Former Farlane pubs up for grabs

By Gurjit Degun

- Last updated on GMT

Related tags Local government act 1972 County borough

Up for sale: the Crown Hotel in Bury, Lancashire
Up for sale: the Crown Hotel in Bury, Lancashire
Eight freehold sites from former pub owner Farlane Property Group are set to go under the hammer at the end of the month at an Allsop auction in London.

Farlane went into administration in 2010, with the company owning 43 pubs at that time. PricewaterhouseCoopers was appointed joint administrators.

The eight properties are closed sites with guide prices ranging from £20,000 to £55,000. The auction will be held at the Park Lane Hotel in Piccadilly on 27 March.

The pubs at auction are:

■ The Golden Fleece in Calder Bridge, Cumbria. Guide price: £25,000 to £35,000.

■ The Pemberton Arms in Cold Hesleden, County Durham (guide: £45,000 to £55,000).

■ The White Swan, Ince-in-Makerfield, Gtr Manchester (guide: £40,000 to £50,000).

■ The Ballarat, North Shields, Tyne and Wear (guide: £20,000 to £30,000).

■ The Crown Hotel in Bury, Lancashire (guide: £35,000 to £45,000).

■ The Commercial in Millbrook, Greater Manchester (guide: £30,000 to £40,000).

■ The Copperfield in Birkenhead, Merseyside (guide: £20,000 to £30,000).

■ The Castle in Distington, Cumbria (guide: £25,000 to £35,000).

A further five pubs will also be available at this auction. These are a mixture of those already let to pubcos, and private properties.

The Crown Inn in Bingham, Nottinghamshire, (guide: £650,000 to £700,000) and Everest Hotel in Maghull, Merseyside (guide: £775,000 to £825,000) are leased to JD Wetherspoon. Owton Lodge in Hartlepool is leased to Mitchells & Butlers (guide: £975,000 to £1.1m).

The Green Dragon in Waltham Abbey, Essex, is available for £600,000 to £650,000, and an unnamed site in Haywards Heath, West Sussex, is on offer for £575,000 to £600,000.

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