Brighton Pier owners consider pub sale

Fri, 10 Nov 2017

The owners of Brighton Palace Pier are considering a sale of the pub and bar arm of its business empire.

Risk Capital Partners, the group behind the Laine Pub Company which has nearly 50 pubs across London and Brighton, has reportedly appointed advisors to assess their future funding options.

Risk Capital Partners is an investment company which pumps money into businesses with the intention of making a return.

Gavin George, chief executive of Laine Pub Company, said: “We have appointed BDO and they are working with us and our current investors to look at our strategic objectives.

“We have been encouraged by the approaches we have had in recent times, which give a good indication of the strength of the business and its potential to grow further.”

The Laine Pub Company currently has nearly 50 pubs in London and Brighton including the North Laine Pub in Gloucester Place, Brighton. In April the company it announced it was buying six more London pubs for an estimated £4 million.

Selling this arm of the company would mark a shift away from the pub and bar sector which is notorious for being increasingly difficult to make money from.

Find a business for sale
Subscribe to Business Sale Report


Subscribe today to read and search all our news, premium articles, business sale listings and buy/sell resources.


Latest Businesses for Sale


Printers/ Stationers - Andover, Hants

Asking Price: 
Turnover:  £640,000
Location: 

Digital printing specialists, commercial and retail stationers, lithographic printing and various ancilliary services. Freehold retail shop and long leased factory unit. Sale price includes all equipment and properties. NP £80k...


Hotel Accommodation - Folkestone

Asking Price: 
Turnover:  £500,000
Location: South East

Three Victorian houses joined together to form a luxury 8,500 sq. ft. facility. Includes reception, two lounges, four dining rooms, 16 en-suite bedrooms, music room, two kitchens, conservatory, bar, sauna, hot tub and more...


Suppliers of Souvenirs - Derbyshire

Asking Price: 
Turnover:  £1,200,000
Location: East Midlands

With over £60k worth of trading, the company has a very reputable name within the tourist and leisure market. Excellent potential...


View More Businesses for Sale >>