JDW boss Tim Martin slams 'misleading' practices from property agents

JD Wetherspoon (JDW) chairman Tim Martin has attacked the practice of properties being sold at auction on the basis of inaccurate information.

In an auction with Allsop at The Dorchester Hotel, London, later this month JDW is described as the tenant of a property in Chesham, Buckinghamshire.

But Martin said: “JD Wetherspoon assigned the lease to another company approximately ten years ago and is no longer the tenant of the property. The information in the agent’s particulars is therefore misleading.”

He said a “similar misrepresentation” occurred when the freehold of the Tally Ho in North Finchley, north London, was recently sold at auction.

“On that occasion the agent described The Tally Ho as one of Wetherspoon’s busiest pubs, which was entirely inaccurate.

“Representations which are made to sell a property need to be accurate. Inaccuracies, as in the two examples mentioned, should not appear in agents descriptions,” he said.