Wetherspoons buy pub next to Whitgift Centre in £4m deal
The George, now owned by Wetherspoons after a £4million transaction
The public house on George Street which has pictures on its wall depicting Croydon “Corruption” and “Regeneration” has been subject to a multi-million-pound property deal, potentially to take advantage of an uplift in real estate values because of the council’s Compulsory Purchase Order around the Whitgift Centre.
The Morning Advertiser is reporting that The George has been bought for £4million by JD Wetherspoon. This in the midst of a scheme, announced last year, for the chain to dispose of 33 of its pubs, many of them in the south of England. The group still owns more than 1,000 pubs around the country.
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