Enterprise Inns saw five of its freehold pubs being sold as part of a sale and leaseback deal go under the hammer this afternoon for a total of £13.15m.
A sixth freehold site due to be sold at the auction was sold for an undisclosed sum before proceedings got underway. The sale, announced by Enterprise last month and conducted by auctioneers Allsop in London, was designed to raise money to help pay down some of the group’s billion-pound debt.
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