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> Back the pub, I am!
blackdog
post Feb 17 2011, 11:29 AM
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QUOTE (dannyboy @ Feb 17 2011, 10:04 AM) *
Punch Partnerships, LOL.

The Nag's Head and Clock Tower are nothing to do with them - but the concept of a pubco being the partner of a lesee is indeed laughable.
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dannyboy
post Feb 17 2011, 11:33 AM
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QUOTE (blackdog @ Feb 17 2011, 11:29 AM) *
The Nag's Head and Clock Tower are nothing to do with them - but the concept of a pubco being the partner of a lesee is indeed laughable.

Nags Head is owned by Enterprise Inns isn't it?
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blackdog
post Feb 17 2011, 07:34 PM
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QUOTE (dannyboy @ Feb 17 2011, 11:33 AM) *
Nags Head is owned by Enterprise Inns isn't it?

They own the freehold, however the sale is of the the remaining 12 years of the current 25 year lease (a snip at £25k) - it's been for sale for a fair while. Not sure who the leaseholder is. It seems that Enterprise have stepped in to try to sort out the situation.
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Richard Garvie
post Feb 17 2011, 11:20 PM
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I'd take on the Purple Lounge if a deal was there to be done. That place has a lot of potential, the only possible issue is the price you have to pay the brewery for stock.
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blackdog
post Feb 18 2011, 08:18 AM
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QUOTE (Richard Garvie @ Feb 17 2011, 11:20 PM) *
I'd take on the Purple Lounge if a deal was there to be done. That place has a lot of potential, the only possible issue is the price you have to pay the brewery for stock.

http://uk.businessesforsale.com/uk/Fantast...in-Newbury.aspx

A free pint for forum members on your opening night?
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Richard Garvie
post Feb 18 2011, 12:59 PM
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QUOTE (blackdog @ Feb 18 2011, 08:18 AM) *
http://uk.businessesforsale.com/uk/Fantast...in-Newbury.aspx

A free pint for forum members on your opening night?


Absolutely! I'd get rid of the pool table and install a boxing ring for forum members to settle their differences too!!!

Seriously, it would be a great little venture, whether I have the funds to do it is another question!!!
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Iommi
post Feb 18 2011, 01:05 PM
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I fear the pub trade is a dead loss.
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dannyboy
post Feb 18 2011, 01:08 PM
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the only possible issue is the price you have to pay the brewery for stock.
that is the entire issue.
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HJD
post Feb 18 2011, 03:29 PM
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QUOTE (Richard Garvie @ Feb 18 2011, 12:59 PM) *
Seriously, it would be a great little venture, whether I have the funds to do it is another question!!!


How about a 3 way partnership with yourself, dannyboy & user23. laugh.gif
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dannyboy
post Feb 18 2011, 03:34 PM
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QUOTE (HJD @ Feb 18 2011, 03:29 PM) *
How about a 3 way partnership with yourself, dannyboy & user23. laugh.gif


Newbury's own Kit Kat Club!

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Roost
post Feb 18 2011, 04:59 PM
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I shall back the pub tonight.

Several of then in fact......

tongue.gif


--------------------
Roost

Welcome to the jungle....
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Iommi
post Feb 22 2011, 12:08 AM
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I got a reply...

'Think you for contacting me about alcohol taxation and, specifically, Progressive Beer Duty (PBD). I can assure you that, in the run-up to the Budget, Ministers will bear in mind the broader points you make.

As you may know, the Government has pledged a wider review of alcohol taxation and pricing. Ministers are very clear that binge drinking must be tackled in a way that does not unfairly penalise responsible drinkers, pubs and local industry. I know that Ministers are aware of the PBD issue, not least because it has been mentioned in a number of submissions to the review.

More broadly, I share your desire to secure the future of the Great British Pub and support the Chancellor’s recent decision to reverse the last Government’s increase in cider duty of ten per cent above inflation and to avoid increasing alcohol duty over and above the planned increase inherited from the previous administration.

The Government is also committed to banning the sake of alcohol at below cost price. Ministers intend to introduce a new additional duty on beers over 7.5 per cent alcohol by volume (abv) in strength. Changes will also be made to introduce a reduced rate of duty on beers produced at an alcoholic strength of 2.8 per cent or below.

These measures will tackle the excessive consumption of alcohol – which fuels much anti-social behaviour – without unduly penalising pubs or responsible drinkers.'
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