THE Bees Knees pub in Accrington was boarded up this week after finally being sold by administrators to Blackpool-based Amber Taverns.
Amber Taverns, which already operates 30 outlets, has acquired 23 North West pubs which formed part of the managed pub estate of Cains Beer Company plc for an undisclosed amount.
Cains was placed into administration in August 2008. The following month it bought back the brewery along with nine pubs and since then the administrator has been seeking a buyer for the remaining 90 pubs.
Administrators Baker Tilly said the deal was expected to safeguard over 100 jobs but could not comment at this stage on when the St James Street pub, originally a 19th century coaching house, will be re-opening.
Clive Preston, chairman of Amber Taverns said: "This is a significant and tremendously exciting development for us as it almost doubles the size of our portfolio across the region.
"We’re planning to roll out an extensive refurbishment programme over the coming months.
"I believe this, along with our product range, will ensure we continue to buck the trend."
In January this year the famous giant bee was restored to the town centre’s pub frontage as part of a refurbishment, after it was returned by the owners of Oswaldtwistle Mills.