Marston’s places 61 pubs on the market
Pub group Marston’s has put 61 pubs on the market after a review of its estate.
Property adviser and pub specialist, Christie & Co has been instructed to market a selection of Marston’s non-core properties, including a mix of leased, tenanted, retail and managed pubs. The pubs are available to purchase individually, in small groups or as a package.
The Express & Star reported that around eight West Midlands pubs are up for sale.
Noel Moffitt, Senior Director – Corporate Pubs & Restaurants at Christie & Co said: “This is a fantastic opportunity for individuals and multiple operators to acquire established successful public houses across England and Wales.
“The pub sector has been very resilient over the last few years and has adapted well to the challenges and despite interest in the sector there is a lack of properties on the market. This portfolio offers new entrants and existing operators a wonderful opportunity to acquire investments or operate their own businesses.”
Judith Rafique, head of estates at Marston’s said: “Following a routine review of our estate we have taken the decision to offer to market a varied range of property types. This enables us to focus on our strategic objectives and maximise returns from our core estate.”