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2,300 Punch Licensees Offered The Chance To Buy Freehold

All of the 2,300 sites being offered are in the pub operator’s turnaround division, with individual licensees offered the chance to buy the freehold. Punch will not suggest an asking price to tenants, meaning licensees can offer a sum based on barrelage and turnover. In other Punch-leased disposals, licensees have bought around 10% of available pubs.

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