Annex
Table 1
PUNCH (VOLUME OF PUB ESTATE)
Punch/Pubmaster | 7,400
|
Innspired | 1,066 |
Total | 8,456 |
Approximately 70% of the estate is on the new leases (similar
to Enterprise) ie 6,000 pubs with similar average density (1.25
gaming machine per pub totalling 7,500 machine).
Nomination payment or Royalty of £11.00 per week for
each sited gaming machine this is less than Enterprise but Punch
take a greater share of the net box income per week (50% as opposed
to 35% at Enterprise).

Notes to above:
PUNCH RENT LIST
Gaming machines are banded by age approximately 15 weeks
duration in each band
|
Band | 1 |
£63.98 |
| 2 | £58.03
|
| 3 | £52.01
|
| 4 | £45.99
|
| 5 | £39.97
|
| 6 | £34.02
|
| 7 | £28.00
|
|
The average rent per week is spread across seven bands and
is £46.00
Table 2
ENTERPRISE (VOLUME OF PUB ESTATE)
|
Enterprise | 5,050
|
Unique | 4,043
|
Total | 9,093
|
|
Approximately 70% of the estate is on the new leases ie 6,500
pubs with an average density of 1.25 gaming machine per pub totalling
8000 machine).
Nomination payment or Royalty of £22.50 per week for
each sited gaming machine Enterprise take 50% of the net box income

Notes to above:
ENTERPRISE RENT LIST
Gaming machine are banded by age approximately 8 weeks
duration in each band
|
Band | 1 |
£73.15 |
| 2 | £69.93
|
| 3 | £65.87
|
| 4 | £59.99
|
| 5 | £58.17
|
| 6 | £55.72
|
| 7 | £52.85
|
| 8 | £47.74
|
| 10 |
*£29.75 |
| 11 |
*£25.00 |
|
*Few suppliers would operate in bands 9 to 11 as after the
Royalty payment to Enterprise of £22.50 these rents would
not be commercial . Hence the average rent per week is spread
across rent bands 1 to 8 .This gives an average rent of approximately
£60.00.
Table 3
NORMAL FREE MARKET CONDITIONS

Therefore total tenants share per week is £90.08 . .
. this means the tenant is better off by at least £45.00
per week by not signing a new lease and keeping their machine
income.
STATEMENT OF
FACT
The tenant only has one pub so losing half their machine
income to Punch or Enterprise affects their business greatly whereas
Punch and Enterprise with 8,000 pubs each are making profit out
of the tenants labours for just owning the premises and restricting
who they may deal with.

This will give the tenant the right to choose who supplies
their business with machines and the freedom to change supplier
if their expectations are not met. In the current situation Punch/Enterprise
dictate who is able to supply them with machines.The above £20.00
per week per machine nomination payment proposal could be classed
as a fee to Punch/Enterprise for each gaming machine on their
estate.
|