Cougar Leisure to sell off pubs after entering administration

18 January 2011 by
Cougar Leisure to sell off pubs after entering administration

Cougar Leisure has entered administration and is to sell off its remaining six pubs and bars spread across the North of England.

The package includes a mixture of freeholds and leaseholds and features the Brannigans branded bars in Blackpool and Manchester, its Mood branded units in Newcastle, the Spirit and View sites in Manchester and the Boardwalk in Sheffield.

The sites are available individually or as a group and are being sold by property agents Christie & Co.

In June last year, Cougar Leisure put 11 pubs and bars on the market, also via Christie & Co. It subsequently sold the freehold of the Townhouse pub in Whitley Bay, North Tyneside, to Wear Inns, the North-east of England-based pub operator; the Berkley in Wigan to Amber Taverns; plus sites in Edinburgh, Liverpool and Romford to individual operators.

Simon Chaplin, director at Christie & Co, said: "These sites generated significant interest from a range of parties when they initially came on to the market. We currently have deals agreed on two of the six and expect renewed interest in the remaining sites in administration. These centrally-located sites will appeal to both national and established local operators alike."

Nigel Atkinson and Mark Fry, Begbies Traynor, were appointed joint administrators on 10 January 2011." target="_blank" rel="noreferrer">Cougar Leisure to sell off 11 pubs and bars >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

Blogs on Catch up with more news and gossip on all Caterer's blogs
Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking