Loughborough Echo

Pub company shuts venues

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A company that owns village pubs across Leicesters­hire and elsewhere has shut five of its UK premises - but none of those affected are in this area.

RedCat owns pubs all over the country, including five in Leicesters­hire and one in Rutland.

The local RedCat pubs are the The Blue Bell in Rothley, The Curzon Arms in Woodhouse Eaves, the Windmill in Wymeswold near Loughborou­gh, The Langton Arms in Church Langton near Market Harborough and The Crown in Old Dalby, near Melton. It also owns The Lord Nelson in Oakham.

A section of the company, called RedCat Leased Pubs Ltd (RCLP), has gone into administra­tion and five of its pubs have now closed. The good news for Leicesters­hire and Rutland drinkers is that none of the local RedCat pubs are owned by that section of the company.

The pubs that will be sold are all down south - in Fulham, High Wycombe, Weybridge, Tonbridge and Kensington. Administra­tors Interpath Advisory made the announceme­nt on Thursday last week.

Nick Holloway, managing director at Interpath Advisory said: “RCLP comprises a group of pub sites in prominent locations, predominan­tly in London and the South East. Financial challenges have weighed heavily on the company in recent years which rendered it unable to continue in its current form.

“The administra­tion now provides a period in which we can undertake a marketing process to explore a sale of business and assets of the pubs either individual­ly or as a group.

“We expect interest from across the industry.

“Regrettabl­y, the financial position of the business means that five sites have now closed.”

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