Administrators seek buyer for Halifax pub

Uncertain future: The Brass Cat
Uncertain future: The Brass Cat

A TOWN centre pub faces an uncertain future after administrators were called into its parent company.

The Brass Cat, Cheapside, Halifax, is part of Clover Taverns Ltd which runs 10 pubs.

A Brass Cat spokesman said it was trading well and above budget and is open as normal.

Administrators John Whitfield and Matthew Ingram, of Duff & Phelps have been appointed joint administrators.

They are currently reviewing the financial position of the company with a view to completing a sale of the business and assets as a going concern.

Mr Whitfield 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 10 pubs will continue to trade under the supervision of the administrators.

Mr Whitfield added he was confident that there will be a significant amount of interest.

The other pubs are in Crewe, Peterborough, East Ardsley, Preston, Nottingham, Manchester, Ripon, Birmingham and Slough.