Acting jointly on behalf of Whitbread, Christie + Co and Gerald Eve sold long leasehold interest of the Greaves Park in Lancaster, Lancashire, to Chameleon Pub Company, the North of England-based pub operator, for an undisclosed sum. This followed the sale of the freehold interest of the Nevill Crest & Gun in Kent for Whitbread, to Brunning & Price, the pub operator, for an undisclosed sum. The momentum we experienced in the run up to the end of 2009 with increased viewings, would-be buyers and deals, has continued during the start of this year. Cases of contract races have risen and we seem to be going to best & final bids on many properties which are good signs that the market is picking up.

Recent notable transactions include:

• Crown Point Inn, near Sevenoaks, Kent, sold to Quercus Partners Ltd.
• Weyside Inn in Guildford, Surrey, sold to Heartstone Inns.
• Former Bar Risa/Jongleurs in Oxford, let to Cavendish Barsli.>
• Mulberry Bush, Amersham, Buckinghamshire sold to Publican freehouse of the year winner Cavalier Inns.
• Snooty Inns Ltd sold on behalf of Baker Tilly.
• 7 Walkabout venues sold to Cavendish Bars.
• National pub co disposals represent another high volume sector for Christie + Co with numerous transactions completing to individual cash buyers.

Our current corporate workload includes:

• GRS Inns – disposal of 26 sites on behalf of Administrators.
• Ex-Regent Inns – disposal of nine leasehold units on behalf of Administrators.li>
• Daniel Thwaites – disposal of non core assets.
• Whitbread – disposal of four-strong package of freehold and long-leasehold opportunities.
• Various disposals for:Glendola Leisure, Spirit Group ,Greene King ,Hall & Woodhouse, Dobiere, Barracuda, Heavitree, Chapman Group, Scottish & Newcastle Pub Company, Black Country Traditional Inns, Yesteryear Pub Co, Wadworths, SA Brians, St Austell, London Town, Silvergate Leisure, Innsight Pubs & Bars, Gapfree,Monarch Leisure, Progressive Pub Co, Eat your Hear Out Ltd, Charles Wells Pub Co, McManus Pub Co, Cougar Leisure, Pubfolio, County Estates, Nexum Leisure, Geromimo Inns, Greene King, Shepherd Neame.

Some of our most recent valuations include:

• Massive Pub Company- advice to Administrators
• Candu Entertainments – advice to the Administrators
• Unique Pubs
• Enterprise Inns – advice as part of Enterprise’s proposed conversion to a REIT
• Merchant Inns – valuations of freehold country pubs and inns
• Tuns Taverns – valuation of 10 freehold pubs for Scottish & Newcastle
• Spirit – ongoing advice on conversion of former managed houses to leased and on freehold disposals
• Chapman Group – valuations of an estate of freehold pubs, bars and hotels
• Mitchells of Lancaster
• Local Heroes Pub Company
• Sandpiper Hospitality – valuations of the 65 strong group of Channel Island pubs acquired by LGV Capital
• Regent Inns – valuations of the Walkabout, Jongleurs and Old Orleans brands