Thu, 20 May 2021 | BUSINESS SALE
Young & Co’s Brewery (Young’s) has hired property agent Savills to explore a potential sale of its tenanted division, which totals more than 50 pubs. Discussions are reportedly already underway with potential buyers, who would be set to acquire some of London’s most prominent pubs.
Young’s tenanted division is widely known as the Ram Pub Company. The business contributes around 5 per cent of the group’s total revenue, with the managed pubs division, which has around 200 locations, generating the majority of its turnover.
Following initial reports of the potential sale of the business, Young’s issued the following statement to the London Stock Exchange: “The Company confirms that Savills has been appointed and that it is in discussions regarding a possible sale. There can be no certainty, however, that any sale will proceed.”
The Ram Pub Company estate includes notable London pubs such as Boisdale of Bishopsgate in the City, the Calthorpe Arms on Grays Inn Road, the Grapes in Wandsworth and the Royal Oak on Regency Street in Pimlico.
In addition to its famous London pubs, the business also has a strong presence in Kent, East and West Sussex, Surrey and Middlesex.
The potential sale comes amid a wave of M&A activity in the UK pub sector, as operators prepare for the lifting of COVID-19 lockdown measures over the summer.
Find businesses for sale here.
If you are looking for an exit, we can help!
This unique opportunity in Mid Glamorgan offers 33 letting bedrooms, leisure facilities, and a self-contained holiday let, all set within 3.38 acres of beautifully landscaped gardens with planning consent for extension.
FREEHOLD
Cardiff City Centre Hotel presents a prime investment opportunity with its central location and IHG branding, offering 122 air-conditioned bedrooms. A standout feature is the 6th-floor restaurant, bar, and roof terrace, which provide stunning city vi...
LEASEHOLD
This is an exciting opportunity to acquire a prominent and stylish hospitality business in Leominster, offering around 80 covers and 10 high-quality letting bedrooms.
FREEHOLD
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.