Member Article

JD Wetherspoon acquires The Head of Steam in Liverpool’s Lime St

The Head of Steam in Liverpool’s Lime St railway station has been sold to JD Wetherspoon in an off market deal which concluded 17th December 2014.

This unit was retained by Carolyn and Tony Brookes when he sold the other seven units in the Head of Steam Group to Camerons Brewery in December 2013.

As part of the terms of the deal, the unit will now be renamed.

The deal increases JD Wetherspoon’s presence in Liverpool city centre to five units and is a vote of confidence in the city’s leisure economy.

Tim Martin of leisure property specialist Fleurets, who acted on behalf of JD Wetherspoon, says that this deal represented “not just an attractive, prominent unit but also, very favourable lease terms which were secured by the outgoing tenant in exchange for a hefty premium a number of years before”.

This was posted in Bdaily's Members' News section by Sophia Taha .