Business As Usual After Top City Bars Bought Up ; N New Owner Is Silent On Suggestion of 'Pre-Pack' Deal

Summary


A hotel chain has acquired two upmarket city bars that were put into administration but has kept on the previous owner to run the businesses.

Utopia The Bar, in Church Street, and Epernay, in The Mailbox, have been bought by Cotswold Inns and Hotels after Utopia Inns plc, run by Tony Ashby, went into administration.

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Extract


Business As Usual After Top City Bars Bought Up ; N New Owner Is Silent On Suggestion of 'Pre-Pack' Deal

The Evesham-based hotel group bought the two bars in a deal that appears to have been brokered before Utopia Inns plc went into administration and bot...

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