King’s Head Hotel liquidation will have “no impact on the operation of the UniBar”
After speculation on the status of UniBar following the liquidation of the King’s Head Hotel, it has today been revealed that business will continue as usual.
In late April, the King’s Head Hotel announced that they would be shutting their doors for the last time amidst financial troubles exacerbated by the COVID-19 pandemic. Both the King’s Head Hotel and UniBar are run by publican Gareth Lewis, in a joint operation with his company General Admission Entertainment.
Speaking with a spokesperson from the University, when asked about the continued operations of UniBar in light of the above information, On Dit was offered the following statement:
“The King’s Head going into Liquidation will have no impact on the operations of UniBar as they are separate businesses.
The University of Adelaide looks forward to the UniBar reopening. Once restrictions are lifted it will be business as usual, and students and staff will once again enjoy the excellent offering that the bar provides.”
This was further corroborated by Daniel Lopresti of Clifton Hall, the insolvency firm currently liquidating the King’s Head Hotel. Mr Lopresti spoke with On Dit, confirming that they were only liquidating the King’s Head, and that their appointment did not extend to either General Admission Entertainment or UniBar.
Previously, speculation surrounding the continued operation of UniBar was rife, with sources within the university suggesting that, prior to government lockdown, Lewis and his company had contemplated terminating their tenancy, citing dissatisfaction with the competition of the Royal Croquet Club on campus, as well as a decrease in overall revenue.
Rumours that the AUU were in talks to tender their interest in operating UniBar, as well take over from Lewis and his company have also been put to bed. A spokesperson from the AUU has today confirmed that they are “not currently in any discussions with the University in regards to the Unibar [sic].”
They did not however rule out the possibility of tendering for it in the future, stating that they “would consider doing so again if an opportunity arose.”
The UniBar, like all other licensed venues will remain closed for the foreseeable future, as per restriction imposed by the state government.
UniBar management was unavailable for further comment.
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