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Morning Briefing for pub, restaurant and food wervice operators

Tue 30th Jun 2015 - JD Wetherspoon to sell 20 pubs
JD Wetherspoon to sell 20 pubs: JD Wetherspoon is to sell 20 pubs and has hired CBRE to handle the disposal. It is thought to be the largest package disposal by Wetherspoon in the past decade or so. The properties, which are being considered for sale either individually, in small packages or as a group, are located in prime town and city centre locations within England and Scotland. The outlets have strong exposure to London and the South with 14 of the 20 outlets located in these regions. Paul Breen, senior director in CBRE’s Specialist Markets team said: “It is extremely rare that a portfolio of this quality comes to the market with such a high concentration of outlets in affluent locations where opportunities are in scarce supply. As you would expect the units are fitted to a high standard significantly lowering the ingoing costs for any operator and we anticipate strong interest from a broad range of pub, bar and restaurant groups.” The pubs are as follows: The Almond Bank, Almondvale Boulevard, Livingston EH54 6HPl; The Assembly Rooms, Poplar Road, Solihull B91 3AD; Devonshire House, 2-4 The Broadway, Crouch End, London N8 9SN; The Edward Wylie, 107-109 Bothwell St, Glasgow G2 7JL; The Foxley Hatch, 8-9 Russell Hill Road, Purley CR8 2LA; The Gatehouse, 1 North Rd, Highgate, London N6 4BD; The Gatehouse, 1 Bird Street, Lichfield, Staffordshire, WS13 6PW; The Glass Works, Angel Central, Parkfield St, Islington, London N1 0PS; The Golden Lion, Cornhill, Ipswich IP1 1DB; The Isaac Pitman, Castle Place Shopping Centre, Castle Place, Trowbridge BA14 8AL; The Moon On The Square, 6 The Parade, Northampton NN1 2EA; The Moon Under the Water, 194 High Rd Balham, London SW12 9BP; The Oyster Rooms, Unit 3 First Floor, Fulham Broadway Centre, Fulham, London SW6 1AA; The Sennockian, 139-141 High Street, Sevenoaks TN13 1UX; The Swan Inn, High Street, Haselmere GU27 2HG; The White Lion of Mortimer, 125-127 Stroud Green Rd, London N4 3PX; The William Coppin, 2 Coppins Bridge, Newport, Isle of Wight PO30 2BX; The William Jolle, 53 The Broadway, Joel Street, Northwood Hills HA6 1NZ; The William Robert Loosley, 120-123 Oxford Road, High Wycombe HP11 2DN; The Windlesora, 11 William Street, Windsor SL4 1BB.

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