Pub operator JD Wetherspoon has 10 pubs on the market or under offer, having sold or given back to the landlord 26 sites in its current financial year.
In a trading update ahead of results due on 4 October, the company said it has shuttered “smaller and older” pubs, as well as those that had a second pub “in reasonably close proximity”. There was a net cash inflow of £8.7m from the disposals.
Chairman Tim Martin said: “We are also continuing to open new pubs, with openings in the next few months, for example, in Waterloo and Fulham Broadway stations in London, and in Marlow in Buckinghamshire.
