Geronimo Inns, the pub group with a focus on providing `real food at affordable prices` has bought six pubs from Punch Taverns bringing its estate up to 27.
The former Spirits sites are all based in London and are a mixture of freehold and leasehold properties reports BigHospitality`s sister website The Morning Advertiser.
Geronimo Inns chief executive Rupert Clevely said the move would `transform the balance and scale` of the company`s London-based portfolio.
"We are delighted to have secured a quality portfolio of pubs to add to Geronimo’s existing estate and to have successfully raised capital in a very difficult funding climate," he said.
The deal involves four freehold pubs: the Northcote in Clapham, the Prince Albert in Battersea, the Elgin in Ladbroke Grove and the Curtain’s Up in West Kensington W14. Geronimo has also bought two leasehold pubs: the Clarence in Whitehall and the Ben Crouch in Wells Street W1.
For the full story see the Morning Advertiser