All but three of the 17 pubs that were formerly part of the collapsed waterside pub venture involving Scottish & Newcastle Pub Company (S&NPC) that were put up for sale have been sold, M&C Report has learnt. Waterside Pub Partnership (WPP), the joint venture between S&NPC and British Waterways to run canal and riverside pubs, fell into administration last April after failing to secure further financing. David Chubb, partner at PriceWaterhouseCoopers, which was appointed as WPP’s administrator, said 14 of the sites have been bought by individual operators during the past 11 months. The average selling price was £287k, with pubs going for between £105k and £750k. The figure is below PWC’s high-end estimate of the average sale price, which stood at £300k. Chubb said he expects the remaining three to sell by the first anniversary of WPP falling into administration. Set up in 2004, WPP started with 29 sites and at its height was in charge of 44 venues. Prior to the venture’s collapse, British Waterways bought 10 of the highest earning pubs from WPP for £9m, leaving the partnership with 17 sites at the time of falling into administration. S&NPC ceased to be the managing agent after WPP’s collapse. It's understood that pub management specialist LT Pub Management, led by Billy Buchanan, was appointed to run the 17 sites jointly with Licensed Solutions, led by Paul Whitford.