by Pub firm JD Wetherspoon has explained which pubs are for sale and are being offered as they continue to sell off sites. Earlier this month the pub giant reported like-for-like sales were up 5.8% in the 10 weeks to July 7, despite unseasonably wet weather.
In the past year, Wetherspoons has opened two pubs but sold or given up the lease on 26 pubs. There are currently four for sale and 14 for sale, according to CBRE and Savills, which are designed to deal with the sale of pubs that have been identified for disposal.
The companies said: “The properties include quality freehold and leasehold pubs in busy locations across the UK. This is a rare opportunity to acquire a substantial pub with a high standard of fit out in a high profile location. The properties, which are being considered for sale as a portfolio, in small packages, or individually, are located across the UK and will appeal to existing operators, new entrants or those seeking alternative use. subject to obtaining the appropriate consent.”
Pub currently for sale
-
Pontlotyn, Abertillery, Somerset Street – Freelance
-
Ivor Davies, Cardiff, Crowbridge Road East – Lease
-
Market Cross, Holywell, High Street, Ruils
-
Bingo Club, North Shields (undeveloped site)
Full list of JD Wetherspoon currently on offer according to CBRE and Savills:
-
Asparagus, Battersea, Falcon Road, Freelance
-
Wrong ‘Un, Bexley Health, Broadway, Leasehold
-
Gatehouse, Doncaster, Priory Walk, Ruils
-
Jolly Sailor, Hanham, Bristol, High Street, Freehold
-
Beggar’s False Hall, Moreton, Hoylake Road, Ruils
-
Alfred Herring, Palmers Green, London, Lease
-
Cross Keys, Peebles, North Gate, Freehold
-
Sir Normal Rae, Shipley, Victoria House, Royal
-
White Hart, Todmorden, Station Approach, Freehold
-
Purses Lane, Chesterfield, St. Mary’s Gate, Ruils
-
Lord Arthur Lee, Fareham, West Street, Royal
-
Regent, Kirkby in Ashfield, Diamond Avenue, Royal
-
Sir Daniel Arms, Swindon, Fleet Street, Leasehold
-
Hain Line, St Ives, Treganna Place, Ruilse
To view CBRE and Savills Wetherspoon pubs for sale click here.
Earlier this month Tim Martin made overtures to Rachel Reeves, as he blamed the previous government for failing to ease the tax burden on the struggling hospitality sector. He said: “The last government failed to implement tax parity between pubs and supermarkets, which led to pub closures and underinvestment.
“Wetherspoon hopes that the current Chancellor, with his Bank of England pedigree, will understand how many beans make five, and correct this imbalance.” According to financial figures in the year to date, Wetherspoons has two pubs open but 26 pubs have been sold or surrendered.
He added that 10 other trading pubs are on the market or being offered. The group, which currently has an estate of 801 pubs, said it has largely got rid of venues that are “smaller and older”, or where another site is close by.
At its peak, the pub firm had around 950 venues in 2015. Earlier this year, the company said it still hoped to meet long-term ambitions to grow to 1,000 venues despite a reduction in the size of its estate. The group revealed that it has new openings in Waterloo and Fulham Broadway stations in London, and in Marlow in Buckinghamshire planned for the coming months.
Wetherspoon pubs are known to have closed in recent years
-
The John Masefield, New Ferry
-
Angel, Islington
-
The Silkstone Inn, Barnsley
-
The Billiard Hall, West Bromwich
-
Admiral Sir Lucius Curtis, Southampton
-
The Colombia Press, Watford
-
The Malt, Willenhall
-
The John Masefield, New Ferry
-
Thomas Leaper, Derby
-
Cliftonville, Hove
-
Tollgate, Harringay
-
Last Post, Loughton
-
Harvest Moon, Orpington
-
Alexander Bain, Killy
-
Gansblyden Chapel, Bodmin
-
Moon on the Square, Basildon
-
Coal Orchard, Taunton
-
Running Horse, Airside Doncaster Airport
-
Wild Rose, Bootle
-
Edmund Halley, Lee Green
-
Willow Grove, South Port
-
Postal Order, Worcester
-
Bank of North and South Wales, Wrexham
-
Sir John Stirling Maxwell, Glasgow
-
The Knight’s Templar, London
-
Christopher Creeke, Bournemouth
-
The Water House, Durham
-
The Widow Frost, Mansfield
-
The Worlds Inn, Romford
-
Hudson Bay, Forest Gate
-
The Saltoun Inn, Fraserburgh
-
The Bankers Draft, Eltham, London
-
Sir John Arderne, Newark
-
The Capitol, Forest Hill
-
Moon and Bell, Loughborough
-
Furniture, Ferndown
-
General Sir Redvers Buller, Crediton
-
The Rising Sun, Redditch
-
The Butler’s Bell, Stafford – this has since reopened Davenports
-
Millers Well, East Ham
-
The Coronet, London
Wetherspoon said it was making a major change to hundreds of pubs next week. The vast majority of its 801 pubs across the country will be showing the Paris 2024 Olympic Games, which start on Friday, July 26.
A spokesman for the boozer said: “Wetherspoons pubs will be showing the Olympics. So, wherever your local area is, you won’t miss out on the events in Paris.”
Although the 33rd Summer Olympics will officially begin next Friday with the opening ceremony, events such as football will begin on July 24, and archery will begin on July 25.
