|
04.12.2009
Acting jointly on behalf of Whitbread, Christie + Co and Gerald Eve have sold the freehold interest of the Nevill Crest & Gun in Kent, to Brunning & Price, the pub operator, which is part of The Restaurant Group, for an undisclosed sum.
The Nevill Crest & Gun near Tunbridge Wells currently trades as a Brewers Fayre. The Grade II-Listed property, which is believed to date back some 500 years, features a main bar with two seating areas, an 84-cover restaurant, a 90-cover beer garden, and a circa 45-space car park.
The site also includes a flat, bedsit, and attic rooms, plus manager’s four-bedroom accommodation within a detached converted barn.
Brunning & Price, which was acquired by The Restaurant Group in October 2007 for £32 million, currently operates 16 pubs, 13 in North West and three in the South East
The Nevill is part of a package of four high-quality public houses, which Christie + Co and Gerald Eve were instructed to jointly market by Whitbread at the start of August.
Chris Ford partner at Gerald Eve said: “We are delighted to have secured such an established and successful operator such as Brunning & Price for this well-located, high quality site. The other two properties still available — the Down Grange in Hampshire, and the Worsley Old Hall in Greater Manchester are also generating strong interest”.
Gerald Eve, chartered surveyors and property consultants, make or save money from property - acting for around 40% of the FTSE100 on property asset management, agency and professional matters.
|