High-end Leicester City-Centre restaurant behind North42 Gin up for sale
Specialist business property advisor, Christie & Co has brought to market The North Bar and Kitchen in Leicester city centre’s West End, presenting a fantastic opportunity to acquire a popular, high-end restaurant in Leicester’s drinking and dining hub.
Set within an attractive heritage building along Hinckley Road, this stylish restaurant offers a modern British dining experience with a French twist. Along with its carefully crafted seasonal menus which hero fresh local produce and ingredients, the venue is renowned for its collection of 42 premium gins including its very own brand, North42 Gin, which was inspired by the restaurant’s best-selling cocktail, the Rhubarb Tumble.
Co-owners, Sally Davis and Joanna Betts have owned the property since 2014 and opened the restaurant in February 2015, after undertaking an extensive refurbishment of the entire building. They have now made the decision to sell due to relocating and developing their North42 Gin.
They comment, “Within our time at North we have steadily grown our business and reputation for quality food, cocktails, and service. We are certainly very proud of what we have achieved and feel honoured that our hard work has been recognised through several awards. The decision to sell is not an easy one but our North42 Gin brand is growing and requires our full attention, so we look forward to finding new owners to take the business forward.”
With a fantastic reputation for both its customer service and quality food and drinks, as well as the additional income of two times two bedroom flats above, the sale of The North Bar and Kitchen offers either an existing operator or first-time buyer a great platform to build on the success of the previous owners.
James Buist-Brealey, Hospitality Business Agent at Christie & Co, who is handling the sale comments, “I am very pleased to introduce this well-known and highly regarded restaurant, in the sought-after cultural hub of Leicester’s West End, to the market. Sally and Joanna have built a fantastic reputation throughout their years of ownership, for their high level of service and customer experience. The property and business, which includes two fantastic apartments, provides an exciting and rare opportunity for a new owner, who will hopefully continue to build on their success.”
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7227 0794 or E: bronte.hughes@christie.com
Contact the agent:
James Buist-Brealey, Business Agent – Hospitality
T: +44 (0) 121 452 3708 or E: James.Buist-Brealey@Christie.com
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