Laine Pub Company, the London and Brighton based pub operator and brewer, has confirmed that it is acquiring two London pubs from the Flynn family.
The group is taking on the free-of-tie leases of Tommy Flynn’s in Leytonstone and Flynn’s Townhouse in Hammersmith. Earlier this week, MCA revealed the group had acquired six sites from New Pub Company. The two deals take Laine’s London estate to 19.
Laine’s chairman Gary Pettet, who made the initial approach to the Flynn family to buy the pubs, said “I am delighted that we have been able to secure these substantial sites for our growing London estate and I look forward to the relaunch of Leytonstone as an exciting new Laine’s craft beer pub. We hope to also add value to the existing offering in Hammersmith which, with 10 letting bedrooms, is already a very profitable business. I’m grateful to Gerard and Averil (Flynn) for working with me to reach a mutually beneficial agreement following a swift and professional negotiation”.
Laine’s chief executive Gavin George said: “The opportunity to open a pub in Leytonstone is very exciting, especially given the development we have planned for the site. We hope the local market will love our creative treatment of the pub and enjoy the new beers we bring in from our own brewery and from other innovative local craft producers. The Hammersmith pub will be our first foray into hotel rooms and we hope to learn much from what is already a very successful letting business with a great management team.”
Gerard Flynn said: “Laine’s offer was very fair and we’re pleased to be selling the sites to such a solid and reputable operator. I wish them the best of luck with the relaunch of Tommy Flynn’s in Leytonstone and with the further development of the great business we have built in Hammersmith.”