JDW appoints agents to dispose of 32 pubs
The properties, which comprise a mix of 10 freehold and 22 leasehold units, are located in town and city centre locations across England and are being considered for sale either individually, in small packages or as a portfolio.
Paul Breen, director in the licensed leisure team at Savills, said: “Following the success of our earlier marketing campaigns for JD Wetherspoon, we are delighted to be launching these 32 properties to the market. These venues are well configured and fitted to a high standard, which will make them appealing to a broad range of potential buyers.”
Excellent mix
Toby Hall, senior director at CBRE, added: “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, the Midlands and north, we believe the pubs represent an excellent opportunity for existing pub operators and new entrants.”
JDW spokesman Eddie 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 properties on sale 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
