Chameleon Pub Company buys seventh site

23 February 2010 by
Chameleon Pub Company buys seventh site

North of England-based pub operator Chameleon Pub Company has increased its estate to seven after it bought the long leasehold of Greaves Park in Lancaster, Lancashire.

The pub, which sits in parkland outside Lancaster, features a total of 170 covers spread across five different sections and a number of private dining rooms. It also includes a 110-cover beer garden and staff living accommodation.

Property agents Christie + Co and Gerald Eve acted jointly to sell the 999-year lease on behalf of Whitbread.

The pub originally traded as a Brewers Fayre until it was refurbished as a Table Table over two years ago.

All of the pub's current staff have been invited to stay on with the new business.

Greaves Park is part of a package of four pubs, which Christie + Co and Gerald Eve were instructed to jointly market by Whitbread at the start of August last year. The Nevill Crest & Gun near Tunbridge Wells, which was also part of the package, was sold to Brunning & Price last November.

London Town enters pre-pack administration and puts 44 pubs up for sale >>

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Hotels, restaurants and pubs lose around one third of their peak values >>
By Neil Gerrard

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