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09 March 2017 | Pub Mortgages

New owners for The Coach & Horses in Croxley Green

Christie Finance, the specialist commercial finance broker, has recently arranged the funding for first-time buyer, Louisa Baker, to acquire the leasehold of The Coach & Horses Pub in Croxley Green, Hertfordshire

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Louisa, a full-time manager at a local pub and her husband, Jason, were keen to acquire their first pub. The couple identified The Coach & Horses, which was sold through Christie & Co, as a great opportunity. The pub, which is situated on the village green, has an excellent local reputation and underwent a full refurbishment only a few years ago that has helped grow trade.

Chris Field, Director at Christie Finance, approached the clients to help guide them to the best finance available to purchase this business. This was a big move for the couple, as they sold their family home to facilitate the purchase and Chris was able to access the Enterprise Finance Guarantee Scheme to assist the arrangement of funding.

The new owner, Louisa said, "Working with Christie Finance was an absolute pleasure. The process of acquiring a leasehold public house is not as straightforward as one may think. With the help of Chris Field, an expert and specialist broker who guided me every step of the way, with the perfect mix of professionalism and friendliness it was made a lot easier."

Chris commented: "I am very happy that I could help Louisa & Jason to buy their first pub. I have known The Coach & Horses for many years and it is a great 'turnkey' business for our clients to make their own and I'm glad that I was able to advise and secure them the funding required."