The administrators, Duff & Phelps, are currently reviewing the financial position of the Company and are working closely with Spirit Pub Company with a view to finding alternative tenants for the venues.
John Whitfield partner of Duff & Phelps, said: “It has been well publicised in the press that consumers discretionary spending has reduced and inevitably, the leisure sector has seen the impact of this.
“Under the current economic climate, the downturn in trade has exacerbated cashflow demands. With the support of the Brewery, the ten public houses will continue to trade under the supervision of the Administrators. We are confident that there will be a significant amount of interest."
The 10 pubs and taverns are as follows:
- Woodside - Crewe and Nantwich
- Wheatsheaf - Peterborough
- The Bayhorse - East Ardsley
- The Old Black Bull - Preston
- The Fox - Basford, Nottingham
- The Shakespeare - Manchester city centre
- The Black Bull - Rippon
- The Brass Cat - Halifax
- The Bell Inn - Coleshill, Birmingham
- The Long Barn - Slough