JD Wetherspoon puts 45 pubs on the market
Pub and hotel operator JD Wetherspoon has appointed CBRE and Savills to handle the disposal of 45 of the company’s properties.
The sites, which are being considered for sale either individually, in small packages or as a portfolio, are located in town and city centre location within England, Scotland and Wales.
The company said the outlets have “strong exposure” to London, with 23 of the 45 sites located in these regions. Of the 45 pubs, 33 are being brought to the market for the first time.
A spokesperson on behalf of the joint agents said: “The portfolio represents an excellent opportunity to acquire high volume businesses with strong food sales in established locations which are fitted to an extremely high standard. We therefore anticipate a broad range of interest from pub, bar and restaurant groups.”
A spokesperson for JD Wetherspoon told Hotel Owner: “Wetherspoon, like other companies, has to make commercial decisions and this is one such instance. The company is still expanding, however from time to time we look at our estate to see if there are some pubs we wish to sell.”
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The properties for sale are:
- Banbury – Fleur-de-Lis
- Bathgate – James Young
- Berwick upon Tweed – Leaping Salmon
- Birmingham – Soloman Cutler
- Bootle – Merton Inn
- Boscombe – Sir Percy Florence Shelley
- Bradford – Sir Titus Salt
- Cheadle Hulme – King’s Hall
- Dagenham – Lord Denman
- Dartford – Paper Moon
- Didsbury – Milson Rhodes
- Ellesmere Port – Thomas Telford
- Forest Hill – Capitol
- Fulham – Oyster Rooms
- Hammersmith – Plough & Harrow
- High Wycombe – William Robert Loosley
- Hull – William Wilberforce
- Ipswich – Golden Lion
- Islington – Glass Works
- Lichfield – Gatehouse
- Lincoln – Forum
- Maidenhead – Greyhound
- Mansfield – Stag and Pheasant
- Milton Keynes – David Garrick
- Mitcham – White Lion of Mortimer
- Newbury – Diamond Tap
- Newcastle upon Tyne – Union Rooms
- Newport – Tom Toya Lewis
- Newquay – Cribbar
- North Finchley – Tally Ho
- Nuneaton – Felix Holt
- Putney – Railway
- Reading – Monk’s Retreat
- Rugby – Lawrence Sheriff
- Sittingbourne – Summoner
- Stirling – Proposed pub and hotel site
- Sunderland – Lambton Worm
- Swindon – Groves Company Inn
- Tamworth – Silk Kite
- Torquay – London Inn
- Trowbridge – Isaac Pitman
- Walsall – Imperial
- Walton on Thames – Regent
- West Kirby – Dee Hotel
- Worthing – Sir Timothy Shelley
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