London-based operator Young & Co s Brewery has appointed Savills to handle the potential sale of its tenanted pub business.
The tenanted arm of Young’s, known as the Ram Pub Company, comprises just over 50 pubs, and accounts for 5% of total revenue. Its managed pubs division comprises in the region of 200 sites.
The pub company made the statement to the London Stock Exchange following a report by Sky News explaining that it had appointed the property agent about the potential sale of its tenanted estate.
“The Company confirms that Savills has been appointed and that it is in discussions regarding a possible sale,” it said.
A tiny country pub in the heart of the Hampshire countryside is caught up in an international nightmare which could rob its customers of their savings.
The website of The Oak, in the small village of Smannell, near Andover, with just 1,330 residents, has been hijacked and mirrored online by tricksters 5,000 miles away in the Sudan.
The bogus page is identical to the 19th century pub s page, even including Facebook reviews from customers.
The Oak, a tiny country pub in the heart of the Hampshire countryside, is caught up in an international nightmare which could rob its customers of their savings
Punch purchases seven-pub package from Heartstone Inns
As reported by
The MA in January, the operator of about 1,250 pubs across England, Scotland and Wales, completed the acquisition of seven pubs from Heartstone Inns.
Established in 2007, Heartstone Inns will continue to operate its remaining eight pubs following the sale of seven sites in the south-west to Punch.
“We are pleased to welcome these seven wonderful pubs into the Punch family and look forward to working together with our new publicans and their teams,” Punch chief executive officer Clive Chesser said.
“We would like to thank Heartstone Inns, who have been working closely with us to ensure a smooth transition for everyone. We have plans to invest in all seven pubs during 2020, providing them with industry-leading support to allow them to flourish, while ensuring they continue to operate at the very heart of their local communities. We will provide further updates as these plans progress, but in
A Smannell pub will become the home of a new escape room if plans submitted to the borough council are approved. Under the plans, two structures will be built in the beer garden of The Oak to provide a setting for the game, in which players solve a series of puzzles to get out of the room. If approved, the escape room will be the only one of its kind in Andover. A previous escape room business, KLB Escape Room, closed in 2018 to search for larger premises, with the Advertiser unable to find any others currently operating in the town.