Geronimo Inns, the food-led pub operator, has fortified its central London estate with the purchase of a Mitchells & Butlers managed house in Shepherd’s Bush.
The group, led by chief executive Rupert Clevely and backed by Penta Capital, is thought to have paid about £2m for the freehold of the Eagle, in Askew Road. It will spend between £300,000 and £400,000 upgrading the business before reopening it in September.
Clevely, who founded the business with his wife Jo, said: “The pub is a great addition. It’s in an fairly affluent area but with a mix of housing, which suits us very well.”
Including the Eagle, Geronimo Inns operates an estate of 22 pubs. Most are located in central and suburban London, but it also has a clutch of three pubs around the M25 - in Surrey and Kent - plus three sites at Heathrow airport and one at St Pancras International train station.
DCL brokered the deal.