Liberation’s new pubs performing well
The 75-strong company agreed to acquire six of the Channel Islands’ best known pubs and bars from Sealyham Investments Limited/Lapwing Trading, for an undisclosed sum.
Crowther told M&C Report that the group experienced good summer trading and was seeing some good UK exports for its beers with listings with JDW, Nicholsons and Fuller’s.
The properties acquired from Sealyham were originally part of the CI Traders group of businesses, but when Sandpiper CI acquired the company’s portfolio of pubs and bars in 2007, these six were not included.
In Guernsey the acquisition included the Ship & Crown and Crow’s Nest Restaurant, and L’Auberge, both of which are managed sites. The Happy Landings close to Guernsey Airport and the Captain’s Hotel are the two tenanted businesses acquired.
In Jersey the Ha’penny Bridge and the Seymour Inn, both tenanted, were acquired.
