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Youngs puts 14 pubs on market

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

 

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