Christie + Co markets 150 pubs for Admiral Taverns
16 March 2010
Christie + Co has been instructed by Admiral Taverns, the
UK’s third largest tenanted and leased pub company, to market
150 individual pubs, which are spread across England and Wales.
The sites, which have not previously been on the market, are
almost all freehold and range in price from £75,000 to
£600,000.
The pubs, which are spread from Newcastle in the North down to
Plymouth in the South West, and from Lowestoft in Suffolk, across
to Swansea, are available in small groups or individually.
Jonathan Paveley, Chairman of Admiral Taverns, said: “The
decision to sell these pubs follows a review of the Admiral Taverns
estate and, while they no longer fit the requirements of our
business, they offer good opportunities to a variety of potential
buyers with the skills to achieve their potential.”
Neil Morgan, Christie + Co’s Head of Pubs, said: “We
are delighted to have been appointed by Admiral Taverns to sell
this group of predominantly freehold pubs, which we expect to
generate significant interest from regional and local operators,
individual buyers and developers.”
—Ends—
For further information on this press release, please contact: Mark
Wingett at Christie + Co. Tel: 020 7227 0794.
mark.wingett@christie.com