CAMRA responds to the Greene King decision to offer a reduction in rent for tied pub tenants
Responding to the announcement that Greene King is to offer a reduction in rent for tied pub tenants from 11th June, CAMRA National Chairman Nik Antona said:
“CAMRA welcomes this announcement from Greene King that tenants of tied pubs will be given a 90% reduction in rent for 8 weeks as of 11th June, and 50% reduction for the following 4 weeks.
“Over 18,000 CAMRA members and pub goers emailed Greene King to raise their concerns about the need for their tied tenants to be given help with rents so they could survive the coronavirus restrictions. We are glad that the company have listened to tied tenants and customers and are doing the right thing by offering reduced rents.
“We are calling on Greene King to continue to offer support with rent bills for those tied pub tenants who are unable to re-open even when government restrictions are lifted because their pubs aren’t suitable for trading under social distancing restrictions.
“In addition, those tied tenants that do re-open will need continued support beyond the first two months. Rents should reflect the reduced turnover that pubs will have as long as social distancing requirements remain in place.”
CAMRA, the Campaign for Real Ale, is a not-for-profit consumer group with over 192,000 members that has been operating since 1971. Our vision is to have quality real ale and thriving pubs in every community.
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