The UK's largest pub company, Stonegate has more than 400 pubs listed as currently available under a new tenancy agreement.

The company which is owned by private equity firm TDR Capital is also behind popular bars, Slug and Lettuce and Be At One and owns many local pubs across the UK. 

Recent reports suggested that Stonegate was looking to sell 1,000 pubs, with Bloomberg claiming the group is looking to scale back operations amid a £2.6 billion debt. 

The pubs up for new tenancy agreements include the Garden House in Durham which has a turnover of £568,000 as well as the Locomotive in Cambridgeshire with a turnover of £165,000.

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Is your local pub up for new tenancy?

The sales come as pubs across the UK are facing higher prices of alcohol and food costs as well as keeping up with the rise in energy bills. 

According to The Mirror, in a previous interview with Ian Payne, Stonegate chairman said: "We know what we’re going to pay in February and March, but we still don’t know what we’re going to pay beyond that."

Although Stonegate is not the only pub chain selling up some of its portfolios, with Wetherspoons owner Tim Martin previously sharing he would sell 35 pubs across the UK, with 11 already sold.

He said that he made the choice due to the rising cost of food and energy, as well as the lack of staff. 

See if your local pub is up for new tenancy via the Stonegate website.