Property briefs
- The Swan in Dobcross, near Saddleworth in Lancashire, which featured in the film Yanks starring Richard Gere, has been bought by Jennings Brewery. Historically the pub cellars were used for holding prisoners awaiting trial and around 140 years ago the pub kitchen was used as a surgery for the local doctor. Jennings is continuing its acquisition program across the North of England and is currently looking for suitable lessees for some of its 110 tenanted pubs.
Burtonwood has invested almost £3m in expanding its estate with the acquisition of four tenanted and two managed pubs. The four tenanted pubs include the Millers Inn in Barnsley; the Nelthorpe Arms in Brigg, Lincolnshire; the Lamb in Burton-on-Trent, Derbyshire; and the Junction in Chase Town, Staffordshire. The pubs will be rebranded as Burtonwood "Pubs of Quality". The two managed pubs - the Old Pint Pot in Salford Crescent, Manchester, and the Menai Court Hotel in Bangor, North Wales - are to be rebranded into young persons' venues. The company currently has 490 pubs, 37 of them managed.
Scottish and Newcastle Retail is selling 12 of its bar and restaurant sites across the UK. Ten of the sites are part of the now defunct Old Orleans brand and include a range of high street and leisure park sites in Bath, Birmingham, Cambridge, Edinburgh (two), Ellesmere Port, Covent Garden, Finchley, Norwich and Southampton. One site in Leeds is a Quincey's bar restaurant and an unused site with a 35-year lease in Manchester is also available. Christie & Co is handling the sale and offers either for the group or individually must be submitted by November 1. Tel: 020 7227 0700.
While its managed division is selling, the leased arm of Scottish & Newcastle (S&N) has bought five new pubs in Wales from the Newborough Pub Company. The package which includes the Newborough Bach in Porthmadog and the Harpoon in Caernarfon, was bought for £2.2m and brings its estate to 1,122. The deal is part of the company's on-going strategy of cherry-picking suitable sites for expansion.
If you're looking to open a new wine bar or gastro-pub then take a look at the Swallowed Anchor in Newport, Isle of Wight. The pub is an end of terrace, grade II listed building which dates from 1750. The site is not trading at present but has a full licence and will give the new owner the opportunity to refurbish. The freehold interest is available for £140,000. Christie & Co is handling the sale. Call 01962 844455.
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