JDW appoints agents to dispose of 32 pubs

By Gary Lloyd

- Last updated on GMT

On sale: Essex pub the Last Post in Loughton is one of 32 sites put on the market
On sale: Essex pub the Last Post in Loughton is one of 32 sites put on the market

Related tags Multi-site pub operators Pubco + head office Property Finance

Managed pubs and hotels operator JD Wetherspoon (JDW) has appointed property agents CBRE and Savills to sell 32 of its 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

Related topics JD Wetherspoon

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