St Christopher’s Inn Greenwich comes to market through Christie & Co

On behalf of Beds and Bars Group, specialist business property adviser, Christie & Co, has been instructed to market St Christopher’s Inn, Greenwich.

Beds and Bars Group is poised to reinvest capital that is tied up in the freehold asset in London, in line with the company’s strategy to provide larger units across Europe. There are currently several opportunities that the company is pursuing, in new and existing territories, that are a better fit for the company’s long-term strategy of expanding under the St Christopher’s Inns brand, whilst continuing to have an F&B offering available to walk-in customers through Belushi’s bars.

St Christopher’s Inn, Greenwich has been in the Beds and Bars portfolio since 1999. It is perfectly located next to Greenwich station, providing backpackers and groups with a unique platform to explore London whilst staying in the centre of one of London’s most historically significant areas, as well as high footfall available to target for F&B. With 14 rooms for guests and modern bar complete with a sunny street terrace, it is a hugely desirable and popular venue amongst travellers and locals alike.

Whilst it is with great sadness that the site goes to market, Beds and Bars Group is positively looking forward to reinvesting the money from the sale into the ever-growing youth travel industry, and is confident that the site will continue to be a fantastic asset to the Borough of Greenwich.

The property is being marketed through Neil Morgan, Senior Director – Pubs & Restaurants at Christie & Co. He comments, “We are really delighted to assist the Beds and Bars Group in their ongoing strategy, with the marketing of this rarely available, characterful and imposing 4-storey corner property, which is offered for sale as a thriving bar/restaurant and backpacker hostel business in excellent decorative order throughout. We anticipate interest from established pub, bar and hotel operators as well as property investors and developers.”