A short article published in today’s Morning Advertiser, reports that J D Wetherspoon have placed 20 of their pubs on the market. The pubs concerned are all leasehold properties which, whilst mainly situated in London and the south, also include a handful in the Midlands, plus one in Scotland.
The sale is being handled by CBRE, who claim to be “the world’s largest commercial real estate services and investment firm”, and the properties are being considered for sale individually, in small packages or as a group. I have not, so far, seen an explanation as to why Wetherspoon’s are disposing of these outlets, although no doubt the company will issue a statement in the next few days.
|Sennockian - Sevenoaks|
One of these pubs, the Sennockian, is in nearby Sevenoaks. I am not familiar with any of the other pubs, but obviously know the Sennockian quite well. The pub is a shop conversion of what was previously a furniture shop. It is not one of Wetherspoon’s bigger outlets, but whilst it always seemed reasonably busy, I don’t think I have ever seen it heaving.
It will be a shame to see it go though as the Sennockian is definitely a cut above some other Spoon’s outlets; hardly surprising given its situation in one of the most affluent and upmarket towns in the south-east. It has also been quite innovative in its time, with several successful “meet the brewer” evenings, along with a number of “tap takeovers”.
My thoughts are with the staff of all these JDW outlets, who must obviously be concerned about their job security and future prospects.
Full details of the 20 pubs on the list can be found by clicking on this link to the Morning Advertiser.