Revolution Bars Group has exchanged contracts with real estate investment company Aprirose, landlord of nine of the chain’s sites, to surrender five leases of underperforming sites and to re-gear a further four leases.
Ed Sandall, Director at Fleurets, is instructed by Aprirose to sell the five properties.
Revolution Bars Group, the city centre bar chain with 57 sites, is headquartered in Ashton-under-Lyne, Greater Manchester. The bar brands trade under the names Revolution and Revolución de Cuba.
The company was founded by Roy Ellis and Neil Macleod, who opened their first bar in Ashton-under-Lyne in 1991, with nightclubs and a music venue following soon after.