Investment Acquisition of Be at One, Richmond
January 6, 2020
Coffer Corporate Leisure has advised a private client on the purchase of the freehold interest in 7 Petersham Road, Richmond. The property comprises a bar with three residential apartments above. The bar is let to Be At One, which has recently been closed for refurbishment. Be at One was acquired by Stonegate Pub Company in July 2018 in a deal that valued it at circa £50m. Stonegate currently has 39 Be At One sites, having opened a further five sites under the brand since the deal. The terms of the transaction are confidential. Michael Rogers acted on behalf of the vendor. Coffer Corporate acted on behalf of the purchaser, a private client.