Fri, 27 May 2016 | COMMERCIAL PROPERTY
A popular Boscombe pub has been put on the market by JD Wetherspoon, reports the Bournemouth Daily Echo.
The Sir Percy Florence Shelley on Christchurch Road in the Boscombe area of Bournemouth was named after the son of poet Percy Bysshe Shelley and Frankenstein author Mary Wollstonecraft Shelley. It was originally opened in 1998, using the foyer of the Carlton Super Cinema — a structure built in 1931. However, this was demolished in the early 2000s and converted to the pub's current frontage.
Eddie Gershon, a spokesperson for JD Wetherspoon, said of the Sir Percy Florence Shelley sale: “Wetherspoon has put its pub in Boscombe on the market. We appreciate that our loyal customers will be disappointed with the decision.
“Like other companies, Wetherspoon has to take commercial decisions, which while beneficial for the company, might not always be welcome by customers. The pub will remain trading as normal until or if it is sold. There will be no job losses as a result of the announcement.”
The JD Wetherspoon group has appointed CBRE and Savills to handle the sale of a total of 45 pubs across London and the South of England, including that of the Sir Percy Florence Shelley. Each of the 45 pubs are being considered for sale individually, in small packages or as a portfolio.
A spokesperson for the joint agents said: “The portfolio represents an excellent opportunity to acquire high volume businesses with strong food sales in established locations which are fitted to an extremely high standard. We therefore anticipate a broad range of interest from pub, bar and restaurant groups.”
This is a unique opportunity to acquire valuable intellectual property assets from a well-established wholesaler with many years of experience in the discount food and non-food sector in the Midlands.
This is an opportunity to acquire a long-established specialist bakery business, supplying major UK supermarkets and boasting a fully equipped production facility with a skilled workforce.
Discover the rare chance to acquire a specialist UK supplier of marine engines and generators, noted for their leadership in the used marine engine market and hard-to-find parts.
17
|
Sep
|
Construction materials firm acquires civil engineering contractor | BUSINESS SALE
Fox Brothers Holdings, a private equity-backed construction ...
17
|
Sep
|
Assets and IP of non-HFSS bakery brand set to be sold in pre-pack deal | ADMINISTRATION
Urban Legend, a healthier sweet bakery brand, is poised to e...
17
|
Sep
|
Regional care home operator expands with double acquisition | BUSINESS SALE
Regional care home operator Maven Healthcare has expanded wi...
22
|
Sep
|
JD Wetherspoon announces latest portfolio of pubs for sale | COMMERCIAL PROPERTY
Pub giant JD Wetherspoon has announced the latest portfolio ...
29
|
Sep
|
Wetherspoons to sell 32 pubs as costs rise | COMMERCIAL PROPERTY
Pub chain JD Wetherspoon has announced that it will sell 32 ...
20
|
Jul
|
JD Wetherspoon seeks buyer for seven sites | COMMERCIAL PROPERTY
Pub group JD Wetherspoon is seeking a buyer for seven of its...
Business Sale Report is the complete resource for finding genuine acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.