These are the Revolution bars that are going to close as the firm strikes a deal to save the business in lockdown

One of Blackpool's best know nightspots looks set to be safe from permanent closure after its parent company negotiating a way out of financial problems.
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Revolution Bars has been saved by its creditors and landlords with 88 per cent voting in favour of a company voluntary arrangement (CVA) restructure plan, the business said.

The deal will see six sites close with the loss of around 130 jobs and turnover-based rents for two years at seven of the chain’s bars, with the remaining sites in the company’s stable continuing to trade, subject to lockdown restrictions.

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It means the Blackpool bar in Market Street has avoided the axe and can potentially reopen when lockdown rules are lifted in December.

Blackpool's Revolution bar looks safe as the parent company shuts six othersBlackpool's Revolution bar looks safe as the parent company shuts six others
Blackpool's Revolution bar looks safe as the parent company shuts six others

The bar reopened in October after shutting its doors in the March lockdown but was forced to close again just weeks later.

A post on the Blackpool Revs' Facebook page said: "We’ve absolutely loved being open and seeing so many of you eating out. Thank you to everyone who come down to support our business."

The six Revolution bars set to close are the America Square and Clapham High Street branches in London, alongside sites in Birmingham, Sunderland, Bath and Solihull.

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The seven sites which will have turnover-based rents with minimum rental thresholds for the duration of the two-year CVA period are Clapham Junction, Putney, Richmond, Bristol, Reading, Cheltenham and Stafford.

The subsidiary, Revolution Bars Limited, runs 50 sites across the UK and employs around 2,500 people.

Bosses said said they took the action as they expect the important Christmas period to be “severely compromised” and that it will not be possible to return to “near normal levels” before spring at the earliest.

They said comparative sales nationally had been bouncing back before the 10pm curfew was put into place in October, reaching nearly 78 per cent of last year’s levels in the three weeks before the restriction was introduced.

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However, since then sales fell to less than half of last year’s levels, at 49.4 per cent and now all bars are closed until December at the earliest.

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