Marston’s?||Yes – although we do have a few sites where the retailer can do their own food||Yes||No||No|
|Do I pay a service charge?||No||No||Yes||Yes|
|How is machine income split?||Marston’s retains 100%||Marston’s retains 100%||Split 50/50 between Marston’s and the operator||Split 50/50 between Marston’s and the operator|
|Who is responsible for repairs?||Marston’s||Marston’s||The operator||Marston’s for external repairs, the operator for internal repairs|
|Are any other costs covered by Marston’s?||Utilities, services and rates, property insurance, business rates||Utilities, services and rates, property insurance, business rates||No||No|
|Is the business assignable?||Yes – with Marston’s consent||Yes – with Marston’s consent||Yes – with Marston’s consent||No|
Still not sure which route to take? Give our Recruitment team a call on 01902 329713 and we’ll do our best to help. We’re available Monday to Friday, 9am to 5pm.