Wetherspoon is selling 16 of its pubs

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Wetherspoon is selling 16 of its pubs



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.
Wetherspoon has put 16 pubs up for sale, including two 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.
BIG SPOONDERS Financial dominatrix reveals men buy her booze and food on Wetherspoons app ALE HAVE THAT Wetherspoons’ beer festival is coming back – and prices start at £2 a pint CHEEKY PINT How cheeky pub goers are using Wetherspoons’ app to get FREE drinks BREX-EAT Wetherspoons boss says No Deal Brexit would lead to lower drink and food prices ExclusiveBIG SPOONDER Budget boozer Wetherspoons hikes food & drink prices for fifth time in 2 years
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.
How cheeky pub goers are using Wetherspoons’ app to get FREE drinks

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