Hammersmith's Bar 38 sold to Lala

by James Stagg, Thursday 26th August 2010 17:27

The leasehold interest of the Bar 38 in Hammersmith, London, has been sold to Lala Restaurants for an undisclosed sum.

Located facing Hammersmith Broadway shopping centre, Bar 38, which is currently closed, is housed in the ground floor and basement of a modern, purpose-built block.

The property, previously owned by managed pub company TCG, comprises a ground floor bar with capacity for 300 and a basement bar with capacity for 150.

Lala Restaurants plans to reopen the unit as a Mediterranean restaurant with between 150 and 200 covers, in mid-October.

It was sold by Christie & Co acting on behalf of TCG.

Daniel Arnold, director at Christie & Co, said: "We are delighted to have secured an experienced operator, who is returning to the restaurant sector, for this prominently located site and wish Lala Restaurants well with their new venture."

Earlier this year, Christie & Co sold the leasehold interests of the Bar Baja in Leeds and the Ivory Lounge in Edinburgh on behalf of TCG to JD Wetherspoon, for undisclosed sums.

Prezzo buys 11 Paramount Restaurants sites >>

Penn Street Taverns puts four pubs on the market >>

By James Stagg

E-mail your comments to James Stagg here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs

Looking for a new job? Find your next job here with Caterersearch.com jobs

Blogs on Caterersearch.com

Catch up with more news and gossip on all Caterer's blogs


For the latest hospitality news, sign up for our e-mail newsletters.

Featured video - for more, visit Caterer and Hotelkeeper’s YouTube channel >>

    Caterer and Hotel Keeper Jobs
    Most ReadLatest Articles
    Most ReadMost Viewed Articles
    Related Industry Resources
    Sign up to Caterer and Hotelkeeper
    Mobile Site
    Also on Caterer and HotelKeeper