Letchworth Wetherspoon: The Three Magnets survives amid company closing 32 pubs
By Layth Yousif
28th Sep 2022 | Local News
Letchworth: National pub chain Wetherspoon has announced it is selling off 32 pubs across the country amid rising costs - but The Three Magnets at the Arcade survives.
Rising wages, staff and labour costs are said to be the reason behind the move.
The pub chain today, Wednesday (September 28) confirmed the 'commercial decision' after previously warning it could face losses of up to £30million.
In a statement, Wetherspoon spokesman Eddie Gershon said: "On occasion, Wetherspoon does put some of its pubs up for sale.
"This is a commercial decision.
"We understand that customers and staff will be disappointed with it. The pubs will continue to operate as Wetherspoon outlets until they are sold."
Stevenage's Wetherspoon, The Standing Order on the High Street, also avoided the cut, as did the Angel Vaults in Hitchin.
Full list of Wetherspoon pubs to close
Barnsley – Silkstone Inn
Beaconsfield – Hope & Champion
Bexleyheath – Wrong 'Un
Bournemouth – Christopher Creeke
Cheltenham – Bank House
Durham – Water House
Halifax – Percy Shaw
Hanham – Jolly Sailor
Harrow – Moon on the Hill
Hove – Cliftonville Inn
London Battersea – Asparagus
London East Ham – Miller's Well
London Eltham – Bankers Draft
London Forest Gate – Hudson Bay
London Forest Hill – Capitol
London Hornsey – Toll Gate
London Holborn – Penderel's Oak
London Islington – Angel
London Palmers Green – Alfred Herring
Loughborough – Moon & Bell
Loughton – Last Post
Mansfield – Widow Frost
Middlesbrough – Resolution
Purley – Foxley Hatch
Redditch – Rising Sun
Sevenoaks - Sennockian
Southampton – Admiral Sir Lucius Curtis
Stafford – Butler's Bell
Watford – Colombia Press
West Bromwich – Billiard Hall
Willenhall – Malthouse
Wirral – John Masefield
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