Christie + Co has been instructed by Admiral Taverns, the UK's third largest tenanted and leased pub company, to market a number of pubs, which are spread across England and Wales.
Christie + Co sold The Queens Arms on behalf of the corporate client to a first-time buyer. The Queens Arms will now revert to operating as a freehouse under private ownership. This transaction is one of many recent sales throughout the country which have seen former pub company/brewery pubs revert to freehouses.
Recent notable transactions include:
- Lamplighters public house Castleford, West Yorkshire sold to Amber Taverns
- Knife & Clever acquired by Charles Wells Houghton Conquest, Bedfordshire
- Lion & Unicorn Kentish Town, London sold to Geronimo Inns
- Stanford Arms Suffolk sold to Greeen Jacks Inns
- Walkabout Bar Clapham sold to Antic on behalf of iNTERTAIN Ltd
- 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:
- 178 freehold and long leasehold public houses located throughout the UK, on behalf of Administrators
- 65 High Street Bars, Nightclubs and Late Night venues on behalf of Tattershall Castle Group, Dukedom, iNNERTAIN and Spirit
- Daniel Thwaites – disposal of non core assets
- Whitbread – disposal of four-strong package of freehold and long-leasehold opportunities
- Cougar Leisure 11 disposals
- Various pub disposals on behalf of Greene King, Admiral, Enterprise Inns, Punch Taverns, Hall & Woodhouse, Scottish & Newcastle Pub Company, Whitbread and Marston's
Some of our most recent advisory projects include:
- Enterprise Inns - periodic asset revaluations
- Marston’s – periodic asset revaluations
- LGV Capital – valuations of 65 strong group of Channel Island pubs and Amber Taverns
- Drake & Morgan – valuation of acquisition targets
- Restructing advice to PWC, Deloitte and Ernst & Young on major pub and bar estates
- Renegotiation of lease terms on behalf of managed pub and bar operators
- Property focused independent business reviews on mid scale pub operators
- Valuation of the Stonegate Estate for TDR Capital
- Valuation of Waterside Pub Partnership