JD Wetherspoon puts 32 pubs for sale across Britain in 'commercial decision'

JD Wetherspoon puts 32 pubs for sale across Britain in 'commercial decision'
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Tom Evans

By Tom Evans

Published: 28/09/2022

- 13:21

Updated: 14/02/2023

- 10:37

JD Wetherspoon said the move is a "commercial decision" after warning it could face £30million losses

The company has tightened its belt at a time of rising staff wages and repairs.

Spokesman Eddie Gershon said the pub chain understands that "customers and staff will be disappointed" but they had to make the move.

The venues will be marketed by commercial property specialists CBRE and Savills.

Mr Gershon said: "On occasion, Wetherspoon does put some of its pubs up for sale.

"This is a commercial decision. We understand that customers and staff will be disappointed with it.

"The pubs will continue to operate as Wetherspoon outlets until they are sold."

The 32 pubs are:

Barnsley – Silkstone Inn

Beaconsfield – Hope & Champion

Bexleyheath – Wrong ‘Un

Bournemouth – Christopher Creeke

Cheltenham – Bank House

Durham – Water House

Halifax – Percy Shaw

Hanham – Jolly Sailor

Harrow – Moon on the Hill

Hove – Cliftonville Inn

London Battersea – Asparagus

London East Ham – Miller's Well

London Eltham – Bankers Draft

London Forest Gate – Hudson Bay

London Forest Hill – Capitol

London Hornsey – Toll Gate

London Holborn – Penderel's Oak

London Islington – Angel

London Palmers Green – Alfred Herring

Loughborough – Moon & Bell

Loughton – Last Post

Mansfield – Widow Frost

Middlesborough – Resolution

Purley – Foxley Hatch

Redditch – Rising Sun

Sevenoaks – Sennockian

Southampton – Admiral Sir Lucius Curtis

Stafford – Butler's Bell

Watford – Colombia Press

West Bromwich – Billiard Hall

Willenhall – Malthouse

Wirral – John Masefield

CBRE senior director Toby Hall said: "The excellent mix of locations in this portfolio is rarely seen in the market.

"With more than half of the portfolio located in London and the south-east and other strong locations in the south-west, Midlands and the north of England we believe the pubs represent an excellent opportunity for existing pub operators and new entrants."

File photo dated 20/1/2009 of General view of a JD Wetherspoon pub. The pub chain has warned annual losses will be bigger than expected after ramping up wages to attract staff and spending heavily on repairs and marketing. The group said it is now expecting losses of around 30 million for the year to the end of July after investing in staff and the business to %22strengthen our position%22 for the new financial year. Issue date: Wednesday July 13, 2022.
JD Wetherspoon
Tim Ireland

Founder and Chairman of JD Wetherspoon, Tim Martin
Founder and Chairman of JD Wetherspoon, Tim Martin

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