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Admiral – MRO (Free of Tie) – South London

Acting for the tenants of a South London wet-led public house near the local train station, Morgan & Clarke received instructions to produce a free-of-tie rental valuation and advise the Tenant who wished lead negotiations with the Landlord themselves but relying on our rent advice and support.

  1. Admiral MRO 'Full Response' - £57,500

  2. Negotiated MRO (free of tie) Settlement - £48,000

  3. Passing Tied Rent – c.£52,000

The MRO (free of tie) rent settlement agreed by the parties represents a totally free-of-tie trading operation £4,000 less than the passing tied rent, avoiding referral to Independent Assessment, enabling an early transfer free of tie and incurring no further costs.

Our team can help with rent reviews, lease renewals, third-party representation, Pubs Code / MRO, general advice on all lease-related matters, Landlord & Tenant issues or disputes.


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