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).
Enterprise Inns seeks £12.6m from auction of eight London pubs >>
London Town shares plummet on reports of pre-pack administration >>
Pubs are back on investors' radar, claims analyst >>
By Neil Gerrard
E-mail your comments to Neil Gerrard here.
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk
Caterersearch.com jobs
Looking for a new job? Find your next pub job here with Caterersearch.com jobs
|