Pub chain Marston’s Brewery announced that it will be selling 61 of its pubs across the UK. The company explained that the decision was taken after the soaring costs have greatly affected the sector and added it will focus on “maximising returns” of its core venues, The Caterer reported.
Marston’s Brewery pubs in the Midlands, Yorkshire, Sussex and Wales will be affected by the closures.
However, the restaurant will remain open until a buyer is found, and there is a chance that the new owner may choose to keep it as a pub.
The chain has experienced difficulties due to the rising costs this past year and the company decided to increase the price of a pint by 45p last year.
The news comes after Wetherspoon recently announced a number of closures and also increased food and drinks prices.
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Earlier this month, Wetherspoon confirmed more of its pubs would close after they were put up for sale.
The Cliftonville in George Street, Hove, and The Willow Grove in Lord Street, Southport, closed permanently and more venues are expected to shut down in the coming weeks. Currently, a total of 35 Wetherspoon pubs are on the market.
Pub chain Stonegate, owner of popular restaurants Slug and Lettuce and Be At One, also announced that is looking to sell some of its venues.
Restaurant Revolution recently confirmed that some of its bars will remain closed on Mondays and Tuesdays to save on energy costs.
