Christie & Co sell The Squire Knott in Greater Manchester
Specialist business property adviser, Christie & Co, has completed on the sale of the wet-led free house, The Squire Knott, in Oldham, Greater Manchester.
The Squire Knott, which is sited less than five minutes from Oldham’s pedestrianised retail area and the Colosseum Theatre, was formerly part of Wetherspoon’s estate, and has subsequently been operated under management, accommodating up to 200 covers within the split level open plan lounge and public bar.
Previous owner, John Dixon, who owns and operates several hospitality venues throughout Lancashire and Greater Manchester, sought the sale after two years of ownership in order to focus on the remainder of his portfolio. John comments, “I would like to thank Keith and Christie & Co for helping secure and completing on my sale in these unprecedented times, I have dealt with Keith Stringer for the past eight/nine years and he has always been a delight.”
Keith Stringer, Director at Christie & Co, handled the sale and comments, “We’re happy to have found a new owner and to have assisted John with his rationalisation plans. Transactions such as this demonstrate that, as existing operators move on, there remains a healthy appetite for attractively priced licensed properties in key town centre locations.”
Sold on a freehold basis, with an asking price of £375,000.
For further information on this press release, contact:
Phoebe Burrows, Corporate Communications Executive
P: 020 7448 8849 or E: phoebe.burrows@christie.com
Contact the agent:
Keith Stringer, Director
P: 0161 833 6909 or E: keith.stringer@christie.com
Visit our Business Search page to find out more about our current hospitality listings.