The Pubs Code Adjudicator Issues a Statement of Support for Tied-Tenants Impacted by Covid-19
The PCA has called on Greene King, Marston’s, Star Pubs and Bars, Punch Taverns, EI Group and Admiral (the pub-owning business which are subject to the Pubs Code Regulations 2016) to confirm how they are planning to support their tied-tenants during the Covid-19 emergency if they have failed to waive rent payments.
The PCA has highlighted the risk to business posed by the Covid-19 pandemic, and has stressed that tied-tenants will need the support of their landlord if they are to survive.
Five of the six pub-owning businesses regulated by the Pubs Code Regulations 2016 have not yet cancelled or reduced rent payments owed by their tied-tenants.
Investigations carried out by CAMRA suggest that while Admiral Taverns has waived rent payments; EI Group, Punch Taverns, Greene King and Star Pubs and Bars have suspended rent collection and Martson’s is suspending rent collection on a case-by-case basis. The rents that have been suspended will become due and owing at a later date.
The PCA has suggested that “there is an opportunity now for [the pub-owning businesses] to demonstrate leadership to the wider industry and to show that they will go as far as anyone to protect each tenant and how they will do that.”