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WETHERSPOON’S ANNOUNCES CLOSURE OF SEVEN MORE PUBS
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Jasper KingThursday 10 Nov 2022 10:35 pm
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There are around 800 Wetherspoon’s pubs in the UK and Ireland (Picture: Getty
Images
Wetherspoon’s will sell another seven pubs, taking the total number of venues
affected this year to 39.
It comes as the pub chain revealed slowing sales and said it is facing
‘substantially higher’ costs across the group.
The chain announced in September it was closing 32 of its venues but it has not
announced the location of the latest seven.
The venues would continue to trade until a buyer was found and if no sale can be
agreed then they will stay open as normal Wetherspoon’s.
Wetherspoon’s has seen like-for-like sales drop 1.1% in the five weeks to
November 6 when compared with pre-pandemic trading in 2019, having risen by 1.5%
in the previous nine weeks.
It said trading was ‘broadly’ in line with its expectations but October had been
a slower month.
‘Costs, especially in respect of labour, food and repairs, were substantially
higher’ in the first quarter, the group added.
Wetherspoon’s chairman Tim Martin said the firm remains ‘cautiously optimistic’
despite the cost pressures hammering the hospitality sector.
Wetherspoon’s closures across England
Wetherspoon’s closures in London
He said he previously set out ‘various threats to the hospitality industry and
these continue to apply’.
‘Those caveats aside, in the absence of further lockdowns or restrictions, the
company remains cautiously optimistic about future prospects,’ he said.
It is not just Wetherspoon’s which is impacted by cost increases as inflation
soars.
Pubs across the country have been knocked by a cocktail of staff demanding
higher wages and waning demand among cash-strapped pub goers.
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Mr Martin warned last month the group is facing a ‘momentous challenge’ to
persuade punters back into its bars after they got used to drinking cheap
supermarket beer during the pandemic.
Below is a list of the 32 known Wetherspoon’s pubs up for sale:
* 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
* Middlesbrough – 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
* Wirral – John Masefield
Get in touch with our news team by emailing us at webnews@metro.co.uk.
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