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Wetherspoon acquires Head of Steam, Lime Street

By James Russell: Wetherspoon acquires Head of Steam, Lime Street

December 22, 2014

The Head of Steam in Liverpool’s Lime Street railway station has been sold to JD Wetherspoon in an off market deal which concluded 18 December 2014.

This unit was retained by Carolyn and Tony Brookes when he sold the other seven units in the Head of Steam Group to Camerons Brewery in December 2013. As part of the terms of the deal, the unit will now be renamed.

Tim Martin (a serendipitous name, given the Chairman of the client) of leisure property specialist Fleurets, who acted on behalf of JD Wetherspoon, says that this deal represented “not just an attractive, prominent unit but also very favourable lease terms which were secured by the outgoing tenant in exchange for a hefty premium a number of years before”.

For more information click here

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