Belfast venues owned by CDC put in administration


The companies behind a popular chain of well known music venues and bars in Belfast has gone into administration.

John Hansen of KPMG was appointed administrator of pub chains CDC Leisure Ltd and Tarwood Limited on 15 June.

The business includes Auntie Annies, Katy Dalys, The Limelight and The Spring & Airbrake.

The administrator said the venues would continue to trade as normal while "we assess all potential future options".

The directors of the companies bought the venues for a reported £13m in 2007.

Rumours over the future of CDC Leisure began in January when a winding-up petition was filed against it, but the matter never went to court.

The venues are considered to be among Northern Ireland's premier music venues, regularly hosting gigs by both established and up-and-coming bands.

Oasis played one of their earliest concerts at the Limelight, while Jeff Buckley, Ash, Snow Patrol and Scissor Sisters have also perfomed there.

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