The HMV store on Broadway, Bradford, is among 141 outlets to have been saved after the music chain was bought out of administration by resturcturing firm Hilco, it was announced today.

Hilco has bought HMV from administrator Deloitte, reportedly paying £50 million for the DVD and CD retailer. The deal includes 25 stores previously slated for closure.

The Bradford store, which has nine staff, is among several across Yorkshire to have been rescued, including those at the White Rose shoppng centre and The Headrow in Leeds, and stores in Harrogate and York.

The takeover by Hilco, which already owns HMV Canada, has saved a total of 2,500 jobs.

HMV had 223 stores across the UK, employing 4,123 staff, when weak consumer spending and intense competition from the internet and supermarkets forced it into administration in January.

Hilco chief executive Paul McGowan said the group spent weeks discussing fresh terms with landlords and suppliers, which all supported its plans to keep the chain on the high street. Hilco plans to replicate some of the success it has had with HMV in Canada, which it bought almost two years ago and is now "trading strongly".

Mr McGowan said: "The structural differences in the markets and the higher level of competition in the UK will prove additional challenges for the UK business but we believe it has a successful future ahead of it."