Star offers rent reduction to Scottish and Welsh operators
Star Pubs & Bars has announced a Scotland and Wales a 30% rent reduction.
Star Pubs & Bars has announced that it is offering all of its pubs on core leased and tenanted agreements in Scotland and Wales a 30% rent reduction to support them while they are subject to additional government restrictions.
The rent concessions come into effect from 26 December in Wales and 27 December in Scotland, when the restrictions were imposed on hospitality.
The support will remain under review in the event of any government policy alterations and additional government support for the pub and bar sector.
"The end of 2021 was hugely disappointing for pubs in Scotland and Wales due to the significant additional restrictions they had imposed on them during the festive period, which has been a real body blow to the industry," says Lawson Mountstevens, managing director of Star Pubs & Bars (pictured).
“With many pubs suffering a downturn in trade as a result of the reintroduction of restrictions in Wales and Scotland, we believe the best support we can provide at this time is to offer rent concessions.
“We’ll also continue to lobby the UK, Scottish and Welsh governments to provide further meaningful long-term support to the industry including alcohol duty reductions and business rates reform.
“We’re living through unpredictable times which are challenging for individual pubs and for the industry as a whole. However, we have sought to be consistent in the rent support that we provide our licensees while government restrictions are in place. Throughout the pandemic we have endeavoured to be fair, equitable and transparent with our rent support and will continue to be so.”