Tue, 16 Aug 2011 | BUSINESS SALE
Pub giant Admiral Taverns is selling off eight of its pubs in a deal worth more than £1.7 million.
The pubs, all of which are located in North Staffordshire, form a small part of Admiral's portfolio, which comprises 1,400 pubs across the country.
The pubs to be sold include; The Masons Arms and The Cross Guns in Northwood, The Jester in Fegg Hayes, The Thurston in Bentilee and The Lord John Russell in Hanley. All of the commercial premises are to be sold through specialist property agents Fleurets.
According to This is Staffordshire, some of the pubs – including The Thurston in Bentilee – have already closed their doors whilst others have reduced their opening hours.
The pubs range in price, with The Masons Arms in Northwood on the market for £175,000 plus VAT, which includes the freehold and all of the pub's contents.
Another pub included in the sale is The Saracens Head in Sandon Road, Meir, which has a price tag of £300,000 plus VAT.
Despite selling off eight of the pubs located in the North Staffordshire region, a spokesperson for Admiral Taverns confirmed that the group was committed to the region.
“From time to time Admiral Taverns reviews its pubs and these properties no longer fit its criteria for ownership,” the spokesperson said.
The company is a vehicle accident repair centre offering general bodywork repair and other related services, including wheel alignment, air conditioning re-gas and windscreen / glass replacement. Repairs are completed to manufacturer standard by trai...
The company is a furniture and equipment hire company catering to the events industry, offering a vast stock portfolio of tables, chairs, table linen, crockery, cutlery, glassware and kitchen equipment.
Established mechanical services contractor offering a variety of HVAC, plumbing and renewables services, including heat pump installation and heat recovery ventilation.
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
25
|
Apr
|
Tile business old to management team by Norcros | MBO/MBI
Johnson Tiles UK, a tile business based in Stoke-on-Trent, h...
25
|
Apr
|
New private equity owner for fleet hire firm | BUSINESS SALE
West Lancashire-based fleet hire business NRG Riverside has ...
25
|
Apr
|
New private equity owner for fleet hire firm | BUSINESS SALE
West Lancashire-based fleet hire business NRG Riverside has ...
25
|
Apr
|
Tile business old to management team by Norcros | MBO/MBI
Johnson Tiles UK, a tile business based in Stoke-on-Trent, h...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.