All Economics articles – Page 47
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News
Heathcote puts flagship restaurant up for sale
Paul Heathcote, the founder of North West-based dining group Heathcotes, has put his flagship Longridge Restaurant in Preston up for sale with a freehold asking price of £595,000.The 90-cover restaurant and bar, which was Heathcote’s first outlet launched around 20 years ago, is located in the Ribble Valley in Lancashire. ...
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News
Naru opens on Shaftesbury Avenue
New Korean operator Naru has bought the remaining leasehold interest of Bon Gusto - a Shaftesbury Avenue restaurant.Shelley Sandzer sold the site for premium of £85,000.Naru is due to open in March and has been taken on a 20-year lease term from 1994 at a passing rent of £30,000.The 1,150 ...
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News
Martin sells shares to repay loan
JD Wetherspoon chairman Tim Martin has sold £1.5m worth of shares to repay a bank loan following a positively-received trading update.Martin sold 500,000 shares at 309.5p each and will use the collateral to pay off a loan from RBS.RBS will return 3.6 million of Martin’s shares that it was holding ...