The Business Partnership Agreement

Key features of the agreement:

  • 3 year Landlord and Tenant Act protected tenancy
  • Right to renew with no rent reviews
  • Full supply agreement with rewards
  • Gaming machine profit, 67% share to our business partner
  • Hall and Woodhouse responsible for all structural repairs

We have just launched this new three year tenancy agreement. The 'Business Partnership Agreement' is protected by the Landlord and Tenant Act. The rent is set before the start of the agreement and is subject to annual adjustment inline with inflation (if inflation is negative then your rent will be lowered inline with inflation).

There is no rent review. If you want to renew your agreement for a further three years the rent is linked to inflation only. This gives you the ability to plan for the future with certainty and means you are not penalised for your success. The agreement cannot be sold to someone else.

Deposit

A deposit of £7,500 is required when taking on an agreement. This deposit will earn interest at Bank of England Base Rate, which will be paid twice a year at the end of December and the end of June. This deposit (plus the interest accrued) will be returned to you within 28 days of you leaving your business as long as you do not owe Hall and Woodhouse any monies.

Supply agreement

As our business partner you agree to purchase all beers, ciders, wines, spirits and soft drinks though us. This is sometimes referred to as the ‘tie’. The supply agreement helps us develop and brew our award winning ales which are only available in Hall and Woodhouse pubs. It also helps fund the support we are able to offer you. This includes investment in our pubs, support from our Area Managers, marketing materials and much more. The supply agreement also makes it easier for you to order your stock, it means one call, one order, one payment and one delivery backed up by our excellent Distribution Team, Beer Quality Advisors and Technical Services Team.

Sales Incentive

Before the start of your agreement an annual total volume target will be set for all drinks products. At the end of each year if you exceed your target you will receive £1,000 which will be credited to your trade account.

Repairs

The responsibility for repairs falls to both Hall and Woodhouse and you. You will be given a detailed breakdown of who is responsible for what by your Area Manager before your agreement begins. However, as a rough guide, we are responsible for the structure of the building (i.e. if a window frame is rotten) and all non-structural repairs will be your responsibility (i.e. if a window breaks). You are also responsible for interior decoration and keeping the gardens and grounds attractive.

Gaming Machines

Gaming machines include Amusements with Prizes (AWP), Skills with Prizes (SWP) and pool tables. You choose your machines from our list of nominated suppliers. Machine income is shared after rent and duty is paid. 67% of the profit goes to you, while we receive 33%. We manage the machine suppliers on your behalf.

Leases

We may occasionally offer some of our pubs as a lease.  Please contact us for further information.