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Bury St Edmunds: Club Brazilia To Close
Around 300 nightclub staff across the UK will be losing their jobs after the administrator of Luminar announced the closure of 11 loss-making venues, including Club Brazilia in Bury St Edmunds.
Luminar, which runs Liquid, Oceana and Lava & Ignite clubs in town centres across the UK, collapsed into administration last month after lenders refused to extend a recent period of leniency on its £90 million debts.
Administrator Ernst & Young said the closures represented an acceleration of a turnaround plan for the business and the clubs being closed had already been identified as "non-core''.
Club Brazilia in Bury St Edmunds currently employs 15 full and part time staff.
However, Ernst & Young said Luminar's remaining 65 clubs, including Liquid and Envy in Ipswich and Project in Norwich, will continue to trade as normal as the administrator seeks a potential buyer.
Alan Hudson, the joint administrator, added that the closures leave a core estate of profitable clubs which have attracted interest from a number of potential buyers.
The other clubs to close are in Brighton, Basingstoke, Wigan, Hemel Hempstead, High Wycombe, Northampton, Mansfield, Redditch, Sunderland and Swindon.
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