Need to know something? Here are the most common things we're asked - or talk to us directly and we'll try and help
Usually a Tenancy is for a shorter period of time and you cannot sell on the goodwill of the business. A Lease is a much longer Agreement but you are able to sell on the goodwill of the business when you leave.
Your Agreement will tell you what products you have to buy from Greene King. This is called the Tie. When you search for pubs, you'll see that the type of tie is clearly shown for each pub. As a general rule, if you are required to buy products from us, the ongoing rent is lower.
Each type of Agreement has a different incentive built in to encourage you to sell Greene King's beer. Some Agreements of our allow you to earn cashback based on the volumes you sell.
We operate a FREE mystery guest service that's operated by an independent research company. This lets you see things from a customer's point of view and see how you can improve your business. Some of our Agreements allow you to earn cashback based on the volumes you sell.
Yes. We have set up great deals with a selected number of suppliers. This scheme – called Bar Gains – is available to you through our Licensee extranet.
This will vary for each business. Where we know the trading figures we'll pass them on to you and our Business Development Managers will be able to provide some general pub history. If you are buying an assigned Lease, the turnover figures and other information about the business are supplied by the current Lessees - you'll need to verify these before proceeding.
Each pub listing shows how much money we estimate that you'll need to get your pub up and running. There is more about this in our section on costs.
Under special circumstances, we can offer an Assisted Purchase Scheme to spread the cost of the Fixtures and Fittings of the pub.
If you have a Tenancy Agreement, you will need to pay for a Maintenance and Service Plan. The amount you pay is banded and based on the style of your pub. If you have a Lease Agreement, you are usually responsible for repairs but you will need to pay into a Repairs Fund to cover any repairs we make on your behalf.
Greene King Pub Partners' Buildings Insurance is re-charged to you on a banding basis depending on the size and style of your pub. You are required to insure the other areas of your business that you will be responsible for, including: public and product liability, employee liability, fixtures and fittings and loss of income.
Our Tenancy Agreements have Break Clauses written into them so that you can, in most cases, leave at this point. If you have a Lease, you will need to arrange to sell on the Agreement. Breaking an Agreement early can be a serious decision, but we have outlined exactly how this can happen in our Code of Practice.
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