Hi All,
Not completely sure if this is in the right section - mods please move if it's not.
My boss had a pub with a current licence. He is looking into leasing the pub to a third party. Is it possible for him to own the licence (as it's a valuable item) but have it in someone else's name?
The issues he is concerned about is if there is any endorsements etc on the licence, that they would be against the leasee rather than himself.
I've spoken to customs & excise but they said they are only concerned with the duty on the licence and are not concerned with the legal side of it.
If anyone has any knowledge of the above, I would appreciate some input.
Cheers,
Pia
Not completely sure if this is in the right section - mods please move if it's not.
My boss had a pub with a current licence. He is looking into leasing the pub to a third party. Is it possible for him to own the licence (as it's a valuable item) but have it in someone else's name?
The issues he is concerned about is if there is any endorsements etc on the licence, that they would be against the leasee rather than himself.
I've spoken to customs & excise but they said they are only concerned with the duty on the licence and are not concerned with the legal side of it.
If anyone has any knowledge of the above, I would appreciate some input.
Cheers,
Pia