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Property round-up: JDW, Red Mist Leisure


Pub giant JD Wetherspoon (JDW) has dismissed reports by 
The Guardian​ on 19 January that the operator is planning to “buy smaller pubs on the cheap amid Covid crisis and that it is targeting pubs in central London” as “completely untrue”.
JDW claimed that it operates pubs which are three or four times larger than average and rarely targets existing pubs in a news release on 22 January.  
While JDW highlighted that its press release on Tuesday said that the company is considering a number of properties in central London, the freehold reversion of pubs of which it is the tenant, and properties adjacent to successful pubs , it claimed that all the company s pubs in central London had other uses before Wetherspoon s occupation. ....

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Will Oxford Lamb Flag historic pub ever reopen?


A historic pub is to close after four centuries after the pressures of the pandemic rendered it unable to break even.
The Lamb & Flag in St Giles, Oxford, will close after poor trade in the past year, according to its owner Oxford University’s St John’s College.
The pub has served the city since at least 1566 and hosted historic figures including writers JRR Tolkien, CS Lewis and Thomas Hard. It is a Grade II listed building.
The Lamb & Flag (Oxford) Limited, “will close and cease operations at the public house on 31 January 2021,” the college said in a statement.
No comment ....

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