Norfolk Freehold Pub Sales Continue Throughout Summer
Despite the Summer being a traditionally quiet period in the commercial property market, Roche Chartered Surveyors leisure team were pleased to have successfully sold two more freehold public houses on behalf of Enterprise Inns plc and be instructed to sell a further three, one of which has recently been put under offer, whilst the other two are already attracting strong interest.
The five pubs comprised two in Norwich and ones in Wymondham, Coltishall and Swainsthorpe.
Graham Jones of Roche, who acted for Enterprise Inns, commented: "The positive interest shown in the pubs continues to demonstrate robust demand for sensibly priced freehold opportunities, in what is still a very challenging market. It is also interesting to note that despite already having a comprehensive list of applicants on our database, by conducting a strong marketing campaign it is still possible to find a number of new prospective purchasers with cash funds who are willing to buy unconditionally. Indeed, two of the sales have gone to best and final offers''
Roche have now acted for Enterprise Inns plc for nearly 5 years and continue to be involved in the sale of freehold pub sites throughout the East Anglia region.
For further information contact graham.jones@rochesurveyors.co.uk.
October 2012