Downing Completes £5.7 Million Exit from Two Upham Group-Managed Pubs
- On August 19, 2019
- By GrowthInvest
Investment manager Downing LLP today announces the successful exit from two freehold gastropub investments managed by Upham Group.
Both gastropubs – The Navigator in Swanwick and The Winning Post in Winkfield – have been acquired by Upham Group.
Downing first partnered with Upham Group in October 2015 and subsequently refurbished the gastropub locations, both of which also have letting rooms. Upham Group itself has 15 pubs located across Hampshire, Berkshire, Sussex and Wiltshire. Additionally, all of Upham’s pubs and inns feature a range of fine real ales brewed by Upham’s own brewery, also based in Hampshire.
Downing has developed deep sector knowledge of the licensed sector, with over £100 million currently invested in pub assets. It’s this track record that helped secure the exit deal with Upham, which also delivered a great outcome for Downing investors.
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