09:00AM, Friday 05 September 2014
Four pubs and a restaurant in and around Windsor have gone into administration, leaving the businessman who owned them 'facing homelessness'.
The River House Restaurant & Bar in Thames Side, Bar 51 in Peascod Street and the Royal Oak in Datchet Road, Windsor, along with the Royal Stag on the Green in Datchet and the Prince George in Eton High Street are all in the hands of administrators.
Their former owner Nick Long has a high profile in Windsor, with the River House becoming the first restaurant in the country to serve meat direct from the royal farms.
But in an email to the Express yesterday, Mr Long said he and his wife Denise now had significant debts after using their savings to bolster the business and pay staff.
"We have no money and face the possibility of being homeless," he added.
Mr Long had operated the Royal Oak for more than 26 years.
"They were our life, the pubs and staff were our passion. I worked seven days a week and the only day off I had this year was for a family funeral - we haven't had a holiday for years," he said.
"We invested everything we had into the business and three times this year we paid wages from our pension fund. There's nothing left, we've lost everything."
He explained he had been legally advised not to go into details about the collapse of his company, WPC Leisure, formerly WPC Inns Ltd.
But this week David Thurgood from administrators Menzies confirmed it was now running the bars and the restaurant.
He said there were no plans for redundancies, adding the plan is to sell them all.
"We want tourists and local people to continue using the businesses and in the meantime we will continue running them," he said.
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