Eleven more Pubs ‘n' Bars sites hit the market

The administrators of the Pubs ‘n' Bars group have put a further 11 sites on the market with an estimated value of £5.47m.

Earlier this year administrator Grant Thornton put 20 venues, worth around £6.25m, up for sale. Of these, eight are still available.

The pubs, on the market with Christie + Co, comprise a mixture of freeholds with vacant possession, long leaseholds, tenanted investment opportunities and managed houses.

Simon Chaplin, director of Christie + Co, says: "As with the first tranche of Pubs ‘n' Bars sites we took to market earlier this year, these pubs are in excellent locations and feature some high profile sites in London, where undoubted trading potential.
"Pubs in excellent locations like these, and which offer the prospect of excellent future trading, are certain to appeal both to existing, experienced operators and to the new breed of entrepreneurs who have taken the pub sector to their hearts. Whoever acquires the sites will gain a strong foothold into the sector."

Pubs ‘n' Bars went into administration in December 2009 and Grant Thornton was appointed to manage it.

The full list of sites is:

• Angel & Crown, London E2
• Cambridge Heath (formerly Carpenters Arms), London E1
• Duke of Edinburgh, Brixton, London SW9
• Hampton Court Palace, Elephant & Castle, London SE17
• Hansbury's, Lewisham, London SE13
• Hobgoblin, New Cross, London SE14
• Nelson's Head, London E2
• Parish Bar, Wembley
• Railway Tavern, London E2
• Porters, Westcliff-on-Sea, Essex
• Royal Oak, Tunbridge Wells, Kent

Twenty Pubs ‘n' Bars sites on the market >>

Troubled pub operator Pubs ‘n' Bars goes into administration >>