JDW to shut three pubs permanently
The move follows recent announcements by the managed pubs and hotels operator that it has placed 39 pubs on the market.
The three sites set to shut are the Edmund Halley, in Lewisham, south London, which will close its doors on December 31; the Postal Order, in Worcester, set to serve its last pint on January 9; and the Willow Grove, in Southport, Merseyside, with an unconfirmed closure sate in early 2023. Further locations are reportedly set to close.
Mix of freeholds and leaseholds
In September, the pubco confirmed it was planning to sell 32 pubs after appointing CBRE and Savills to place the sites on the market.
JDW said it looking to dispose of 10 freeholds and 22 leasehold units.
At the time, 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.”
Encouraging interest
Last month, a further seven pubs were put up for sale as well with the same property agents.
Savills director Paul Breen said in November: “Despite the volatility in the current market, interest in the properties that went onto the market in September has been encouraging with terms now agreed for several of the sites. We expect these additional properties to be equally appealing.”
The pubs up for sale are:
Barnsley – Silkstone Inn
Beaconsfield – Hope & Champion
Bexleyheath – Wrong ‘Un
Bournemouth – Christopher Creeke
Cheltenham – Bank House
Crediton – General Sir Redvers Buller
Derby – Thomas Leaper
Durham – Water House
Fareham – Lord Arthur Lee
Fraserburgh – Saultoun Inn
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 Hammersmith – Plough & Harrow
London Holborn – Penderel’s Oak
London Holloway – Coronet
London Islington – Angel
London Palmers Green – Alfred Herring
Loughborough – Moon & Bell
Loughton – Last Post
Mansfield – Widow Frost
Middlesborough – Resolution
Peebles – Cross Keys
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