Enterprise Inns shifts five of eight London pubs up for auction

Enterprise Inns has sold five of eight London pubs it put up for auction with Cushman Wakefield earlier this week.

Four of the venues were sold at auction, raising a total of £6.7m. A fifth, the Princess of Shoreditch, in Shoreditch, was sold after the auction. The deal was for an undisclosed sum, although the pub had a guide price of £1.35m-£1.45m.

The four pubs to sell at auction were:

• Molly Moggs, Old Compton Street, London: sold for £1.49m (guide price: £1.425m - £1.525m).
• Ealing Park Tavern, London: sold for £1.65m (guide price: £1.55m - £1.65m). 
• The Hope, Tottenham Street, London: sold for £1.6m (guide price: £1.55m - £1.65m).
• So-Bar, Fulham Road, London: sold for £1.975m (guide price: £1.9m - £2m).

The three pubs which did not sell were the Halfway House in Barnes (available for £1.125m),
the Three Kings in Clerkenwell (£1.525m), and the Sun in Drury Lane (£1.675m).

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By Neil Gerrard

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