Savills, on behalf a private client, has sold the Red Lion pub in Bitterne, Southampton to J.D. Wetherspoon for £650,000.  
 
The two storey pub is located in the centre of Bitterne close to the main retail parade with occupiers including Sainsbury’s, Poundland, Natwest and Iceland. JD Wetherspoon plans to extensively redevelop the site.
 
Adam Bullas, director of licensed leisure at Savills, comments: “We’re pleased with the sale of the Red Lion, which benefits from a prominent position in Bitterne. JD Wetherspoon currently have no representation across the River Itchen on the east side of Southampton and therefore see the potential to generate healthy returns in this location.”