News - Midlands

Greene King snaps up the Peter De Wint

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The Peter De Wint pub in Lincoln has been bought by Greene King.

The pub, on the corner of Moorland Avenue and Tritton Road, was sold by Enterprise Inns. Hodgson Elkington acted on behalf of Enterprise in the sale.

Stephen Bradford, partner at the firm, said: "There was strong competition for the opportunity to acquire this pub which is very well placed for serving the Moorland Avenue community and general catchment trade of the south western quarter of the city and North Hykeham.

"At a time when a lot of pubs are closing it is refreshing to be able to announce a fresh opening."

Enterprise Inns has also asked Hodgson Elkington to market the Reindeer Hotel on Lower High Street on an untied basis, leaving buyers free to redevelop the site.

Bradford said: "Whilst marketing has only just commenced there is already a reasonable level of interest in the property and we remain confident of securing a sale in the near future."

 
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