HK Taverns portfolio brought to market

By Luke Nicholls

- Last updated on GMT

HK Taverns had around 50 pubs, ranging from small community pubs to larger, food-led operations
HK Taverns had around 50 pubs, ranging from small community pubs to larger, food-led operations
A portfolio of five freehold pubs, formerly managed and operated by HK Taverns – the East Midlands pub chain which fell into administration last month – have been brought to market by Colliers International.

The sites are located in Grantham, Nottinghamshire; Rothwell in Northamptonshire; Boston and Dyke in Lincolnshire; and Ruthland in Leicestershire. All properties in the portfolio are still currently trading.

Paul Hands, director at Colliers, said: “The portfolio includes a range of traditional pubs including one of Rutland’s finest gastro pub and hotels, the Admiral Hornblower. We expect a good level of demand for these properties, whereby potential buyers may wish to purchase the pubs individually or as a group.

“We anticipate that these sites all have the potential to develop trade with the right operator and investment behind them.”

The Corby-headquarted HK Taverns pub chain had around 50 pubs, ranging from small community pubs to larger, food-led operations. Colliers has been instructed to dispose of the five sites by HK Taverns’ joint-administrators Baker Tilly.

Related topics: Business, Pubs & Bars

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