A Swindon Wetherspoon pub has been withdrawn from sale over a year after it was put on the market.

A Wetherspoon spokesperson had confirmed that contracts were exchanged for the sale of the Sir Daniel Arms

They added it was under offer but did not wish to comment on how long the process would take to complete or what locals could expect for the future of the pub.

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

Read More: Uncertain future 'contracts exchanged' for £1.8m Swindon pub

But now the establishment has been taken off the market and will continue to operate as a Wetherspoon pub.

This is not the first time this has happened as the Fleet Street local was first listed for sale in July 2021, before being taken off the market in December of that year.

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

In September of this year, it appeared for £30,000 leasehold with agent Sposen Grosvenor in the venue’s brochure, which said the turnover net of VAT for the last financial year was around £1.8 million. 

Wetherspoon spokesperson Eddie Gershon said: “We can confirm that The Sir Daniel Arms pub is no longer for sale.

“The pub will continue to operate as a Wetherspoon.

“We are certain that both our staff and customers will be very pleased with the decision.”

(Image: Dave Cox)

The Sir Daniel Arms is one of 17 Wetherspoon pubs that had been put 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.

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."

Read More: Family-run garage serving Swindon for over 25 years goes up for sale

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.

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