JD Wetherspoon has bought the freehold of Cabot 5 Bars, a leisure unit in Weston-super-Mare, Somerset, for an undisclosed sum.
Cabot 5 Bars is a Victorian property, comprising several four-storey buildings, which are occupied as a single unit.
It contains five bars, including Cabot Bar, Albany/Sports Bar and the Tudor Bar; a restaurant; and the Cabot nightclub. The leisure units are spread over basement, ground and mezzanine floors, with total capacity for around 770 people. Externally there is a 60-cover sun terrace plus further seating to the front of the business.
The sale was handled by property agent Christie + Co. Simon Chaplin, director at Christie + Co, said: "Cabot 5 Bars represents a one-off opportunity for an operator to acquire an established landmark business. We believe JD Wetherspoon is the perfect company to take this prominent and distinctive business forward."
By Neil Gerrard
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