Live revision! Join us for our free exam revision livestreams Watch now

In the News

Sources of Finance - Sale of Assets | Pubs For Sale

Jim Riley

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.

Jim Riley

Jim co-founded tutor2u alongside his twin brother Geoff! Jim is a well-known Business writer and presenter as well as being one of the UK's leading educational technology entrepreneurs.

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.