JDW to pump £6.6m into two new sites

By Nikkie Thatcher

- Last updated on GMT

New openings: both sites will see a combined investment of £6.6m
New openings: both sites will see a combined investment of £6.6m

Related tags: Jd wetherspoon, Property, Finance

Pub giant JD Wetherspoon (JDW) is set to begin development work on two new pubs in the next three weeks, costing £6.6m.

Work will start to build a new pub in Northallerton, North Yorkshire on Monday 28 September, with the venue set to open in March next year.

At the beginning of next month (Monday 5 October), development work will begin on a site in Headingley, Leeds, with this venue set to open in April 2021.The opening of both pubs will create more than 125 jobs.

JDW chief executive John Hutson said: “We are delighted development work is due to begin soon. We believe both pubs will be assets to their respective areas and hopefully act as a catalyst for further investment. We are confident both pubs will appeal to a wide range of people.”

Pub investments

This comes after the pub behemoth announced it was investing more than €21m (approximately £18.8m) into a new pub and hotel in Dublin, Ireland, while earmarking a further £12m​ for opening new pubs and refurbishments in existing sites - a total of around £30.8m.

The new site in Ireland will have 89 bedrooms, create up to 200 full and part-time jobs and will be named Keavan’s Port.

While there is no exact opening date for this venue yet, JDW said it is set to welcome customers “in the near future”.

In addition, in July this year, JDW also said it was investing in two sites in Crossgates, Leeds and Kingswinford in the West Midlands.

New site

The pubs being refurbished include sites in Salisbury, Wiltshire; Peterborough, Cambridgeshire; Stafford, Staffordshire; and South Shields, Tyne and Wear.

It also opened a new site in July after spending £2.6m developing the venue​. The Charles Henry Roe is on the site of a former doctor’s surgery and adjoining dental practice, previously occupied by the Leeds Co-operative Society, on Austhorpe Road in Leeds' Cross Gates suburb.

The name of the pub was suggested by the Transport Yorkshire Preservation Group and remembers a local bus manufacturer.

Related topics: JD Wetherspoon

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