InDeed snaps up 12 new pubs

From The Publican

24-Aug-2007

Related topics: General News, Company & City News, Property News

InnDeeD Group, the company headed up by Peter Brook, has purchased 12 pubs from Pub People Company.


The deal will see Pub People Company become a tenant of InnDeeD Group in each of thevenues.


Peter Brook, chief executive of InnDeeD Grou, said: "We are delighted to acquire these 12 pubs from Pub People Company which are all very good quality".


"The fact that Pub People Company will continue to run the pubs means that we have a strong and professional tenant for each of the acquired pubs. We remain very keen to make further acquisitions".


InDeeD was formed in October 2006 with the aim of becoming a major participant in the tenanted pub sector and is backed by venture capitalist Dawnay Day Principal Investments.


This latest acquisition brings to 29 the total number of pubs acquired by InnDeeD Group.


The new pubs are located close to the M1 corridor stretching from Doncaster to Rugby.

Find us on Facebook

Spotlight

Legal Q&A: Opening a cinema club and assault charges

Legal Q&A: Opening a cinema club and assault charges

This week's legal Q&A asks what you should do regarding personal licences and being charged with assault,...

Five minute guide to Champagne, Prosecco and Cava

Five minute guide to Champagne, Prosecco and Cava

It may, in the past, have been associated with indulgence and special occasions, but all that is...

Legal Q&A: Nudity, noise and measuring down

Legal Q&A: Nudity, noise and measuring down

This week's legal Q&A features issues to do with 'regulated entertainment' and nudity, noise abatement notices and...

Drinks promotions: top legal tips

Drinks promotions: top legal tips

In this top tips series we continue our analysis of the practical implications of the changes to...

Follow us on