Enterprise Inns sells off pubs

Thu, 14 May 2015 | BUSINESS SALE

A major change in the pub industry has prompted big player Enterprise Inns to sell off a large swathe of its pubs.

The company is set to sell off 1,000 pubs, while also increasing the number of outlets that it operates under its own management from the current level of 16 to between 750 and 850. The change in structure could also see a further 1,000 pubs put into a real estate investment trust.

Enterprise Inns was prompted to take action after the government confirmed plans to change the law around tied pubs, meaning that landlords will be entitled to pay market prices for beer instead of being tied into a higher rate with the brewery the pub is owned by.

The change will affect around 60 per cent of Enterprise's pubs. It is the first big pub group that has announced its plans to change its structure in response to the change in law. Comments from the group observed that it is looking to recruit “considerable expertise” to help it make the move to “alternative operating models”.

Simon Townsend, chief executive of Enterprise, said that all the firm's pubs will be reviewed to decide how to proceed with each individual property in terms of a business sale, full management or a continuation of the tenanted model.

He added that “over half” of the company's pubs will remain tenanted.

View the latest pubs for sale.

Share this article

Latest Businesses for Sale

Consulting Engineers Focused on the Built Environment
London, UK

Unusual opportunity to acquire this national and well established, full service Mechanical & Electrical consulting engineering company. Offers invited.

Asking Price: £2,700,000
Turnover: £5,800,000


Freight Brokerage Services
UK Wide

Works with a network of reliable hauliers to provide comprehensive and reliable logistics solutions on a national basis. Offers invited.

Asking Price: Offers Invited
Turnover: £420,000


Food Manufacturer Specialising Flatbread Products
North of England, UK Wide

Has established a prominent position with clients in its industry due to its prestigious portfolio. Operates from two leasehold premises. Offers invited.

Asking Price: Offers Invited
Turnover: £671,000


View more businesses for sale

News Search

Latest News


Fintech company Loot collapses into administration | ADMINISTRATION

After failing to secure further backing from the Royal Bank ...


Spike in M&A activity in the education sector | BUSINESS SALE

In recent months, the education sector in the UK has witness...


Jamie Oliver restaurant empire collapses into administration | ADMINISTRATION

Celebrity chef Jamie Oliver, who shot to fame after campaign...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Related News


Pub group looking to sell its commercial property division | DIVISION SALE

Ei Group, the UK’s largest pub company, is looking to ...


Enterprise Inns to let go of its strongest pubs | DIVISION SALE

Pub firm Enterprise Inns has plans to dispose of some of its...


Greene King acquires Lincoln's Peter De Wint pub | BUSINESS SALE

Brewing giant Greene King has acquired the Peter De Wint pub...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources