The boss of a Sheffield city centre restaurant, bar and brewery declared insolvent with debts of £1 million has taken to Facebook to explain the venue’s “severe difficulties” in a frank video.
Alex Barlow, owner and founder of the Sentinel Brewhouse in Shoreham Street, has revealed that unexpected building costs and a batch of stolen beer had contributed to the bar entering into a Company Voluntary Agreement – which means the venue will stay open and continue trading while talks are held with creditors in a bid to sort out its finances.
In the clip, posted on the bar’s Facebook page and which you can see HERE Mr Barlow said: “We find ourselves in a really difficult situation, a situation that none of us ever thought we’d…
Read the full article at: http://www.thestar.co.uk/news/watch-boss-of-sheffield-pub-declared-insolvent-with-1m-debts-makes-facebook-video-to-explain-venue-s-severe-difficultties-1-8591223
