Charles Wells acquires ten Traditional Freehouses
The Bedford-based Charles Wells Pub Company has acquired ten pubs from Traditional Freehouses for £9m, increasing the number of sites in its estate to 260.
The portfolio comprises food-oriented outlets located along the M40 corridor as well as sites in Derbyshire, Leicestershire, Warwickshire and Staffordshire. Five feature letting accommodation – an area identified for expansion across the existing estate to stimulate business development.
All the properties are operated under lease agreements.
Managing director of Charles Wells, Anthony Wallis, said “These sites are excellent businesses and complement our strategy of investing in food-led pubs with letting rooms.
“We now have the means to broaden our acquisition activity and have the funds and available resources to move quickly, so are keen to secure further pub groups or single sites as soon as possible.”
The properties purchased from Traditional Freehouses comprise: The George, Castleton (Derbyshire); The Duke of Wellington, Bourton on the Water (Gloucestershire); The Kilkenney, Andoversford (Gloucestershire); The Peacock, Redmile (Leicestershire); The Boot Inn, Barnard Gate (Oxfordshire); The Hand & Shears, Church Hanborough (Oxfordshire); The Moon & Sixpence, Hanwell (Oxfordshire); The Unicorn, Deddington (Oxfordshire); The Greyhound, Yarlet (Staffordshire); and The Golden Cross, Ardens Grafton (Warwickshire). Details: www.charleswells.co.uk
Photograph: The Duke of Wellington, Bourton on the Water, Gloucestershire
Recreation Assistant (Dry Site)
Party Leader
Cleaning Assistant
Duty Manager
Duty Manager
Team Leader (Harrow School Fitness Club)
Centre Manager (Leisure)
Director of Operations
Fitness Motivator
Recreation Assistant/Lifeguard (NPLQ required)
Membership Manager
Recreation Assistant
Swim Teacher
Swim Teacher
Chief Executive Officer, Mount Batten Centre
Swimming Teacher
Swimming Teacher
Company profile
Featured Supplier
Property & Tenders
Company: Knight Frank
Company: Belvoir Castle
Company: AVISON YOUNG
Company: London Borough of Bexley
Company: Forestry England