4C Inns shelves plans to sell business

Start a new threadBy Mark Stretton, M&C Report , 06-Nov-2009

Related topics: Company & City News, Property News

4C Inns: shelved plans to sell business

4C Inns: shelved plans to sell business

4C Inns, the niche pub group based in the Home Counties, has shelved plans to sell the business.

 

It is thought that the company, which operates four tied leasehold food pubs in Berkshire and Surrey, had sounded out potential buyers through property agents before its founders decided to withdraw it from the market.

 

It is thought that the group, which produces about £400,000 in annual underlying profits, was pulled from the market after offers for the group failed to meet the expectations of owners Laurence and Scott Coveney.

 

The group's four country inns are: the Brickmakers, Windlesham, Surrey; the Fox & Hounds, Englefield Green, Surrey; the Robin Hood, Maidenhead, Berkshire; and the Thatched Tavern, Ascot, Berkshire.

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