JD Wetherspoon puts pub portfolio up for sale

By
BE News Team

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Pub operator JD Wetherspoon has put six sites up for sale.

The properties, which comprise a mix of three freeholds/virtual freeholds and three leasehold units, are being considered for sale either individually, in small packages or as a portfolio.

The pubs for sale are: Water Gate, Barnstaple; Babington Arms, Derby; Baxter’s Court, Hackney; Kentish Drovers, Peckham; Grey Friar, Preston; and William Jameson, Sunderland.

Paul Breen, director at Savills, which has been appointed to market the properties alongside CBRE, said: “These substantial and well invested pubs are likely to appeal to a broad range of potential buyers.”

Toby Hall, senior director at CBRE, added: “The pubs are all in long established and proven trading locations making them ideal for both existing pub operators and new entrants.”

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