Pub group looking to sell its commercial property division

Fri, 13 Jul 2018 | DIVISION SALE

Ei Group, the UK’s largest pub company, is looking to sell its commercial property division which has a potential valuation of up to £300 million.

Formerly known as Enterprise Inns, Ei Group has appointed Rothschild investment bank as its advisor to help consider a number of its business options, including the potential sale of some or all of its 351 properties.

The company’s commercial properties comprise of free-of-tie pubs and venues that were previously pubs but have since been adapted for other uses such as convenience stores and restaurants.

The free-of-tie pubs receive no direct support from the company and are run on long-term rental agreements, unlike the majority of the group’s other 4,700 pubs.

The May 2018 results showed that the average net income per property rose to 8.2 per cent to £68,600 annually; despite this, the group has previously faced much debt due to the onset of the recession and the smoking ban.

Ei Group was founded by Ted Tuppen in 1991, who bought a number of pubs from large brewers like Whitbread, Scottish & Newcastle and Bass following the regulation reforms. When the group was performing at its best, it owned 8,500 pubs across the country.

The group’s spokesperson has declined to comment.

For more news stories about business divisions for sale click here. For all our business listings, click here.


Share this article



Latest Businesses for Sale

Private Hire Taxi Company
North of England, UK Wide

Specialises in providing fast, reliable and trustworthy private hire transport services using a modern and maintained fleet for the public, commercial and corporate sectors. Service offering is enhanced through an industry-leading smartphone applicat...

Asking Price: Offers Invited
Turnover: £5,600,000

LEASEHOLD


Home Care Franchise
Mansfield, Nottinghamshire, East Midlands, UK

The franchisor offers a white-collar management franchise focusing in the dynamic multi billion pound care and support market. The role of a franchisee is one of working “on” the business, as opposed to working “in” the business – managing people, st...

Asking Price: £250,000
Turnover: £1,200,000

LEASEHOLD


Security Services Business
London, Buckinghamshire, South East, UK

Established business acquired as going concern in 2013 with excellent reputation for quality, service and reliability. An opportunity exists to purchase the business and assets of well-established security business. Long track record of profitability...

Asking Price: Offers Invited
Turnover: £1,900,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
22
 
Jan
 

Jewellery retailer enters administration | ADMINISTRATION

A Nottingham-based jewellery and watches company has fallen ...

 
19
 
Jan
 

Luxury lodging group enters administration | ADMINISTRATION

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

 
17
 
Jan
 

Fine paper business enters administration | ADMINISTRATION

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

Free guide: 10 Biggest Buyer Mistakes

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

Email


Related News

 
01
 
Aug
 

Leading Welsh company completes MBO | MBO/MBI

Swansea based HJ Bassett, one of the first UK companies to i...

 
17
 
Dec
 

Travel Counsellors to explore £200m sale | BUSINESS SALE

The owners of Manchester-based holiday planner Travel Counse...

 
26
 
Jun
 

Network Rail appoints advisors to review portfolio | BUSINESS SALE

Network Rail has appointed advisors from Rothschild to revie...

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