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JD Wetherspoon ringfences £200m for new projects and refurbs over the next four years

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JD Wetherspoon is to invest more than £200m on its pub estate over the next four years.

The pub chain plans to invest the money developing new pubs and hotels as well as enlarging its existing pubs across the UK and Republic of Ireland.

The company anticipates that the investment will result in approximately 10,000 new jobs.

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The majority of the investment will be channelled into developments in small and medium sized towns, but will also include larger towns and cities.

These are set to include new pubs in Bourne, Waterford, Hamilton, Ely, Diss, Felixstowe, Newport Pagnell and Prestatyn.

It will also be investing in major cities including London, Dublin, Edinburgh, Glasgow, Birmingham, Leeds and Galway.

Although the chain has not gone into detail on how it will spread the investment, the addition of new sites will inevitably require it to embark on dedicated kitchen projects.

Refurbishments could also see improvements made to existing facilities.

Wetherspoon founder and chairman Tim Martin said: “We are looking forward to opening many more new pubs as well as investing in existing pubs over the next four years.

“We are especially pleased that a large proportion of the investment will be in smaller towns and cities which have seen a decline in investment in recent years.”

Wetherspoon operates 875 pubs and 58 hotels across the UK and Republic of Ireland and employs 44,000 staff.

Mr Martin has previously said the company is happy with the breadth of its menu and would focus on enhancing existing dishes rather than branching into new areas.

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Tags : JD WetherspoonPubsTim MartinWetherspoon
Andrew Seymour

The author Andrew Seymour

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