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Is everyone telling you Freehold is the only way to make money in the pub world?

As with everything, there are many pros and cons to running a pub as a freehold, you just need to work out if it's right for you.

Owning a freehold pub business is much like owning a freehold home. You own the building and the land it sits on. You have no one to answer to and the freedom to stock the drinks you wish on the bar, which means you can shop around and get the best deals with suppliers, and you also have the added benefit of having no rent to pay.

All this freedom, however, comes at a cost. You will need funds to purchase and maintain the building. However, you can raise a mortgage against the value of the freehold. You are also responsible for EVERYTHING; insurance, maintenance, staff, choosing your drinks range and building relationships with suppliers and you won’t have any support from the pub landlord or brewery.