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New Wetherspoon could open in Kenilworth at site of former Poundland and create 60 jobs in £2m investment

Pub operator Wetherspoon is set to invest £2 million to open a new outlet in the centre of Kenilworth after a deal was agreed on a key property.

The former Poundland in The Square, Kenilworth, in the heart of the town centre, is set to open as a Wetherspoon pub, subject to planning consent and a premises licence being granted.

Wetherspoon will occupy all of the ground and first floor of the building, comprising 5,500 sq ft on each floor. The transaction was arranged via Leamington-based property consultants, Wareing & Company.

The building had been used as a Poundland store prior to it being closed in January 2020 and has remained unoccupied ever since.

Wetherspoon is expected to create 60 jobs in the Warwickshire town when it opens.

Wetherspoon spokesman Eddie Gershon said: “We are delighted to have purchased the site.

“We have enjoyed great success in the region and hope that our investment will act as a catalyst for other businesses to invest in Kenilworth.”

Bill Wareing, of Wareing & Company added: “It’s great to see a major national name like Wetherspoon investing in the heart of Kenilworth by purchasing this building. It’s a great location in the heart of the town with public car parks close by.

“Kenilworth still achieves a good level of town centre footfall compared to towns of similar sizes and this has proved attractive to Wetherspoons. This deal shows confidence in the high street post-COVID, and we are looking forward to seeing this enterprise open and attract more people to Kenilworth town centre.”

This was posted in Bdaily's Members' News section by Matt Joyce .