More ex-Tchenguiz pubs go on sale

12-Sep-2011 - Last updated on 26-Apr-2021 at 16:59 GMT

The Fleece Inn in Wootton on Edge is one of the 37 pubs up for sale

Property agent Christie & Co is selling off another 37 pubs that were part of property tycoon Robert Tchenguiz’s former pub estate.

The former R&L Properties No.6 pubs have been put on the market by PricewaterhouseCoopers who took them over after they were placed into administration last month.

Mostly situated in England, the properties are made up of city centre bars, community pubs and destination inns, with the majority in the south and west of England. Three are located in Scotland and all but two of the pubs are freehold.

Neil Morgan, director and head of pubs at Christie & Co, said: “This instruction from the administrator includes many high quality outlets, benefiting from their almost exclusively freehold tenures.

"Our recent experience tells us that these pubs will be of significant interest to PubCo investors and to tenants looking to make the transition to owning their freehold. We’re delighted to have received the instruction and extremely confident that the 37 pubs will generate great interest.”

Christie & Co has already put 126 former R&L pubs up for sale. The agent was instructed to market the pubs, which were from R&L Properties No 1, No 2 and No 5 back in April.

The 37 pubs up for sale are: