Welsh brewery giants Brains have announced plans to sell nearly 100 of their pubs – including several in Pembrokeshire.

Included in the list are The Galleon, Broad Haven; Crown Inn, Tenby; Grove Hotel, St Davids; Harbour Inn, Solva and Waterman's Arms, Pembroke.

It also includes Ferry Inn, St Dogmaels, Penwig Hotel, New Quay and The Ship Inn, Tresaith, Cardigan.

An investment portfolio of 99 pubs in Wales has been put on the market by SA Brain & Co, and offers are invited in excess of £87.3m for the portfolio.

Comprising 93 freehold and six long leasehold properties, the full portfolio is let to Marston's Estates Ltd on 25-year leases.

Property consultancy Avison Young has been instructed by Cardiff-based SA Brain & Co to sell the investment interest.

It comprises fully occupied properties in a range of locations in and around Cardiff, Newport and Swansea with clusters also in West, Mid and North Wales.

The package is split between managed and tenanted outlets, with a mix of town and city centre, suburban and rural locations.

Peter Constantine, managing director of the Avison Young leisure team, said: "This is a rare opportunity to acquire a large, high-quality package of public houses located in strong trading positions across Wales.

"They benefit from a secure income stream let to an excellent covenant. We anticipate significant levels of demand as packages of this quality rarely come to the market."

The sale is being handled by Peter Constantine and John Coggins of the Avison Young leisure team and Chris Gore, Andrew Gibson and Alex John of the Avison Young investment team.

Offers are invited for the whole portfolio of freehold and leasehold interests.

SA Brain exchanged contracts with Marston's last year to operate 145 of its pubs in Wales after ongoing coronavirus restrictions placed Brains under significant financial pressure.

The group has around 200 pubs in total across Wales and the south-west.