Some of London’s most iconic pubs could soon disappear after a major chain announced it is going into administration.
The Antic Hospitality Group, which runs a number of pubs across south and east London, has announced it can no longer deal with its debts, meaning it has to either sell off its assets, pay everyone off, or liquidate the business.
Some of the pubs, including the iconic Dogstar in Brixton, The Sun in Camberwell and the Clapton Hart in Clapton, have reportedly been struggling to stay afloat since the pandemic.
It is understood the bars will stay open and continue to trade while the administration process takes place.
Steve Absolom, the managing director of Interpath Advisory and joint administrator, commented: ‘This is an eclectic collection of well-known and popular pubs and bars located in prime sites across south London. The sites are expected to continue to trade as usual with the support of specialist trading agents at Licensed Solutions.
‘We intend to bring these units to market in due course, representing a fantastic opportunity for investors and trade purchasers alike.’
The full list of pubs is as follows:
This isn’t the first time Antic Hospitality has found itself facing financial trouble- in 2013, a subsidiary group called Antic Limited went into administration due to tax-related issues.
In that instance, all 13 pubs ended up being bought in less than a month.
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