Red Oak Taverns has begun its 2024 acquisition programme by adding a further four pubs to its portfolio from Marston’s Pub Company.
This is the second acquisition Red Oak has made from Marston’s in the last 12 months, having previously acquired three assets from the company in February 2023.
The pubs are:
- The Pied Bull, Shepshed
- The Prince Albert, Kingswinford
- The Queens Arms, Bakewell
- The Victoria, Oxford.
“We are delighted to have kicked off our 2024 acquisition programme with these four high-quality ‘free-of-tie’ (FOT) assets,” said Mark Grunnell, Red Oak’s co-founder and chief executive.
“They take our FOT division to more than 85 pubs and further demonstrate our unique proposition of flexibly operating substantial portfolios of both tied and FOT assets.”
Aided by its recent refinancing with OakNorth Bank, Red Oak Taverns continues to seek out and secure business opportunities on an individual and package basis.
