The 10 pubs facing closure as Lancs firm falls into administration
Written by Skywave Radio News on June 16, 2020
A number of popular Lancashire gastropubs are at risk of closure after the company behind them fell into administration following cash flow woes during the coronavirus pandemic.
It was confirmed yesterday afternoon (June 15) that The SeaFood Pub Company has ceased trading.
Staff were told of the bad news via a letter over the weekend.
The company was not eligible for the Coronavirus Business Interruption Loan (CBIL) leaving it in a vulnerable position following the closure of all its venues under lockdown rules announced on March 23.
The letter to staff said: “It is with a very heavy heart that I am writing to tell you that we have not been able to secure the funding needed for the business to survive.
“As we were not granted a CIBL, the next step was for us to try and raise funding from the bank and our investors.
“Whilst both were supportive, the investor fundraise failed, as did my subsequent management buyout attempt.”
“Without funding and no income since the forced closure, we have no choice other than for the business to go into administration.”
The following gastropubs in Lancashire and Yorkshire are run by The SeaFood Pub Company, and could be at risk:
- Assheton Arms at Downham, Clitheroe
- Farmers Arms at Great Eccleston, Fylde
- The Henwick at Claughton, Lancaster
- The Oyster & Otter at Feniscowles, Blackburn
- The Derby Arms at Longridge, Ribble Valley
- Barlow Mow at Barley Village, near Nelson
- The Alma Inn at Laneshawbridge, near Colne
- The Inn at South Stainley, Harrogate
The Fleece at Addingham, Ilkley, near Leeds
Forest at Fence, near Nelson
Founder Joycelyn Neve said: “We fought as hard as possible, every step of the way and I am just so sorry to all the team that we weren’t able to save the business.
“I can’t thank the team, guests, suppliers, neighbours and everyone who has been part of Seafood Pub Company enough, for your hard work, support and friendship the past nine years and especially for your kindness and well wishes in this incredibly difficult time.”