Specialist property advisers Christie + Co have sold the leasehold interests of two Apres Bar sites in Solihull and Lichfield to Intertain on behalf of Town & Country Inns.
Both sites will be refurbished and re-open as new style Walkabouts in September, in time for the Rugby World Cup, after a £1m refit. The two sites will remain open and trading until late August and Après Bars in Cheltenham and Sutton Coldfield continue to trade successfully and will be retained by Town & Country Inns. Town & Country Inns will reinvest the proceeds in expanding their successful Fleet Street Kitchen brand and will be working with Christie + Co to seek out new sites.
Simon Chaplin, Director, Corporate Pubs & Restaurants, Christie + Co comments: “The two Après Bars were sold in an off market deal to Intertain as we recongnised they would be an ideal fit for their new style Walkabout’s. As a result we now look forward to working closely with Town & Country on their own expansion programme and development of the Fleet Street Kitchen brand in the West Midlands and further afield.”
Mark Jones, MD at Town & Country comments: “We view Fleet Street Kitchen as the jewel in our crown and we're looking at rolling out six new venues over the next three years, working closely with Christie + Co who facilitated a robust and efficient sales process for the two Après Bar sites.”
John Leslie, Chief Executive at Intertain comments “We’re very excited to be opening these two new venues. We now have a fantastic platform from which to build for the future. Solihull and Litchfield are both great towns and we’re looking forward to introducing customers to our ‘new style’ Walkabout.”