Midlands-based Highgate Brewery went into administration last week with debts to the taxman in excess of £1m.

The Publican has learned the brewer was simultaneously sold in a pre-pack deal for £80,000 by administrator Bob Gibbons of the firm Arrans to two property developers.

The move came after the Walsall-based group got into financial difficulties, including unpaid excise duty of more than £1m.

The business, renamed Highgate & Davenports Brewery Limited, has been bought by Simon Toon and David Lindol, described by Companies House documentation as property developers.

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