Greene King places ten freehold managed pubs on the market

Pub company and brewer Greene King has placed ten freehold managed pubs on the market, Propel has learned. The managed pubs, which are being marketed for individual sale by AG&G, are separate from the 13-strong portfolio of freehold hotels and pubs with rooms for individual sale, which Greene King placed on the market last month. Of the new package, eight have a combined value of circa £9.4m, with offers invited on the other two. The pubs are the Butley Ash near Prestbury, The Chequers near St Albans, Five Horseshoes near Hertford, Green Dragon in Braintree, Hinderton Arms on the Wirral, The Nags Head in Burntwood, The Old Bell in Oxted, The Robin Hood in Bognor Regis, The Roebuck near Preston, and Ye Olde Windsor Castle near Leatherhead. Four of the pubs are already closed, while the other six are open and trading as usual. In March, Propel revealed Greene King was introducing a new estate strategy across its circa 2,500-strong pub business, including the realignment of its managed estate, which would see 300 pubs placed into a new focused business unit. Greene King said it had evaluated its brand portfolio across its entire estate, identifying the most suitable sites for each brand and building “an efficient system to focus investment, maximise profitability and support each site's growth”. As part of this, the company has identified circa 300 managed sites that would be better served under different models. It is expected that roughly half of these pubs will be converted to leased and tenanted, or franchise venues within its Pub Partners estate, with the other half evaluated for a potential sale over the medium-term. Last week, Greene King said it produced a “robust” performance in the 53 weeks to 4 January 2026, with revenue up 3.6% to £2.539bn, on the back of strong peak trading, disciplined cost control and strategic investments.

For further information, please contact James Grimes or Panayiotis Themistocli of AG&G