JD Wetherspoon has announced it will sell 32 pubs in the United Kingdom due to rising costs.
The hospitality chain, which operates 800 pubs across the United Kingdom, stated that it has made the ‘commercial decision’ after previously predicting losses of up to £30 million.
Eddie Gershon, the company’s spokesman, said in a statement, ‘Occasionally, Wetherspoon does put some of its pubs up for sale. This is a business decision.
Due to rising costs, pub giant JD Wetherspoon has announced it will sell 32 pubs across the United Kingdom.
We anticipate that customers and employees will be disappointed. Until they are sold, the pubs will continue to operate as Wetherspoon locations.
The 32 properties, which include both freehold and leasehold units, will be marketed by Savills and CBRE.
Paul Breen, Director at Savills, stated, “Following the success of our previous marketing campaigns for JD Wetherspoon, we are thrilled to introduce these 32 properties to the market.”
These venues are well-designed and constructed to a high standard, making them appealing to a wide range of prospective buyers.
Which Wetherspoon pubs are the company planning to sell?
The following Wetherspoon locations are scheduled for sale:
Barnsley – Silkstone Inn
Beaconsfield – Optimism and Victory
Bexleyheath – Incorrect One
Christopher Creeke of Bournemouth.
Cheltenham – Bank House
Located in Durham – Water House
The Halifax-Percy Shaw
Hanham – Cheerful Sailor
Moon on the Hill in Harrow
Inn at Hove – Cliftonville
London Battersea – Asparagus
East Ham, London – Miller’s Well
London Eltham – Bankers Draft
London — Hudson Bay
London Forest Hill – Capitol
Hornsey, London – Toll Gate
London Holborn – Penderel’s Oak
London Islington – Angel
Palmers Green, London – Alfred Herring
Loughborough – Bell & Moon
Loughton – Final Report
Widow Frost in Mansfield’s Widow Frye
Middlesbrough – Settlement
The Purley – Foxley Hatch junction
Redditch – Sunrise
Sevenoaks – Sennockian
Southampton – Sir Lucius Curtis, Admiral
Stafford – Butler’s Bell
Columbia Press in Watford
West Bromwich – Billiard Hall
Malthouse – Willenhall
Wirral is a poem by John Masefield.