Pub operator JD Wetherspoon has appointed CBRE and Savills to handle the disposal of 45 of its pubs.
The properties, which are being considered for sale either individually, in small packages or as a portfolio are located in strong town and city centre locations within England, Scotland and Wales. Of the 45 pubs, 33 are being brought to the market for the first time. The outlets have strong exposure to London and the South with 23 of the 45 outlets located in these regions.
A spokesperson on behalf of the joint agents commented;
“The portfolio represents an excellent opportunity to acquire high volume businesses with strong food sales in established locations which are fitted to an extremely high standard. We therefore anticipate a broad range of interest from pub, bar and restaurant groups.”
The launch of the portfolio by JD Wetherspoon follows the successful sale of packages of pubs in recent months to operators including Amber Taverns, Brewhouse & Kitchen, Hawthorn Leisure, Stonegate and Urban Pubs & Bars.
For more information click here