A Swindon Wetherspoons pub is officially under offer a year after it was put on the market.

The Sir Daniel Arms in Fleet Street was first put on the market in July 2021, before being taken off in December of that year.

Then in September 2023, the pub was listed again with Savills and a Wetherspoons spokesperson confirmed it would remain open pending the sale.

In the venue’s brochure, it appeared for £30,000 leasehold with agent Sposen Grosvenor and says that the turnover net of VAT for the last financial year was around £1.8 million for the pub.

Wetherspoon spokesperson Eddie Gershon said: “It is for sale and has exchanged but not yet completed. It will continue to operate as a Wetherspoon pub until sold.”

They did not wish to comment on how long the process would take or the future of the establishment.

(Image: Newsquest)

In 2023, Wetherspoon spokesperson Eddie Gershon said: “We can confirm that The Sir Daniel Arms, Swindon, has been put on the market by Wetherspoon.

“This is a commercial decision taken by the company.

“We appreciate that customers and staff will be disappointed with the news.

“The pub will remain open pending its sale.”

The Sir Daniel Arms is one of 17 Wetherspoon pubs that are up for sale, of which 14 are under offer.

The 14 Wetherspoon branches under offer are not guaranteed to be sold and could remain open if the sale falls through.

Otherwise, they will likely be closed in the coming months and repurposed or reopened as a pub under different management.

Tim Martin, businessman and the founder and chairman of Wetherspoons, said in the latest trading update: "The gradual recovery in sales and profits, following the pandemic, has continued in the current financial year.

"Total sales are, again, at record levels, with fewer pubs."

The company sold or surrendered the lease on 30 of its pubs this year, after closing 41 last year.

While dozens of Wetherspoons have shut, Martin said the chain hopes to open new branches as inflation finally eases. Sites in 130 towns and cities are being eyed up.

"People are happy to go out for a pint if you keep the price competitive. It’s not like buying a sofa," Martin told The Guardian in March.