A popular UK bar chain, Point Blank, has abruptly closed all of its venues after entering into liquidation. The chain, which opened its first location in 2019, confirmed the immediate shutdown of its three sites located in Newcastle, Leeds, and Manchester. Known for attracting large crowds for live sports screenings, Point Blank also offered a diverse menu featuring cocktails, beers, wines, and American-inspired food options such as tapas, hot dogs, and pizzas.
The announcement comes as a shock to many, particularly given that the bar chain had recently promoted Valentine’s Day specials just days before the closure. In a statement, the company’s management expressed their deep regret, saying, “It is with a heavy heart that we announce that Point Blank Shooting has entered liquidation.”
Impact of the Closure
The decision to close was described as a result of unforeseen circumstances, particularly after the landlord of the Manchester venue entered administration, resulting in the loss of the lease. This development had a significant knock-on effect across the business, leaving the owners no alternative but to shut down operations entirely.
Point Blank’s management emphasized that they are working with relevant parties to assist customers who have existing bookings, aiming to provide clarity amid the sudden changes. They expressed hope for a potential future revival, stating, “Hopefully this is a see you later, not a goodbye.”
The closure of Point Blank highlights the challenges faced by hospitality venues in the current economic climate. As businesses navigate uncertainties, the fallout from such abrupt decisions can have far-reaching implications for employees and patrons alike.
The announcement has drawn attention from various media outlets, including The Sun, which reported on the situation, underscoring the impact of external factors on the chain’s stability. As the hospitality industry continues to adapt, the fate of Point Blank serves as a reminder of the volatility within the sector.
