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Explained in plain English

Who owns the buildings?

Wetherspoon typically owns the freeholds of its pubs, meaning they own both the building and the land it sits on. This is a key part of their business model, giving them control over their properties and avoiding rent increases, which can impact profitability as mentioned in the story regarding rising costs.

Stories that explain this

Wetherspoon to Open Up to 25 New Pubs After Sales Jump

Questions this opens up

What is a freehold? Do other pub chains own their pubs? How much does Wetherspoon pay for buildings?

Related explainers

Who owns Wetherspoon? Is 25 new pubs a lot? Where do new Wetherspoons open? Why are pints getting dearer? How strong is 'strong start'? Where do they get the money? Who owns historic buildings? Who actually owns Volvo Cars?

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