Pubs 'n' Bars buys three London properties
Pub operator Pubs 'n' Bars is buying three pubs in south London for a combined sum of about £3.7m.
The freehold properties, which have been acquired from Shannon Inns, are:
- The Hampton Court Palace, at Elephant and Castle
- Hansbury's Free House, in Lewisham
- The Duke of Edinburgh, in Brixton
They will be paid for with a mixture of new shares and £2.6m in cash.
The acquisition will bring the total number of pubs operated by Pubs 'n' Bars to 97.
Buy this week's Caterer magazine for more industry news and analysis