Which pubs has JDW sold?

27-Jan-2023 - Last updated on 27-Jan-2023 at 11:06 GMT

Company results: JDW's trading update earlier in January revealed the group had sold a number of sites while more remained on the market (image: Getty/Image Source)

Pub behemoth JD Wetherspoon (JDW) has revealed where the 10 sites it has sold are, following information released in its results for the second quarter of its financial year.

In its most recent trading update, the pub group revealed it had opened two pubs and sold 10.

The sale resulted in a cash inflow of £2.9m and 35 sites remain on the market, making the current trading estate total 844 pubs.

Cautiously optimistic

The Morning Advertiser understands the remainder that are still for sale will continue to trade as JDW until or unless they are sold.

In the update, JDW chairman Tim Martin said he was “cautiously optimistic” about the company’s prospects for the financial year.

He added: “The biggest threat to the hospitality industry is the vast disparity in tax treatment between pubs and restaurants and supermarkets.”

Employer accolade

Just before Christmas 2022, the company revealed it was set to permanently shut three sites, which followed announcements that it had placed 39 venues on the market.

Moreover, earlier this month (January), the business was recognised by the Top Employers Institute as a Top Employer in the UK this year.

It was the 18^th time JDW had been certified by the Top Employers Institute – the independent organisation behind the accreditation.

Sold sites: