Inside Wetherspoons pubs up for sale for £450k – they come with hidden features and cost the same as a London home

Picture of a Wetherspoons pub for sale. Image shows North and South Wales Bank interior TRIANGLE NEWS 0208 629 3622 // [email protected] By Iwan Stone WETHERSPOON pubs are up for sale for the same price as London flats - despite them being as much as 32 times the size. Wrexham city centre’s The North and South Wales Bank and Worcester boozer The Postal Order are both up for grabs for £450,000. Scaling this up, the pub would cost around £15 million had it been in Central London. *TRIANGLE NEWS DOES NOT CLAIM ANY COPYRIGHT OR LICENSE IN THE ATTACHED MATERIAL. ANY DOWNLOADING FEES CHARGED BY TRIANGLE NEWS ARE FOR TRIANGLE NEWS SERVICES ONLY, AND DO NOT, NOR ARE THEY INTENDED TO, CONVEY TO THE USER ANY COPYRIGHT OR LICENSE IN THE MATERIAL. BY PUBLISHING THIS MATERIAL , THE USER EXPRESSLY AGREES TO INDEMNIFY AND TO HOLD TRIANGLE NEWS HARMLESS FROM ANY CLAIMS, DEMANDS, OR CAUSES OF ACTION ARISING OUT OF OR CONNECTED IN ANY WAY WITH USER'S PUBLICATION OF THE MATERIAL*

PUB giant Wetherspoons have put a number of their branches up for sale for the same price as a London flat.

Prospective buyers can snap up the boozers for £450,000, despite them being as much as 32 times the size of similarly-priced homes in the capital.

Wetherspoons are selling off two of their pubs, each for the same price as a London flat

The Postal Order in Worcester is on the market alongside The North and South Wales Bank in Wrexham

The North and South Wales Bank in Wrexham, Wales and The Postal Order in Worcester, Worcestershire are both up for grabs.

Scaling up the price per square foot ration, the sites would be valued at around £15 million if they were residential properties in Central London.

The Wrexham building is a three storey period stone property with 8,696sq ft of space.

If prospective owners want to keep it as a pub, they’ll be pleased to know it sits on a well-established drinking circuit in the city centre.

The seating area, bar and beer terrace sit on the ground floor.

Upstairs the site boasts a commercial kitchen, plant room and kitchen.

There is also a cellar and stores below ground level, complete with a staff room and office.

Meanwhile, the Worcester Branch is a two-floor setup with 7,347sq ft of space.

It sits on a prominent corner of the city centre, next to an Odeon cinema and Buzz Bingo, as well as being near to Foregate Street station.

Wetherspoons are set to sell off more than 30 of its branches across the UK amid the cost of living crisis.

The pubs up for sale will remain open and trading as under the Wetherspoon brand until they are sold.

The sales are reportedly due to spiralling inflation pushing up bills for staff and product supply.

It comes after the company was warned it could face losses of £30 million earlier this year.

The pub chain saw like-for-like sales drop 1.1% in the five weeks to November 6 when compared with pre-pandemic trading in 2019.

Wetherspoon chairman Tim Martin said the firm remains “cautiously optimistic” despite the cost pressures hammering the hospitality sector.

He said he previously set out “various threats to the hospitality industry and these continue to apply”.

“Those caveats aside, in the absence of further lockdowns or restrictions, the company remains cautiously optimistic about future prospects,” he said.

Despite being up to 32 times bigger than a flat in the capital, the two pubs are just £450,000 each

They will remain open and continue to trade under the Wetherspoons brand until they are sold