Popular city centre bar announces future plans as brand plans to appoint administrators
Revolution in Newcastle has announced its will remain open after the wider national brand said it plans to appoint administrators.
The Revel Collective, which operates Revolution bars, Revolucion de Cuba venues and Peach Pubs, said it filed a notice on Monday to appoint administrators in order to protect creditors.
However, the group stressed it remains in discussions over a potential sale and expects to make a further announcement in the coming days.
As part of the announcement, a series of bars across the UK will close.
A total of 21 sites across the country will close, although this will not include the popular bar on Neville Street.
Taking a prominent space on a key nightlife spot within the city, it will remain a part of the city’s famous nightlife scene for a while yet.
POsting to social media, the bra said: “ Today we say goodbye to a number of our fellow bars, and that’s not easy.
“We’re incredibly proud of the teams, memories and moments created in those spaces.
“While some doors have closed, ours remain open. We’re still here, and the party goes on.”
The same statement was released by the city’s Revolucion de Cuba venue on Cloth Market.
More than 60 venues could be affected if the company enters administration. It around three months after the group launched a strategic review and began a fresh sales process, according to trade publication The Caterer.
The Revel Collective was founded as a single bar in Ashton-under-Lyne in 1991 and has since expanded nationwide. It currently operates dozens of bars and gastropubs across the UK, mainly under the Revolution, Revolucion de Cuba and Peach Pubs brands.