Young & Co’s Brewery Plc has completed the acquisition of The Constitution, 42 St Pancras Way, Camden.
The transaction included the simultaneous acquisition of the leasehold interest from Pubs of Distinction and the freehold from an investor.
Brendan Brammer, Acquisition Manager of Young’s & Co Brewery, commented, “We are delighted to acquire this property, which has canal frontage, large external trading area and is located in the heart of an area which continues to see significant urban regeneration.
'We intend to undertake a comprehensive refurbishment of the site ready for summer trading.”
Ed Sandall, a Director at Fleurets brokered the deal, commented, “This transaction reflects an opportunistic tripartite deal, which resulted in three happy parties.
'There is a lack of good quality stock available on the market, meaning we are having to dig deeper and be more creative for our clients.”