Stonegate Group has put 23 free-of-tie pubs across England up for sale.
The properties, which are available individually or as small packages, are all let on long leases with annual retail price index linked rent reviews.
Stuart Stares, director in Savills’ licensed leisure team, which has been appointed to market the portfolio, said: “Pubs are proving to be a resilient and increasingly attractive asset class, driven by the sector’s strong fundamentals – long leases, index-linked rent reviews and resilient trading performance.
“Investor confidence is being buoyed by improving trading performance, significant reinvestment by operators and a more favourable economic outlook – including falling interest rates and steady consumer demand. As a result, we’re seeing renewed appetite for well-let pub assets, particularly those with long-term growth potential.”
The portfolio comprises:
Admiral Macbride, Plymouth
Coventry Arms, Corfe Mullen
Crown & Anchor, Bromley
Crown & Stirrup, Lyndhurst
Dartmouth Arms, Forest Hill
Dog & Duck, Walthamstow
Fagins, Brookthorpe
Feathers, Chalfont St Giles
Frankland Arms, Washington
Garden Bar, Hove
Golden Ball, York
Harbour Moon, West Looe
Letters Inn, Tattenhall
Malthouse, Timsbury
Milehouse, Cross Heath
Moorings, Loughborough
Pax Inn, Thorp Arch
Romantica, Sutton Coldfield
Salthouse Hotel, Clevedon
Seven Stars, Canterbury
Star, Hampton Hill
Wickham Arms, Brockley
Windmill, Peterborough
