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Thu 14th Feb 2013 - Breaking News - Five freeholds on the market after collapse of Powder Train
Five freeholds on the market after collapse of Powder Train: Five freehold pubs in the south of England are up for sale through agent Christie + Co after the collapse into administration of Powdertrain, the company that worked closely with chef Marco Pierre White.The five pubs are The Anchor Hotel and George Inn, both in Warminster, Wiltshire; The Chilli Pad (formerly The Jolly Miller) in North Warnborough, Hampshire; The Chequers Inn in Maresfield, East Sussex and The Handsome Pig (formerly the Kings Arms) in Fernhurst, West Sussex. The Anchor Hotel (£450,000) is a Grade II Listed former coaching inn in Warminster. Situated just outside Warminster, in the village of Longbridge Deverill, The George Inn (£895,000) dates from the 17th century. It also has a function room that accommodates 120 covers and 12 en suite letting bedrooms. The venue has extensive garden areas and a paddock. The Chilli Pad (£650,000), situated just off the M3 close to Bartley Wood Business Park, currently offers the combination of an 80-cover Thai restaurant and a skittle alley that also doubles as a function room. On the edge of the Ashdown Forest in East Sussex, is The Chequers Inn (£995,000). It has a 70-cover restaurant and 11 en suite letting bedrooms. The Handsome Pig (£550,000) is another 17th century Grade II Listed country inn, situated in the South Downs National Park in Fernhurst, West Sussex. The business has ceased trading. Ed Bellfield, director of Christie + Co, said: “These five freeholds are amongst the more characterful pubs or inns on the market today. All benefit from good, in some cases idyllic, surroundings and good historic trading performance. We’re already seeing strong interest expressed from many quarters and expect that interest to grow as the market becomes more aware of their availability.” The five freeholds are available as a group, in clusters or as individual assets. Begbies Traynor is the company’s administrator.

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