JD Wetherspoon buys London site for £4m

By Nikkie Sutton

- Last updated on GMT

Deal: Tim Martin's JD Wetherspoon has bought a £4m pub
Deal: Tim Martin's JD Wetherspoon has bought a £4m pub

Related tags: Jdw pubs, Buckinghamshire, South east england, Jdw

Pub giant JD Wetherspoon (JDW) has bought the George pub in Croydon for £4m.

A JDW spokesperson couldn’t comment specifically on the deal, but confirmed the sale and the amount.

JDW announced in May it would dispose of 33 pubs​, with a large portion of the sales in London and the south.

Following this announcement, the pub group appointed property agents CBRE and Savills to sell five more of its properties​.

The move meant the large managed pub operator had 26 pubs on the market.

Package exchange

In the same month, Stonegate exchanged on a package of 10 JDW pubs​, including sites in High Wycombe, Buckinghamshire; North Finchley, north London; Torquay, Devon; Berwick, Northumberland; Walton-on-Thames, Surrey; Banbury, Oxfordshire; Cheadle Hulme, Manchester; Hull; Reading, Berkshire; and Newquay, Cornwall.

Earlier this year (February), JDW announced it will show calorie information on its menus and website​ for the first time.

JDW boss Tim Martin emphasised the importance of consumers being aware of what they are eating and drinking.

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Related topics: JD Wetherspoon

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