Managed to Lease transfers

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In April 2008, 47 managed houses were transferred from our sister company, Marstons Inns & Taverns to our leased division, Marston's Pub Company.

In conjunction with our agents, Christie & Co, over half of those pubs have now been successfully let.

The pubs are spread across the UK and whilst the majority of the pubs are offered on 10 to 20 year tied assignable leases some will benefit from traditional tenancy agreements.

Gill Richardson, Head of Business Opportunities, Marston's Pub Company said: "The whole process is going exceptionally well. We offered a trench of quality outlets to the market which in turn has attracted quality operators. Despite the doom and gloom currently being whipped up around the market, these lettings show that the appetite for quality leasehold pubs remains healthy.

"The pubs that we still have left have also attracted strong interest and we are confident that they will be successfully let over the next few months".

For further information contact: www.christie.com/marstonsnewlettings

or contact the Marston's Business Opportunities Team on 0844 8483236

 

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