Ten Moorgate Taverns pubs for sale

By Becky Paskin

- Last updated on GMT

Related tags: Town

The Old Guinea in Potters Bar is just one Moorgate Taverns pub now on the market
The Old Guinea in Potters Bar is just one Moorgate Taverns pub now on the market
The ten-strong Moorgate Taverns estate has been placed on the market, following the administration of holding company Pubs ‘n’ Bars last December

The ten-strong Moorgate Taverns estate has been placed on the market, following the administration of holding company Pubs ‘n’ Bars last December.

The pubs, which range in price from £250k to £550k are a mixture of tenanted and vacant pubs situated across central and southern England.

Available to purchase individually or in groups, the pubs include Mokoko in St Albans, the Old Guinea in Potters Bar and the Plough in Berkhamstead.

Anthony Jenkins, associate director at Christie & Co who handled the deal, said: “The majority of these sites benefit from being centrally located in affluent and attractive towns and villages. Therefore we expect them to generate interest from a wide range of buyers including experienced operators, investors and first-time entrants. The size and location of some of these sites will also appeal to developers.”

Administration

Moorgate Taverns was placed into the care of administrators​ RSM Bentley Jennison & Co in September last year, after struggling to pay back £7m worth of debt.

The 87-strong Pubs ‘n’ Bars then also subsequently went into administration​ four months later.

Related topics: Pubs & Bars, Venues

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