Trust Inns has acquired three pubs in Scotland from Dundas Heritable.
The Park Bar and The Brass Monkey in Finnieston, Glasgow, as well as The Scarecrow in Kilsyth, are included in the deal, brokered by property advisor Christie & Co.
Trust Inns currently own five pubs in Scotland, with this purchase taking its stakehold in Scotland to a total of eight pubs.
The Lancashire-based pub operator, established in 1995, comprises more than 340 pubs across the UK with concentrations in and around Glasgow, Edinburgh, Newcastle, Preston, Blackburn, Liverpool, Nottingham, and London.
Mark Brown, managing director of Trust Inns, said, “We are delighted to add three high-quality sites to our Scottish estate and thank both the Dundas and Christie & Co team for working constructively with us to make this deal happen.
”We look forward to engaging positively with the excellent existing licensee teams for many years to come.”
Brian Sheldon, regional director at Christie & Co, said, “Despite many business owners across the hospitality sector facing ongoing headwinds, this resilient sector continues to perform and this sale demonstrates that ‘quality’ still sells in this ever-changing market.
”We had many enquiries from a broad spectrum of buyers, both operators and investors however once we engaged with Trust Inns, the process was swift, with both parties working efficiently to make the deal happen.”
