Twenty Pubs ‘n' Bars sites on the market
The administrators of the Pubs ‘n' Bars group have put 20 sites with an estimated value of £6.25m on the market.
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, said: "The pubs are in good locations with the potential for excellent trading. Over the last year or so, we've seen a number of experienced operators return to the pub sector with acquisitions, as well as the rise of local and regional entrepreneurs. These 20 pubs are certain to arouse the interest of both experienced investors and those seeking to gain a foothold in 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 Hotel, Coleford, Gloucestershire
•Hand & Squirrel, Talbot Green, Rhondda
•Harry's Bar, Yeovil, Somerset
•The Cambridge, London SE19
•Carramore, London NW10
•Innisfree, Wembley, London
•Royal Standard, London SE1
•Eddystone, Plymouth, Devon
•Blue Boar, Southend-on-Sea, Essex
•Clouseaus, Westcliff-on-Sea, Essex
•Lamb & Lion (aka Sherlock Holmes), Westcliff-on-Sea, Essex
•Royal Albion, Walton-on-the-Naze, Essex
•The Ship, Tiptree, Essex
•Three Stars (aka Black Bean), Chelmsford, Essex
•Fox on the Downs (aka Winner), Brighton, East Sussex
•Hobgoblin, Loughborough, Leicestershire
•Foresters Arms, Bagshot, Surrey
•Royal Oak, West Molesey, Surrey
•Imperial Arms, Farnborough, Hampshire
•Gamekeeper (aka Inn for All Seasons), Charminster, Dorset
Troubled pub operator Pubs ‘n' Bars goes into administration >>
By Neil Gerrard
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