Antic sites on the market as they hit administration

A number of former Antic pubs from across London are now on the market after the business entered administration.

Interpath Advisory’s Steve Absolom and Will Wright have been appointed joint administrators to Elflock Limited, Babel Silk Limited, Brocade Limited and De Gremio Limited which collectively operate 13 pubs and bars across the south and east of London as part of the Antic hospitality group.

The pubs, which continue to trade, include,The Antelope, SW17, Balham Bowls Club, SW12, Clapton Hart, E5, East Dulwich Tavern, SE22, Elephant and Castle, SE1, Hagen & Hyde, SW12, The Sun, SE5, Gremio de Brixton, SW2, Graveney & Meadow, SW17, Dogstar, SW9, Tooting Tram & Social, SW17, Red Lion, E11 and Coopers, SE19.

Interpath said that in addition, Babel Silk Limited owns a further three sites which were not operational at the moment.

The company said a number of the sites had struggled due to legacy issues stemming from the Covid lockdowns. On top of this, in recent weeks, winding up petitions had been lodged against both Elflock and Brocade.

Steve Absolom, managing director at Interpath Advisory, said: “This is an eclectic collection of well-known and popular pubs and bars located in prime sites across South London.

“The sites are expected to continue to trade as usual with the support of specialist trading agents at Licensed Solutions.”

He added: “We intend to bring these units to market in due course, representing a fantastic opportunity for investors and trade purchasers alike.”