Cougar Leisure to sell 11 pubs and bars

Brannigans owner Cougar Leisure is selling off 11 of its 14 pubs and bars for £5.7m.

Cougar Leisure, headed by Julian Sargeson, arose from the ashes of Herald Inns & Bars' pre-pack administration. Cougar's turnover​ was £15.53m last year.

The package, which comprises a mixture of freeholds and leaseholds, includes Cougar Leisure's Brannigans branded bars in Blackpool, Manchester and Romford, and its Mood branded units in Edinburgh, Liverpool and Newcastle.

Non-branded sites included in the package are the Berkeley in Wigan, the Boardwalk in Sheffield, the Townhouse in Whitley Bay, and the Spirit and the View, which are both in Manchester.

The sites are available individually or as a group. "This package features established venues, the majority of which are significant in size and located in prominent town and city centre locations," said Simon Chaplin, director at Christie + Co, which is marketing the properties.

"We therefore expect them to generate high levels of interest from national, regional and local operators plus local entrepreneurs."