30 April 2015

Expert advice helps secure Pitcher & Piano deal

When you are conducting a complex commercial transaction, you want to be sure you are getting the best possible advice – that’s why AXA Real Estate called in licensed leisure specialists AG&G when it came to arranging the sale and leaseback of three of its Pitcher & Piano pubs earlier this year in a deal which completed in April 2015.

“These were high-profile pubs in York, Harrogate and Winchester,” explains AG&G’s Anthony Alder.

“They were all in strong trading positions in affluent cities and the client wanted the security of knowing that the rents payable would be affordable. We were able to put our extensive market knowledge to good use by providing expert rental and capital valuation advice to help them get a suitable deal.”

For further information, contact on Anthony Alder 020 7836 7826 or e-mail anthony.alder@agg.uk.com

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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