Fuller, Smith & Turner, registered on Strand on the Green, has exchanged contracts on ten pubs for £35.25m. It has named three, the nearest in Hammersmith.
The pub company registered on Strand on the Green has bought ten pubs for £35.25 million.
Fuller, Smith & Turner PLC told the market on the morning of 8 September 2026 that it had exchanged contracts on the ten, in a transaction with the pub operator Stonegate Group and a simultaneous, separate transaction with an institutional property investment company it did not name. The price is before fees and taxes.
The company’s registered office is Pier House, 86 to 93 Strand on the Green, W4 3NN, which sits in Chiswick Riverside ward. Fuller’s has been on the Companies House register since 22 August 1929.
What was bought
From the company’s own announcement:
- Ten pubs in total: four freehold, six leasehold.
- Nine in what Fuller’s calls prime London postcodes, and one in the centre of Bath.
- £35.25 million before fees and taxes, which the company puts at 8.4 times acquired site EBITDA.
- Funded from existing debt facilities, not from new equity.
- The four freeholds are expected to complete in September. The six leaseholds complete one by one, as each landlord’s consent is obtained.
Fuller’s named three of the ten. They are The Shipwrights Arms in London Bridge, The Duchess next to Selfridges on Oxford Street, and The Blue Anchor in Hammersmith. The Blue Anchor sits on Lower Mall by the river, a little over a mile east of Chiswick High Road and outside this borough. Its address on the food hygiene register is 13 Lower Mall, W6 9DJ, in Hammersmith and Fulham.
The other seven have not been identified. The company said it would “update the market further at our interim results presentation later in the year”.
Executive chairman Simon Emeny said in the announcement: “We have always maintained a disciplined policy of only acquiring the right assets at the right price, and they must always be estate enhancing.” He described the ten as sitting “in geographies where we already have a strong presence and knowledge of the customer”.
The estate, as Fuller’s described it seven weeks apart
Fuller’s ends every announcement with the same paragraph about itself. Compare the one it published on 21 July with the one it published on 8 September and the numbers have moved.
| 21 July 2026 | 8 September 2026 | |
|---|---|---|
| Managed pubs and hotels | 185 | 194 |
| Bedrooms | 1,030 | 1,040 |
| Tenanted inns | 152 | 154 |
| Staff | over 5,000 | over 5,000 |
The company has not said how much of that movement is this deal and how much is ordinary trading, so read the table as what Fuller’s says about itself on two dates rather than as an audited before and after.
How the business is trading
The last trading figures the company published were on 21 July 2026, covering the 16 weeks to 18 July. It reported like for like sales growth of 5.1% and what it called good year-on-year profit conversion, crediting the weather, the World Cup and its summer programme in its gardens.
That statement was issued for an annual general meeting held in Chiswick, in The Boston Room at The George IV, 185 Chiswick High Road, W4 2DR.
The next update is dated. Half year results for the 26 weeks to 26 September 2026 are due on 11 November 2026, and the company has said the acquisition will be covered then.
What it means for you
For most people in Chiswick this is a share-price story rather than a pint-price one. None of the three named pubs is in this borough, and the company has not said whether any of the unnamed seven is.
It matters locally for two reasons. The first is employment: Fuller’s describes a team of more than 5,000 people, and its head office sits at the Chiswick end of the Thames. The second is the shape of the high street. Ten pubs changing hands in one transaction, most of them from Stonegate, is a sizeable piece of London’s pub estate moving between two large operators, and the pattern in which that happens decides what the pub down the road becomes.
If you want the primary record rather than the coverage, the announcement is published in full through the regulatory news service, linked below. The company’s registered office and filing history are on the Companies House record for company 00241882.
Our Chiswick planning news page covers the applications that decide what happens to Chiswick’s own pubs and shopfronts.
Sources
- Fuller, Smith & Turner PLC: Fuller’s acquires 10 outstanding pubs, regulatory announcement issued 07:00 on 8 September 2026, for the £35.25 million price, the 8.4 times multiple, the four freehold and six leasehold split, the nine London sites and one in Bath, the Stonegate Group transaction, the funding from existing debt facilities, the completion timing, the three named pubs and Simon Emeny’s quoted words.
- Fuller, Smith & Turner PLC: AGM Trading Statement, 21 July 2026, for the 5.1% like for like sales growth over the 16 weeks to 18 July, the annual general meeting at The George IV on Chiswick High Road, the 11 November 2026 results date and the July estate figures in the table above.
- Companies House: Fuller Smith & Turner PLC, company number 00241882, for the registered office at Pier House, 86 to 93 Strand on the Green, W4 3NN, and the 22 August 1929 incorporation date.
- Food Standards Agency food hygiene register, read 13 September 2026, for the Blue Anchor’s address at 13 Lower Mall, W6 9DJ, in Hammersmith and Fulham, and its coordinates, from which the distance from Chiswick High Road is calculated.
Checked on 13 September 2026. Fuller’s has not published the full list of ten pubs, so nothing here should be read as a claim about the seven it has not named.
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