One of Preston’s most famous drinking holes will continue to trade despite its parent company going into administration.Advertisement
The pumps will keep being pulled at The Old Black Bull, on Friargate, according to its landlord Stan Eaton.
Mr Eaton, who has been the licencee since 1990, told the Lancashire Evening Post on Friday: “All I can say is it is everything as usual. It means that when they sort it all out I will be working for my ninth company.
“I have worked for eight different companies in this pub in 22 years and I am not worried because there is no way that they would close the Old Black Bull.”
The pub is currently operated by Clover Taverns, based out of Manchester, have appointed Duff & Phelps as administrators.
John Whitfield, partner at Duff & Phelps, said: “It has been well publicised in the press that consumers discretionary spending has reduced and inevitably, the leisure sector has seen the impact of this.
“Under the current economic climate, the downturn in trade has exacerbated cashflow demands. With the support of the Brewery, the ten public houses will continue to trade under the supervision of the Administrators. We are confident that there will be a significant amount of interest.”
The pub is a listed building and dates back to the mid 1800s.
What do you think about the news? Do you drink in the Bull? Let us know your views in the comments below
Image credit to Tony Worrall