Colliers International has just announced that it has been instructed by Fat Cat Café Bars to dispose of six city and town centre bars around the country at a price in the region of £2 million.
The venues are located in Nottingham, Leicester, Derby, Bow (East London), Bangor and Frodsham in Cheshire, and include one freehold and four free-of-tie leasehold properties.
The Derby-based pub company, led by Matt Saunders, is currently trading ten units within the Fat Cat Café Bars brand, including eight high street bars and two gastropubs.
Ross Kirton, Director of Colliers commented:
“The Fat Cat brand has been established since the early 1990s and the sale offers the opportunity for either a roll out of the brand or possibly conversion to other mid-market food and drink concepts.”
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