Eight outlets on the market following collapse of group
EIGHT Scottish outlets from the now defunct Bramwell Pub Company have been put on the market.
Bramwell, which operated 185 pubs and bars across the UK and employed more than 3000 staff, was placed in administration late last month.
New owners are currently being sought for 103 sites in Scotland, England and Wales.
The majority of the pubs are in prominent high street locations, which is proving attractive.
The eight Scottish sites – the Buccleuch in Dalkeith; the Cambus in Cambuslang; Cooperage in Elgin; Logie Baird in Helensburgh; The Malt Cross in Ayr; Queensberry in Dumfries; The Wallace in Paisley; and Cape in Stirling – are being sold by property agent Christie & Co on behalf of administrators Zolfo Cooper.
Currently, only the Queensberry in Dumfries, Wallace in Paisley, and Cape in Stirling are trading.
“The majority of the pubs are in prominent high street locations, which is proving attractive to the market already,” said Neil Morgan, director and head of pubs at Christie & Co. “Christie & Co has already received high levels of interest for pubs both north and south of the border from major pub companies, regional operators and independent groups, enquiring about single units or packages of pubs.”
There has been interest from pub companies and regional operators.
Zolfo Cooper was appointed to handle the company’s administration on October 31 and has been continuing to trade the majority of the estate.