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British Country Inns up for sale

18 July 2011 by
British Country Inns up for sale

British Country Inns (BCI), a primarily managed pub firm comprising eight pubs, is up for sale.

Property agent Christie & Co has been instructed to seek offers for the Plc, and is aiming to sell the entire share capital of the company.

BCI was one of four companies, between them owning 27 pubs, which were formed between 2005 and 2007 using funds raised through the Enterprise Investment Scheme.

The eight pubs in the BCI portfolio are food-led country inns, five of which are in East Anglia, with the others in Buckinghamshire, Hampshire and Somerset.

Christie & Co said the portfolio generated a net turnover in excess of £3m, with food accounting for over 60% of total sales. Three of the sites also offer a total of 26 rooms.

Neil Morgan, director & head of pubs & restaurants at Christie & Co, said: "The sale of British Country Inns represents a fantastic investment opportunity. The BCI estate features some delightful country inns that have benefited from considerable investment and are maintained to a very high standard."

BCI's management team is lead by Peter Mathews and Tim Udell, who were behind English Country Inns, which was sold to Marston's in 2005.

W&D buys English Country Inns >>

Caterer and Hotelkeeper 100: Ralph Findlay, Marston's >>

British Country Inns buys two more food-led pubs >>

<span class="Á"noindexÁ"">By Neil Gerrard

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