Point Blank Bar Chain Closes All Venues Following Liquidation

A popular UK bar chain, Point Blank, has abruptly closed all its venues following its entry into liquidation. The announcement, made on February 14, 2024, affects its three locations in Newcastle, Leeds, and Manchester, which gained a reputation for live sports screenings and a vibrant atmosphere.

The closure comes as a shock to many, particularly after the chain had recently promoted its Valentine’s Day specials. Known for its extensive selection of cocktails, beers, wines, and an Americana-inspired food menu, Point Blank had been a popular destination for sports fans and food enthusiasts alike.

According to The Sun, the decision to shut down was spurred by unforeseen circumstances, particularly the collapse of the landlord of the Manchester branch into administration. This situation resulted in the loss of the lease, which had significant repercussions for the entire business.

In a statement, the management expressed their deep regret, stating, “It is with a heavy heart that we announce that Point Blank Shooting has entered liquidation. This situation was completely unforeseen and beyond our control.” They noted that the loss of the Manchester venue had a “serious knock-on effect across the wider business,” leaving them with no viable options to continue operations.

The bar chain is currently working to address concerns from customers with existing bookings, indicating that they hope to resolve these matters as swiftly as possible. The management added, “Hopefully this is a see you later, not a goodbye,” suggesting a desire to possibly return in the future.

Point Blank, which opened its first venue in 2019, quickly became a hub for large crowds during significant sporting events. The closure of these locations marks a significant shift in the social landscape for many of its loyal patrons. As the situation continues to unfold, the management is focusing on communicating with customers and ensuring a smooth transition during this difficult period.