Selling a pub

[alicenicuk]

My father is try to sell the pub he runs, he only owns the lease the brewery owns the freehold. But the problem is he had a big chain all ready to buy it everyting was going find except they wanted to lower the rent from �97,000 to �90,000 but the brewery wont agree which means my dad is in a real financial struggle now he has no money anything he earns the brewery takes for rent which is �6000!! a month my dad's pub isn't even making this a month, and he's had to take out a �10,000 overdraft to pay staff and buy food etc. So now he's left with the brewery wont sell the pub and they wont lower his rent so what can he do? he's thinking of just leaving the keys and saying to them just have it back and losing all his money that he invested which is �120,000! Does anyone know what he can do? It's such a nightmare he might lose his home that he owns! Can anyone please help us?

[buildersmate]

Maybe what Zac says is true.
But the starting principle is that he took on a lease for a period of time, and so he is responsible to the brewery until the end of that period of time. If he wants to assign the lease to another party, he would have to find a party willing to pay the current lease sums - or fund the difference himself.
But maybe an accountant could help him negotiate the big chain's offer up