High street chain JD Wetherspoon (more commonly known as Wetherspoons) has announced plans to close pubs across the UK, much to the disappointment of pub-goers. Wetherspoons is a go-to establishment for people looking to eat and drink on a budget, and is known for its low prices.
But now the pub chain has been forced to close several of its pubs and is selling off dozens more , confirmed CEO Tim Martin. The pub chain has suffered a huge £30million loss, and now 35 pubs up for sale are in city centres across England and Scotland.
All of the earmarked venues are being considered for sale individually, in small packages, or as a portfolio. While they are at risk of being sold off, the good news for punters is that all the pubs will remain open and continue to trade as Wetherspoon sites until they are sold, says the Mirror.