The Cross Keys pub in Peebles – constructed in 1693 – has been placed up for sale with the aid of proprietors Wetherspoons, which means it can be near if a buyer is not located.
The old Borders training lodge – at the beginning, called Cleikum Inn – became a favorite hang-out of Sir Walter Scott and is featured in several of the enduring Edinburgh-born author’s novels. There’s a statue of the writer within the pub lawn.
And talking of ‘haunt’ – the ghost of the first actual landlady, Meg Dodds, is said to haunt the building.
Given the price range pub chain’s enormous popularity, you will be forgiven for wondering business is flourishing for JD Wetherspoon.
But profits at the United Kingdom-wide chain have fallen 18.9 percent to £50.3million inside the first half of-of this monetary yr as fees rocketed – especially labor, which accelerated through about £33million.
This is despite revenue growing 7.1 consistent with a cent to £889.6million and prefer-for-like income growing with the aid of 6 — three according to cent within the length.
As a result, the pub group is promoting sixteen of its websites throughout the United Kingdom – inclusive of one of the very oldest Wetherspoons pubs, The Cross Keys, at the start built-in 1693 as a metropolis mansion by using Walter Williamson of Cardrona.
Chairman Tim Martin warned charges would keep to upward push within the second 1/2, reviews the Daily Record.
He said: “As formerly indicated, expenses within the 2d 1/2 of the yr will be higher than those of the equal duration final 12 months.
The agency anticipates an unchanged buying and selling outcome for the current economic year.”
He brought inside the six weeks to March 10, like-for-like income extended by using nine.6 percent and total revenue jumped 10.9 according to the cent, helped by way of appropriate climate and favorable comparables.
In the primary 1/2 of the year, the enterprise opened new pubs and closed six, bringing its total estate to 879.
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