Cougar Leisure goes into administration
Marketed through property agent Christie & Co, the sites include the Brannigans bars in Blackpool and Manchester, Mood in Newcastle, Spirit and View in Manchester, and Boardwalk in Sheffield.
All the sites are available individually or as a group.
The move comes just six months after Cougar instructed Christie & Co to market 11 pubs and bars, of which they sold the freehold of The Townhouse pub in Whitley Bay, North Tyneside, to Wear Inns, 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 onto 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.”
Begbies Traynor are currently handling the administration of the group.