Mon 26th Sep 2022 - JD Wetherspoon places 32 pubs on the market JD Wetherspoon places 32 pubs on the market: JD Wetherspoon has placed a package of 32 of its pubs on the market. The properties, which comprise a mix of ten freehold and 22 leasehold units, are located in town and city centre locations across England and are being considered for sale either individually, in small packages or as a portfolio. The 22 leasehold outlets are held on standard commercial leases with an average unexpired lease term of 9.7 years. Current rent per annum ranges from £40,500 to £288,000. The pubs are being sold through CBRE and Savills. Paul Breen, director in the licensed leisure team at Savills, said: “Following the success of our earlier marketing campaigns for JD Wetherspoon, we are delighted to be launching these 32 properties to the market. These venues are well configured and fitted to a high standard which will make them appealing to a broad range of potential buyers.” Toby Hall, senior director at CBRE, said: “The excellent mix of locations in this portfolio is rarely seen in the market. With more than half of the portfolio located in London and the south east and other strong locations in the south west, Midlands and north, we believe the pubs represent an excellent opportunity for existing pub operators and new entrants.” The properties are as follows: Barnsley – Silkstone Inn; Beaconsfield – Hope & Champion; Bexleyheath – Wrong ‘Un; Bournemouth – Christopher Creeke; Cheltenham – Bank House; Durham – Water House; Halifax – Percy Shaw; Hanham – Jolly Sailor; Harrow – Moon on the Hill; Hove – Cliftonville Inn; London Battersea – Asparagus; London East Ham – Miller’s Well; London Eltham – Bankers Draft; London Forest Gate – Hudson Bay; London Forest Hill – Capitol; London Hornsey – Toll Gate; London Holborn – Penderel’s Oak; London Islington – Angel; London Palmers Green – Alfred Herring; Loughborough – Moon & Bell; Loughton – Last Post; Mansfield – Widow Frost; Middlesborough – Resolution; Purley – Foxley Hatch; Redditch – Rising Sun; Sevenoaks – Sennockian; Southampton – Admiral Sir Lucius Curtis; Stafford – Butler’s Bell; Watford – Colombia Press; West Bromwich – Billiard Hall; Willenhall – Malthouse; and Wirral – John Masefield.