What really deeply and profoundly angers me is pubcos (including the regional and "family" brewers )selling underperforming pubs with covenants prohibiting their future use as pubs. It's a bully-boy spoilsport activity whereby the pubco aims to reduce future competition for its remaining pubs.
If I own a car and decide to sell it, can I insist that the new owner never drives on a motorway? If I sell a guitar can I insist the new owner never plays a minor chord?
No I bloody well can't. Just how are pubcos allowed to get away with this hateful behaviour?
This practise is destroying buildings we know and love as pubs that may be perfectly viable in different hands.
I know they're not the only ones, but here are Enterprise with a scorched-earth policy.
2 comments:
Absolutely, this should be unlawful, I'd like CAMRA to tackle this one.
Absolutely. Surely there is no sane or logical argument for this practice, apart from the obvious benefit to the pubco?
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