Administrators for Blackpool's Las Iguanas say they are still seeking buyers for the Prom restaurant

A South American restaurant on Blackpool’s Promenade has been spared closure after its owner said it plans to cut almost 2,000 jobs across the country after calling in administrators.
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Casual Dining Group, which ownes the Las Iguanas restaurant, said it would close 91 of its 250 restaurants.

The group is the owner of Bella Italia, Cafe Rouge and Las Iguanas eateries and has already announced that the Bella Italia on Chuch Street will not be reopening.

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The announcement still leaves around 4,050 workers at the company’s sites across the UK.

The Las Iguanas in BlackpoolThe Las Iguanas in Blackpool
The Las Iguanas in Blackpool

The Gazette contacted administrators Alix Partners after online rumours that it was closing down were sparked following the restaurant’s details being removed from the Las Iguanas website.

A spokesman said: “While we regrettably had to close some units at the point of administration we continue to seek buyers for all of those which were not included in that original tranche of properties.”

The board said that entering administration was in the best interest of stakeholders during the “extreme operating environment” it is having to trade through.

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It is looking for a new owner, but said that the administration would allow it to end negotiations with landlords, a “critical step” before finding a buyer.

Chief executive James Spragg said: “After reviewing all our options with advisers, it became clear that we needed to take this action in order to protect the business and secure the best possible future for Casual Dining Group as we look to conclude a potential sale.

“We are acutely aware of our duty to all employees and recognise that this is an incredibly difficult time for them. Working alongside the administrators we will do everything we can to support them through this process with a view to preserving as much employment as we are able to.”

It’s believed Epiris, the former backer of restaurant group TGI Friday’s, is in advanced talks to buy the group.

The Bella Italia on Corporation Street is not one of the restaurant's facing closure.

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