Tuesday, 26 May 2009

Admiral puts 17 more pubs up for sale

The further tranche of pubs follows a list of 21 released to market by Admiral on 7 May.

The pubs are primarily located in towns and villages across the North West of England.

They include The Bridge Inn, St Helens Road, Leigh; The Brookside, Duckworth Street, Darwen, Lancashire; The Hour Glass in Leeds Road, Nelson, Lancashire and The Snowball in Halifax Road, also in Nelson, Lancashire.

Some of the pubs will be sold as pubs but others are "ripe for development" as retail outlets or accommodation, according to Paramount managing director Mark Greig.

“We hope that most of them will remain as pubs, but this cannot always be guaranteed,” he said.

“A lot of pubs are coming to the market and we are continuing to sell them at a good rate, and achieving the best prices."

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