Licensed operators need valuations for many reasons – on going concerns, for change of use or a simple bricks and mortar basis. Relatively new operators need to set a benchmark. Those going public need their investors to know what they are getting for their money. Others need regular updates on value and yet more need to know what’s a reasonable amount to ask when selling.
Among our valuation clients are:
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Capital Pub Company – we’ve worked with this AIM-listed pubco since it started (we set up within three months of each other) and recently valued its primarily freehold estate of 28 pubs around London for £64 million.
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Morton-Scott – a benchmark valuation of this prospering operator’s properties. We’ve been with them from their beginnings, in 2003, and even introduced the owners to their first landlord.
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Harvey’s – this iconic brewer has a 48-site estate across south-east England, which needed its five-year valuation. James Grimes was able to provide some personal insight, as he grew up near their Lewes headquarters and has a long-standing appreciation of their beer.
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CI Traders – before it was taken over by Sandpiper CI in a £260 million deal, it needed a full valuation of its 100+ properties, including the Bluebeckers and Edwinns pub and restaurant chain.