Buyers found for former Moorgate estate
Buyers have been found for nine out of the 10 former Moorgate Taverns sites, which were placed on the market at the end of September last year.
The freehold units, which are located across central and southern England, were placed on the market by property advisors Christie + Co, on behalf of Administrator Moorfields Corporate Recovery LLP.
Stankerr Pubs, which was set up in 2009 and is led by Jamie Noble, has acquired four of the sites — the Plough in Berkhamstead, Herts; the White Schooner in Peacehaven, East Sussex; plus Mokoko and the Sun Inn, which are both located in St Albans. The acquisitions take the Stankerr estate to six licensed properties.
The other five sold pubs were acquired by individual operators, and are all set to remain as licensed premises. A deal for the final site, the Boar's Head in Hoddesdon, is expected to be completed at the end of this month.
Anthony Jenkins, associate director at Christie + Co, said: "Centrally located in affluent and attractive towns and villages, these pubs generated a significant amount of interest from a wide range of buyers, with a number of sites attracting multiple bids in excess of the guide prices."
