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

Major Innovator of Job Search Technology & Related Platforms
East of England, UK

One of the top job search portals - developed in-house - with over 1m UK-based vacancies available from employers operating in nearly all sectors across the UK. Also develops & operates a series of complementary platforms & mobile apps for use within...

Asking Price: Offers Invited
Turnover: £3,400,000

Supply of Flanges, Butt Welds & Machining
UK Wide

Manufacture and supply of high quality, hard metal, flanges and butt welds with machining services. Enviable reputation. Niche offering. Long standing relationships with suppliers. In-house manufacturing capabilities. Diverse client base including m...

Asking Price: Offers Invited
Turnover: £1,100,000

Road Surfacing & Civil Engineering Contractor
Scotland, UK

Public and private sector road surfacing and civil engineering contractor with a prestigious Royal Warrant for Road Maintenance. Provides roadworks, groundworks and civil engineering services. Diverse customer base including Royal Estates, local auth...

Asking Price: Offers Invited
Turnover: £3,800,000

View more businesses for sale

News Search

Latest News


Luxury lodging group enters administration | ADMINISTRATION

An Essex-based company which operates eight luxury lodge par...


Fine paper business enters administration | ADMINISTRATION

Arjowiggins UK, which operates a number of trading companies...


Hawk Plant enters administration | ADMINISTRATION

The Shropshire company, that has previously undertaken landm...

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