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Scottish & Newcastle Pub Enterprises places 20 pubs on the market

30 June 2009 by
Scottish & Newcastle Pub Enterprises places 20 pubs on the market

Scottish & Newcastle Pub Enterprises has placed 20 freehold pubs on the market through property agent Fleurets.

The pubs, located across the UK, include nine with a food business and six with letting rooms.

The sites are directly owned by the pub company and their sale is part of the company's bid to concentrate on pub management rather than ownership.

Prices start at £125,000 and go up to £725,000 and Chris Moore, S&N Pub Enterprises' property director, said: "These are good businesses with proven operators.

"And we expect this, coupled with their mid market pricing, to make them particularly attractive to local and regional brewers looking to cherry pick pubs in their area."

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By Chris Druce

E-mail your comments to Chris Druce here.

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