Leasing Developments in the UK Brewing Industry

Notes that major brewers and some regional operators are now replacing traditional tenancy agreements with assignable commercial leases. Examines the background to these developments, the differences between the leasing arrangements now being offered and some of the problems so far encountered. Concludes that, courtesy of the Monopolies Commission, the very evident need for improved returns on capital for the big brewers means that assignable leases are here to stay.