Top British pub chain Wetherspoon has confirmed it has sold 11 of its iconic pubs – two of which have closed – with the future of 35 more in doubt.
And bosses of the company also announced that eight more have been sold off, as it attempts to lessen the impact the entire hospitality industry has felt since the pandemic first took hold nearly three years ago.
The chain also suffered a whopping £30 million loss last year, with food and energy costs soaring.
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Wetherspoon chairman Tim Martin said: “We estimate that supermarkets have taken about half of the pub industry's beer volumes since Wetherspoon started trading in 1979, a process that has likely accelerated following the pandemic.
“Unless the industry campaigns strongly for equality, it will inevitably shrink relative to supermarkets, which will not help high streets, tourism, the economy overall, or the ancient institution of the pub.”
The closures and sales will still leave the brand with more than 800 pubs in its portfolio, however.
The 35 pubs up for sale will remain operating under the Wetherspoon brand until sold.
The company has not confirmed exactly which pubs are closing, but the ones up for sale and already sold is as follows:
Up For Sale:
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The Butlers Bell, Stafford
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Worlds Inn, Romford
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Silkstone Inn, Barnsley
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Wrong ‘Un, Bexleyheath
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The Percy Shaw, Halifax
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Jolly Sailor, Hanham
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The Alfred Herring, Palmers Green
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The Moon & Bell, Loughborough
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The Widow Frost, Mansfield
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Resolution, Middlesbrough
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Foxley Hatch, Purley
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The Rising Sun, Redditch
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Sennockian, Sevenoaks
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Admiral Sir Lucius Curtis, Southampton
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The Colombia Press, Watford
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The Malthouse, Willenhall
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The John Masefield, New Ferry
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The Crosse Keys, Peebles
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Lord Arthur Lee, Fareham
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The Saltoun Inn, Fraserburgh
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General Sir Redvers Buller, Crediton
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Plough & Harrow, Hammersmith
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Thomas Leaper, Derby
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Cliftonville, Hove
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Tollgate, Turnpike Lane
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Asparagus, Battersea
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Millers Well, East Ham
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Hudson Bay, Forest Gate
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Angel, Islington
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The Billiard Hall, West Bromwich
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Capitol, Forest Hill
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The Bankers Draft, Eltham
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Moon on the Hill, Harrow
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The Bank House, Cheltenham
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Last Post, Loughton
Sold:
- Harvest Moon, Orpington
- Alexander Bain, Wick
- Chapel an Gansblydhen, Bodmin
- Moon on the Square, Basildon
- Coal Orchard, Taunton
- Running Horse, Airside Doncaster Airport
- Wild Rose, Bootle
- Edmund Halley, Lee Green
- The Willow Grove, Southport
- Postal Order, Worcester
- North and South Wales Bank, Wrexham
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