25 January 2023 , 21:12
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JD Wetherspoon has sold 10 of its pubs and another 35 are still up for sale across the country, it has been revealed.
Back in September last year the company made the "commercial decision" to put a number of their sites up for sale following previous warnings due to rising staff wages and repairs.
The pub-chain, which is owned by Exeter-based businessman Tim Martin, originally put 32 of their sites on the market in a move they said would 'disappoint' customers and staff.
A few months later they then put a further seven pubs up for sale, bringing the total to 39.
The pub giant has now sold 10 of its sites and another 35 are also on the market, Devon Live reports.
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Wetherspoons pubs are up for sale all across the country (Devon Live/Google)
Tim Martin owns the pub chain (PA)A map of the pub locations show that they are spread out across the country.
Sold sites, marked by red pins, include pubs in northern Scotland, North Wales, North West, Midlands and the south.
They include:
- Airside Doncaster Airport – Running Horse
- Basildon – Moon on the Square
- Bodmin – Chapel an Gansblydhen
- Bootle – Wild Rose
- Lee Green – Edmund Halley
- Orpington – Harvest Moon
- Taunton – Coal Orchard
- Wick – Alexander Bain
- Worcester – Postal Order
- Wrexham – North and South Wales Bank
CBRE and Savills are marketing the venues (Bloomberg via Getty Images)The 35 remaining pubs, marked by blue pins, are located all over the UK.
According to the JDW Disposals website a number of the 35 pubs still for sale — marked below in bold — are currently under offer.
The sites on the market include:
- Barnsley – Silkstone Inn
- Battersea – Asparagus
- Bexleyheath – Wrong ‘Un
- Cheltenham – The Bank House
- Crediton – General Sir Redvers Buller
- Derby – Thomas Leaper
- East Ham – Millers Well
- Eltham – The Bankers Draft
- Fareham – Lord Arthur Lee
- Forest Gate – Hudson Bay
- Forest Hill – Capitol
- Fraserburgh – The Saltoun Inn
- Halifax – The Percy Shaw
- Hammersmith – Plough and Harrow
- Hanham – Jolly Sailor
- Harrow – Moon on the Hill
- Hove – Cliftonville
- Islington – Angel
- Loughborough – The Moon and Bell
- Loughton – Last Post
- Mansfield – The Widow Frost
- Middlesbrough – Resolution
- New Ferry – The John Masefield
- Palmers Green – The Alfred Herring
- Peebles – The Crosse Keys
- Purley – Foxley Hatch
- Redditch – The Rising Sun
- Romford – Worlds Inn
- Sevenoaks – Sennockian
- Southampton – Admiral Sir Lucius Curtis
- Stafford – The Butlers Bell
- Turnpike Lane – Tollgate
- Watford – The Colombia Press
- West Bromwich – The Billiard Hall
- Willenhall – The Malthouse
The pub chain reported a £30million loss last year (In Pictures via Getty Images)The sale of the venues is being handled by CBRE and Savills, who describe the properties as "a rare opportunity to acquire substantial, landmark public houses with a high standard of fit out in high profile locations".
Guide prices range from £1.25million to £350,000, while many of the sites are listed as offers invited.
A Wetherspoon spokesperson said: “Wetherspoon still has a number of pubs for sale. They will continue to trade as Wetherspoon pubs until they are sold.”
- The headline to a previous version of this article incorrectly stated that Wetherspoons was facing £30 million losses. In fact this loss related to the forecast for its previous financial year, which ended in July 2022. Wetherspoons has not started its forecast for the current financial year. We apologise for this error and are happy to set the record straight.