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Christie + Co markets Cougar Leisure estate

January 18, 2011

Acting on behalf of Nigel Atkinson of business rescue specialist Begbies Traynor, Joint Administrator of Cougar Leisure Limited, Christie + Co is marketing six pubs and bars spread across the North of England.

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

The sites are available individually or as a group.

In June last year, Cougar Leisure instructed Christie + Co to market 11 pubs and bars. Christie + Co 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 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.”

Christie + Co Business Intelligence

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