S&N buys four Maclays pubs for around £1.5m

25 January 2007 by
S&N buys four Maclays pubs for around £1.5m

Scottish and Newcastle (S&N) has snapped up four managed pubs from Maclays off a combined asking price in excess of £1.49m.

The sale included the Cross Keys at Alva, the Bridge Inn at Tillicoultry, Mickey Coyles in Dundee and the Thistle Bar in Alloa. The guide prices were £435,000, £420,000, £360,000 and £275,000 respectively.

The Cross Keys offers a 15-seat public bar, an 80-seat lounge bar, and four letting bedrooms in a two-storey house to rear. Mickey Coyles operates an 80-seat lounge bar.

The Bridge Inn has a 20-seat public bar, a 25-seat lounge bar, a 76-seat restaurant, a 28-seat dining room, six en-suite letting bedrooms, three staff bedrooms, and two-bedroom owners' accommodation.

The Thistle Bar comprises a 30-seat public bar, a 50-seat lounge bar, and a former two-bedroom flat with living room, kitchen and bathroom currently used for storage.

Creevy LLH advised Maclays on the sale.

!Tillicoultry](http://caterersearchccpadminlive.rbi.internal/assets/getAsset.aspx?ItemID=11052.jpg) ![Dundee](http://caterersearchccpadminlive.rbi.internal/assets/getAsset.aspx?ItemID=11053.jpg) ![AlloaÂ
The Bridge InnMickey Coyles The Thistle Bar

- By Angela Frewin

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