A key feature of the investment is the integration of energy-efficiency measures to improve the sustainability of pubs.
The store offers both indoor and outdoor seating, providing a comfortable setting for customers to enjoy their drinks and baked treats.
Nine of the newly acquired properties were formerly part of the Hotel Campanile portfolio and are spread across key business and leisure destinations including Birmingham, Bradford, Dartford, Leicester, Liverpool, Manchester, Northampton, Milton Keynes, and Swindon.
The company attributed this performance to a combination of economic and competitive challenges that affected consumer behaviour throughout the financial year.
The company has appointed property specialists Christie & Co to identify suitable franchise partners, primarily hoteliers, who can convert underused or existing hospitality spaces into Wetherspoon-branded pubs.
The new financing facility is available until August 31, 2028 to support Fuller’s expansion through acquisitions.