WETHERSPOON has called time on 16 of its pubs across the country hoping to flog them to a new owner.
The affected pubs include 14 Wetherspoon branded pubs and two of the chain’s Lloyds bars.
They range from the Alexander Bain pub in Wick, Scotland to the Queens Hotel in Newport, Wales to the Isaac Merritt in Paignton, Devon.
While the pubs are up for sale they’re still open for orders as normal but they will be pulled from the Wetherspoon brand if they’re sold.
Wetherspoon wouldn’t tell us if it has any potential buyers lined up or why it’s chosen to flog these 16 outlets.
But we can only assume the pubs are among the chain’s least profitable.
Which Wetherspoon pubs are up for sale?
HERE’S a full list of the Wetherspoon pubs and Lloyds bars up for sale:
- Chapel an Gansblydhen, Bodmin, Cornwall (Lloyds)
- Brun Lea, Burnley, Lancashire (Lloyds)
- Vulcan, Coatbridge, North Lanarkshire
- Time Piece, Dewsbury, West Yorkshire
- Bourtree, Hawick, Scottish Borders
- Last Plantagenet, Leicester, East Midlands
- Queens Hotel, Newport, Wales
- Isaac Merritt, Paignton, Devon
- The Cross Keys, Peebles, Scottish Borders
- St George’s Hall, Redfield, Bristol
- Pennsylvanian, Rickmansworth, Hertfordshire
- Rhinoceros, Rotherham, South Yorkshire
- Butler’s Bell, Stafford, Staffordshire
- Friar Penketh, Warrington, Cheshire
- Dee Hotel, West Kirkby, Merseyside
- Alexander Bain, Wick, Caithness
More than 11,000 pubs have closed in the UK in the last decade, according to the latest data from the Office for National Statistics – a fall of almost a quarter (23 per cent).
As of December 2018, there were around 39,000 pubs left down from about 50,000 in 2008.
Wetherspoon reported pre-tax profits of £50.3million for the six months to January 27 in its latest trading results.
But that was down 19 per cent compared to the £62million the chain made over the same period last year.
The drop in profits was largely blamed on having to shell out more in staff wages.
Tim Martin, chairman of the pub chain recently said a No Deal Brexit would lead to lower drink and food prices.
But the budget boozer has come under fire after The Sun found it had hiked food and drink prices for the fifth time in two years.
We also reveal the most expensive Wetherspoon to a buy burger and beer deal – and it’s not in London.