Christie + Co advise on over ten per cent of the UK pub market anually, providing unbiased advise based on intimate knowlege of the market/sector.
We are specialist valuers, consultants and advisors acting on behalf of:
- Virtually all UK lending banks
- Many international lending and investment banks
- Virtually all licensed and leisure operators
- Private equity investors
- Regional operators and brewers
Our scope of work includes:
- Fully RICS and IVSC compliant valuations
- Market and feasibility studies and development advice
- Advice on leases, management contracts and rent reviews
- Investment appraisals and asset strategy
- Detailed cash flow forecasts
- Acquisition and disposal advice
- High quality IM's and due diligence
- Speciality bank support and business recovery solutions
- Expert witness and litigation support
- Strategic advice - corporate and business planning and strategy
- Performing benchmarking; asset management and advice on non-performing assets
Recent notable transactions include:
- Sale of prime central London public house
- Sale of St John Hotel & Restaurant, Leicester Square
- 5 managed public houses on behalf of JD Wetherspoon
- 15 freehold public houses located in London and the South-west on behalf of Young's
- A number of Marston's non-core disposals
- Acquired a number of Country pub/Coaching Inns on behalf of Cirrus Inns
- Sold various pubs on behalf of a major pub company
- Non-core disposals for TCG
- Two freehold public house acquisitions on behalf of The Restaurant Group for Brunning & Price operations
- Ongoing successful disposal campaigns for Bramwell Pub Company, Spirit Pub Company, Penn Street Taverns and various regional pub companies
Our current corporate workload includes:
- 120 public houses located throughout the UK on behalf of Administrators PwC
- Circa 39 public houses located in Scotland and England on behalf of Administrators Deloitte
- 25 public houses on behalf of Penn Street Taverns
- Spirit Leased Company - ongoing sale on non-core assets
- Punch Taverns & Enterprise Inns - ongoing disposal on non-core public house assets located throughout the UK
- New lettings campaigns on behalf of S&N PC and Wellington Pub Company
- Circa 100 pub disposals on behalf of Red Oak Capital, Whitbread, Greene King, iNNTERTAIN,TCG Group, Star Bars, Charnwood Pub Company, Commercial First and Horizon Inns
- Five disposals on behalf of J D Wetherspoon
- 46 non-core asset disposals for Martson's PLC
- Sale of 34 pubs owned by Pubs 'n' Bars (in administration), working in collaboation with Grant Thornton UK LLP
- Group Sale of Cross Oak Inns - four pub/restaurants at £4.9m
Some of our most recent advisory projects include:
- Valuation and strategic advice of over 2, 250 public houses for Marston's PLC
- Enterprise Inns - periodic asset valuations
- Various revaluation exercise and restructuring advisory work for PwC, Deloitte, Grant Thornton LLP, Deutsche Bank and Ernst & Young LLP on major pub and bar estates
- Desktop valuation of 50 pubs on behalf of a national pub company
- Valuation of a portfolio of 17 J D Wetherspoon investments on behalf of a major bank
- Strategic advise on behalf of a highly successful high street bar company
- Revaluation of a well known pub estate