Amber Taverns Operator Agreement

However, it will take time to implement our strategy, which will be phased in over a five-year period. The investments are aimed at pubs where we are integrated into the retail offer and where we have control over the contractual conditions. Subject to the above, we plan to invest up to 500 pubs per year and invest between £250 million and £300 million over the next five years. There is no control over the admiral`s rental. “The main variable is the relationship between Amber and the operator, which is done through a contract with their limited liability company,” he explained. “The operator receives a percentage of the total net turnover to pay himself and his employees. For new licensees, this is usually a five-year firm lease.