In the News
Sources of Finance - Sale of Assets | Pubs For Sale
28th September 2022
JD Wetherspoon's has announced the sale of 32 of its 800 pubs.
Yahoo Finance has the full list of pub assets that have been put on the market - is your local on the list?
The pubs are a mixture of freehold assets and leasehold properties, so the value they will fetch from potential buyers will vary.
However, the net receipts from the sale will be useful cash inflow for JD Wethersoon's, which has recently reported that it is expecting to incur significant losses this year.
As with all sales of assets, this source of finance is a one-off. And some of the pubs may also have been profitable, so Wetherspoons will no longer benefit from those profits in the future.
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