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Industry background: Pub categorisation
There are 130,000 licensed premises in the UK split between pubs, hotels, restaurants and clubs. Pubs can be broadly categorised into one of three types: freehouses, leased/tenanted pubs, and managed pubs.
Freehouses are independently owned and operated pubs. There are approximately 17,000 freehouses currently operating in the UK. They are owned, in general, by private individuals. The owner has full operational and managerial control of the pub and is free to decide which products to sell. The owner is responsible for all maintenance and upkeep of the premises.
Leased or tenanted pubs are run and managed by a licensee who does not own the premises but who operates the pub under a lease or a tenancy agreement. |
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There are approximately 30,000 leased and tenanted pubs currently operating in the UK. Punch Taverns is owns a large estate of over 7,400 leased and tenanted pubs.
In managed pubs, the owner employs all of the staff, including a manager, and is responsible for all of the operating expenses and retains all of the income of the pub. There are approximately 10,000 managed pubs currently operating in the UK and Punch Taverns currently operate over 800 pubs. |
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