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The Botanist owner closes three further bars
By Lauren BowesAs part of a Company Voluntary Arrangement (CVA) that began in October 2024, the New World Trading Company (NWTC) has closed two of its Botanist bars and one further site in the UK.

The CVA was approved by more than 95% of all responding creditors, with three sites being immediately closed. These were the Botanist bars in Knutsford and Alderley Edge, as well as the Florist bar in Liverpool.
On 6 January, three further bars were closed: the Botanists in Coventry and Sheffield, and the North Light in Chester.
NWTC commented: “New World Trading Company launched a CVA in October 2024, which was approved by more than 95% of all responding creditors.
“As part of the successful CVA process, the business has announced a further three non-profitable sites will close during January.
“The business has undergone changes to its estate across the last 18 months including successfully rebranding The Club House, The Smugglers Cove, and The Canal House to The Botanist.
“NWTC has opened new locations under the Botanist brand in Edinburgh, Sunderland and Barnsley and will continue to expand in 2025 with a new Botanist opening in Bournemouth in May 2025.”
The group now operates 28 sites in the UK and plans to convert The Furnace in Sheffield to The Botanist in February 2025.
According to posts on Facebook, staff at the Botanist site in Coventry were not informed of the closure prior to it happening, despite the venue being listed on Rightmove. The Rightmove listing states: “Private and confidential – staff unaware”.
A spokesperson at NWTC said: “The care of our teams is our top priority, and it was of the greatest importance to us that our general managers and team members were kept informed of the CVA process, periodically. From October onwards, we had ongoing communication via in-person meetings, email, and online calls.
“Our site teams were made aware of the resulting closures as soon as possible upon conclusion of the CVA by operations managers. These meetings were conducted in person at the site, via telephone calls and online meetings, at the team’s convenience. We are working to relocate team members from affected sites into our neighbouring venues where possible and continue to offer support to those who this isn’t suitable for.
“We have been made aware that the property had been listed for lease prior to the conclusion of the CVA, by the landlord. We want to clarify that this action was unrelated to NWTC, and we understand how distressing this may have been and empathise with our affected team members.”
Last week it was revealed that bars in Britain outperformed pubs and restaurants in the run-up to Christmas.
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