Trust Inns acquire pub in Weston-super-Mare through Christie & Co
On behalf of Joint Fixed Charge Receivers’, James Liddiment and Paul Greenhalgh of Kroll Advisory, c/o Honeylark Ltd, specialist business property adviser, Christie & Co is delighted to announce The Bear Inn has been sold to Trust Inns.
Business. Built around You.
Your expert business property advisers
The Bear is located on Walliscote Road, just two minutes from the Weston-super-Mare seafront and town centre. Opened in 2012, the property trades as a public house with two bars, a skittle alley and 23 guest rooms.
The business was sold to Trust Inns as an investment opportunity, which produces £62,400pa.
Trust Inns comment, “We continue to seek and acquire pubs and diversified pub business nationwide, which offer opportunity for growth development and longevity in the sector. The Bear fits with our objectives and we are pleased to welcome it into our estate”
Richard Wood, Regional Director at Christie & Co who handled the sale, comments, “I am delighted to have acted on behalf Kroll Advisory, on the sale of The Bear Inn to Trust Inns. The property attracted strong interest resulting in a best and final bid process, culminating in multiple bids. This shows the renewed demand we are seeing across the south for tenanted pubs.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Manager
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
Richard Wood, Regional Director – Pubs & Restaurants
T: +44 7778 880 583 or E: Richard.wood@christie.com
Visit our Business Search page to find out more about our current listings.