Admiral Taverns has reached an agreement to acquire 37 freehold pubs in the South East from Fuller’s, for a total consideration of £18.3 million.
The White Swan, Whitchurch, part of the package of 37 pubs
The portfolio of community wet-led sites span London and the Home Counties, including Surrey,
Sussex, and Hampshire.
The acquisition not only scales Admiral’s UK-wide estate to a total of more than 1,420 pubs, but further strengthens its presence in the South East, taking the group’s number of pubs in the region to more than 300.
Over the past 12 months, Admiral has invested £39m across its portfolio, with support from its investor Proprium Capital Partners.
“As 2024 community pub operator of the year, we look forward to working with licensees to develop
their brand range and consumer offer to people in their local neighbourhood,” said Chris Jowsey, chief executive of Admiral Taverns.
“Our focus on helping licensees to maximise the revenue potential of their pub will help them to build their business, whilst providing a vibrant social amenity for their community.”
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