Food and Drink

Wetherspoons puts more pubs up for sale after shedding 30 already

Wetherspoons has put a further 11 pubs up for sale after shedding over 30 boozers in recent years.

The pub chain, rub by ardent Brexiteer Tim Martin, has been strategically culling the number of properties on its portfolios, with almost a dozen more set to go soon.

Earlier this year Martin spoke out about inflationary pressures on the business, saying the price of a pint could soon hit £8 and may even reach £10 in the coming months and years.

In 2019, he famously pledged to slash the price of booze in his pubs to an “unbelievably low” price if ex-PM Boris Johnson managed to leave the European Union successfully by October 31st.

A shortage of workers has been one of the factors behind a surge in prices.

The full list of 11 new pubs put up for sale is as follows:

The Pontlottyn, Abertillery
The Ivor Davies, Cardiff
Spa Lane Vaults, Chesterfield
The Gate House, Doncaster
The Market Cross, Holywell
The Regent, Kirkby in Ashfield
The Mockbeggar Hall, Moreton
The Hain Line, St Ives
The Sir Norman Rae, Shipley
The Sir Daniel Arms, Swindon
The White Hart, Todmorden

The properties are being sold by CBRE and Savills on behalf of Wetherspoons. Previously, the chain has said the pubs it’s putting up for sale often have another Wetherspoons nearby.

On the auction site, 19 pubs are still listed as available. Alongside the 11 above, it also includes:

Christopher Creeke, Bournemouth
Thomas Leaper, Derby
Lord Arthur Lee, Fareham
Plough & Harrow, Hammersmith, London
Jolly Sailor, Bristol
Resolution, Middlesbrough,
Rising Sun, Redditch
Sennockian, Sevenoaks

A further 15 are under offer, with one going for as low as £250,000 – The Widow Frost in Mansfield.

Related: Tory MPs have been paid nearly £350k for GB News appearances this year

Jack Peat

Jack is a business and economics journalist and the founder of The London Economic (TLE). He has contributed articles to VICE, Huffington Post and Independent and is a published author. Jack read History at the University of Wales, Bangor and has a Masters in Journalism from the University of Newcastle-upon-Tyne.

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