Dundee-based SHK Property and Investments has invested more than £1 million under a unique partnership agreement with Gastro Taverns, the bar and restaurant group formed by managing director Julian Mobbs last August.

Under the terms of the agreement between the two companies, SHK will now develop its licensed trade property portfolio alongside Gastro Taverns’ expansion of its assortment of restaurants and bars.

The first deal struck between SHK and Gastro Taverns, concluded in just eight weeks, has seen SHK purchase two bar/restaurants, one in Aberdeen and one in Kirkcaldy, which have then been leased to Gastro Taverns for redevelopment.

Mr Hussain said, “Although both restaurants are already commercially successful operations, I am convinced that Gastro Taverns ...

Dundee-based SHK property and investments has entered the community and care sector with the acquisition of The Wendyhouse nurseries in a deal to be used as a springboard to accelerate the expansion of the brand from its Angus base throughout Scotland.

Purchased by proprietor Jill Culross five years ago, The Wendyhouse currently operates two nurseries, at Kirriemuir and Forfar. SHK has signed a sale and leaseback deal with The Wendyhouse designed to drive forward the development of a new purpose-built nursery in Forfar.

 
Tony Hussain, SHK managing director, said, “By providing The Wendyhouse with the capital it needs to expand at its desired pace, SHK has afforded its tenant the opportunity to develop her business, whilst accommodating her existing financial and administrative infrastr ...

Entrepreneur, restaurateur, property investor, developer, business angel, chef, screenwriter and occasional actor, Tony Hussain, managing director of SHK property and investments this month (February) launches his latest venture, Bollywood, a 175 seat buffet restaurant in Dundee’s Albert Square featuring a bar designed to look like the Taj Mahal, which will introduce organic Indian food to the city.

Enjoying a close association with Bollywood, having introduced Scotland to the industry in 1996 when he acted as host to various Bollywood producers, Hussain is currently in discussion with Bollywood director Nileish Malhotra about ‘Peace’, a film script he has written which combines a love story set within an environment of fundamentalist terrorism within the UK. & ...