Friday, 8 May 2009

Pubs for sale in the Midlands and East Anglia

Admiral Taverns has released 21 pubs for sale. The pubs, described as "quality mid-range stock", are primarily located in towns and villages across the Midlands and East Anglia.

Prices vary from £125,000 to £400,000, with the average price being £275,000. Eight of the pubs are priced at £300,000 or more.

They include The Royal Oak in Walker Road, Walsall and The Forge & Hammer in Spring Road, Wolverhampton.

Paramount Investments has been appointed to handle the sales and managing director Mark Greig said many of the pubs were likely to be sold as going concerns.

He said: “These are not bottom-end pubs, so we think that most of them will remain as pubs.”
“We sell to end-users who will pay the best price for the pubs on offer,” he said.

Some of the pubs among the 21 are located further north, in towns and cities such as Preston, Liverpool and Newcastle-upon-Tyne.

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