Admiral has put 28 pubs up for sale with Paramount Investments, which expects a further 25 to be released for sale each month. Admiral has 2,100 pubs in its estate.
The sale reflects the bank’s desire to offload closed down pubs, Paramount said. Three of the current batch have already been sold.
In addition, the prices of a further 20 Admiral pubs have been cut by 10% or more.
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