Its closure led to Big Beat Holdings going into receivership. At the time, the established pub, club, restaurant and hotel business operated 23 licensed premises around the world. The sale also covers the range of Big Beat venues in Scotland, the recently-opened Media in Nottingham and the Australian Home in Sydney. The sale is likely to attract a great deal of interest from the leisure industry.
Sunday, 9 September 2001
Home nightclub in Leicester Square, London, has been placed on the market by KPMG, the receivers for Big Beat Holdings Ltd. Leisure specialists, Davis Coffer Lyons, have been appointed to dispose of the venue. The high profile club hit trouble earlier in the year when an undercover police investigation showed there was open and serious Class A drug dealing and usage taking place at the venue. Westminster Council immediately revoked its entertainment licence.