Popular pub in Wooler sold to Northumberland-based pub and hotel operator
Specialist business property adviser Christie & Co has announced the sale of The Angel Inn, a traditional pub in Wooler, Northumberland.
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The Angel Inn is a wet-led pub with a bar, large function room, and beer garden. The pub forms part of an established circuit of licensed venues including pubs, restaurants and hotels in the town.
Sellers David and Nicola Lightfoot had owned the pub for 25 years, having acquired it back in 2000 and later opening in 2002.
The pub has been purchased by Hotels International Ltd, a regional multi-site hotel and pub company, who have some exciting plans. Phil Steel from Hotels International Ltd commented, “We are delighted to have added The Angel to our growing portfolio. We own the No1 Hotel just across the road, and so the purchase made perfect sense for us.”
David Cash, Regional Director – Pubs & Restaurants at Christie & Co, said: “We have sold a number of sites to the buyers of The Angel, including The Ship and The Manor House on Holy Island, The Sun Inn at Walkworth, and Alnwick Squash Club. It’s really encouraging to see regional multi-operators continuing to expand in times of adversity and clearly the tourism industry in Northumberland is a major contributor to their success – something the region should be proud of!”
The pub was sold off a freehold asking price of £350,000.
For further information on this press release, contact:
Jasmine Davis, Corporate Communications Manager
P: 07561 115179
E: jasmine.davis@christie.com
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