Wet-led free house, The Squire Knott, in Oldham, Greater Manchester, has been sold through Christie & Co, from an asking price of £375k for the freehold.
The pub, which is sited less than five minutes from Oldham’s pedestrianised retail area and the Colosseum Theatre, was formerly part of Wetherspoon’s estate, and has subsequently been operated under management.
The Squire Knott accommodates up to 200 covers within the split level open plan lounge and public bar.
Previous owner, John Dixon, who owns and operates several hospitality venues throughout Lancashire and Greater Manchester, sought the sale after two years of ownership in order to focus on the remainder of his portfolio.
Dixon commented, “I would like to thank Keith and Christie & Co for helping secure and completing on my sale in these unprecedented times, I have dealt with Keith Stringer for the past eight/nine years and he has always been a delight.”
Keith Stringer, Director at Christie & Co, handled the sale and said, “We’re happy to have found a new owner and to have assisted John with his rationalisation plans. Transactions such as this demonstrate that, as existing operators move on, there remains a healthy appetite for attractively priced licensed properties in key town centre locations.”