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 ...