East Sussex pub finds new owner with Christie & Co
Specialist business property adviser, Christie & Co is delighted to announce the sale of The Yew Tree Inn in Arlington, East Sussex.
The Yew Tree was built in 1910 and stands on a one-acre plot in the picturesque village of Arlington, East Sussex, 11 miles north of Eastbourne and 17 miles north east of Brighton. Arlington is close to the River Cuckmere and has a medieval priory, a reservoir and a car racetrack at Arlington Stadium that is used regularly in the summer for race meets. Berwick railway station is located close by, on the East Coastway line that has links to Brighton, Hastings and Eastbourne.
The Yew Tree is full of character with an open log fire and wooden beams. It has been owned by Peter and Joan Laws for over 27 years, who have taken the decision to sell the Yew Tree to retire from the business. The pub has four separate patron areas including a conservatory, restaurant, and public and lounge bars which between them accommodate up to 100 guests. The two garden areas seat an additional 80 guests. Also included in the sale was a four bedroom owner’s accommodation.
The new owners, Luis and Zoe Teixeira are experienced in the pub industry, but the purchase of Yew Tree marks their first acquisition. It presents a great opportunity for them to take on a thriving business and implement fresh new ideas to take this successful business forward. They comment, “We are absolutely thrilled to have purchased the Yew Tree and cannot wait to get going. We are very thankful to the landlord we purchased from as well as Christie & Co for making this happen.”
James Hughes, Senior Business Agent at Christie & Co handled the sale and comments, “The Yew Tree is a quintessential English country pub. The pub received plenty of interest due to its great location and high sales. I wish the new owners all the best and I am sure they will do a great job.”
The Yew Tree was sold from an asking price of £775,000.
For further information on this press release, contact:
Fiona Fieldhouse, Head of Corporate Communications
P: 020 7227 0793 or E: fiona.fieldhouse@christie.com
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