Hospitality giant JD Wetherspoon has made the “commercial decision” to put 32 of its pubs up for sale, two of which are in the North East.
The company, which operates more than 800 premises across the UK, previously warned that it could face losses of £30 million due to staff wages and repairs, StokeonTrentLive reports. There are only two North East pubs on the list, as opposed to nine alone in London.
Those are the Water House on North Road in Durham and the Resolution in Middlesbrough.
Read more: Beer prices likely to rise again as pound slumps to record low versus US dollar
JD Wetherspoon 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 Water House in Durham, one of 32 pubs that JD Wetherspoon has put up for sale
(Image: newcastle chronicle)
The venues are being marketed by CBRE and Savills, both of which specialise in commercial properties. CBRE senior director Toby Hall said: “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, Midlands and the north of England we believe the pubs represent an excellent opportunity for existing pub operators and new entrants.”
The 32 JD Wetherspoon pubs up for sale
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
Read next
https://www.chroniclelive.co.uk/news/north-east-news/wetherspoons-pubs-for-sale-durham-25121835
