Stonegate’s £1bn Sale of 1,000 “Platinum” Pubs: What the Slug & Lettuce Owner’s Debt Fight Means for UK High Streets
Stonegate, owner of Slug & Lettuce and Be At One, is preparing to sell over 1,000 pubs for up to £1 billion to reduce its £3 billion debt, according to reports on 16 November. The sale would involve its top-performing “platinum” pubs, mainly freehold sites in England and Wales, ahead of a key debt restriction lifting in January 2026.