Wetherspoon buys five Punch pubs

JD Wetherspoon has purchased five pubs from Punch Taverns for an undisclosed amount, the high street pub operator announced today.
 
The five pubs are the Aunt Sally in Sheffield, the Childwall Fiveways hotel in Liverpool, the Berkshire Tavern in Newbury, Berkshire, the Red Lion in Petersfield, Hampshire and the Black Horse in Northfield, Birmingham.
 
All five are due to reopen as Wetherspoon outlets in January following a £4m refurbishment programme.
 
The existing names of the pub will remain and all staff will be offered jobs with the new owner.
 
Wetherspoon chairman Tim Martin said: “We are pleased to have purchased the pubs from Punch and believe that they will be a great addition to our existing outlets.”

 
Food and coffee sales prop up profits at Wetherspoon >>
 
JD Wetherspoon signs up to government skills initiative >>
 
Wetherspoon to open six new pubs this month >>
 
Punch puts another 300 pubs on the market from its turnaround division >>
 
Four small businesses snap up 10 Punch pubs >>

 
By Daniel Thomas


E-mail your comments to Caterer News here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs
Looking for a new job? Find your next pub job here with Caterersearch.com jobs

<!--MPU-->