SAVE THE ROSCOE HEAD



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We have decided to fight NewRiver who really do not care about your local pub.
They also want me out of the pub and out of my home.

We are most grateful to a well known London P.R. company who have offered to help
us
free of charge in our fight against NewRiver and in recognition of
our position of one of CAMRA's "
Famous Five "pubs".


We will be setting up online crowd funding to help us with our legal costs when the time is right.


We'll keep you informed.



HOW YOU CAN HELP SAVE THE ROSCOE HEAD

SIGN UP TO OUR MAILING LIST HERE

We can then keep you informed about our battle.

Also check our web site on a regular basis.


Many thanks for all the kind offers of financial assistance we have received, locally, nationally and internationally.

Especially from our friends in Australia, Austria, Belgium, Canada, Finland, France, Germany, Ireland, New Zealand, Norway, Russia, Scotland, Sweden, the USA, Wales & Qatar.

Australia Austria Belgium
Cheers!Prost!Proost!
Canada Finland France
Cheers!Kippis!À votre santé!
Germany Ireland New Zealand
Prost!Sláinte!Cheers!
Norway Russia Scotland
Skål!Ура!Slangevar!
Sweden United States Wales
Skål!Cheers!Iechyd da!
Qatar
في صحتك

To our lone customer in Qatar - could you shake up a few sheiks for us?


BACKGROUND TO THE STORY


Pubs owned by large pub owning businesses (Pubco's) are required, under the terms of their lease, to buy their products and services from the Pubco and are known as "tied-houses".

In 2015 Parliament enacted a new law; the Small Business, Enterprise and Employment Act 2015.

The Act was designed to redefine the relationship between the Pubco and tied-house tenant.

Under the new law is a provision for tied-house tenants owned to apply for a Market Rent Option (MRO) when their lease becomes due for renewal.


MARKET RENT OPTION (MRO)

The MRO option allows, when a tenant or lessee requests, the granting of a free-of-tie rent and an end to all product and services ties (with the exception of building insurance) and the direct involvement of the Pubco in the management and trading operations of a tenanted or leased pub.

The MRO option only applies to pub owning companies with more than 500 tenants.


NEWRIVER RETAIL

In 2015, and after the introduction of the new Act, The Roscoe Head (then owned by PUNCH TAVERNS) was sold to NEWRIVER RETAIL (MANTLE) LTD part of NEW RIVER REIT (NEWRIVER) a Real Estate Investment Trust based in London.

In October 2015 NEWRIVER RETAIL (MANTLE) LTD changed its name to HAWTHORNE LEISURE (MANTLE) LTD.


CURRENT POSITION


On the 3rd April this year we received a letter from HAWTHORNE LEISURE (MANTLE) LTD's solicitors informing us they were NOT going to renew our lease which expires in February next year.