Young & Co’s Brewery, the London-based pub operator, is marketing 14 freehold pubs from its estate.
Thirteen of the pubs are from Young’s tenanted estate in London and the Home Counties, with the fourteenth a managed house in Bristol. They range in price from £340,000 to £900,000.
The pubs are:
• Gorringe Park, SW17
• Plough Inn, SW8
• Prince of Wales, SW4
• Marble Hill, Twickenham, Middlesex
• Old Anchor, Twickenham, Middlesex
• Mitre, Richmond, Surrey
• Railway Telegraph, Thornton Heath, Surrey
• Lord Napier, Thornton Heath, Surrey
• Greyhound, Lingfield, Surrey
• William IV, Redhill, Surrey
• Old House at Home, Dorking, Surrey
• Lord Nelson, Barnet, Hertfordshire
• Chequers Inn, Cassington, Oxon
• Horts, Bristol
Young’s has a portfolio of around 90 tenanted pubs and 150 managed.
David Turner, property and tenancy director of Young & Co’s Brewery, said: “While we are under no pressure to dispose of these pubs, a sale of some or all of them would create additional scope for us to invest in our expanding managed estate, in line with our stated strategy.”
Andrew Robinson, of Christie + Co’s corporate pubs team, which is advising Young’s, added: “Bringing pubs to the open market is a rare excursion for Young’s and, as you would imagine, these 14 freeholds benefit from excellent locations and good trading performance. We are naturally expecting a great deal of interest in this instruction.”
annabel.dixon@estatesgazette.com