Barrio Familia Group Watford Opening

RNS Number : 0208Z

Nightcap PLC

12 September 2022

 

12 September 2022

Nightcap plc

("Nightcap" or the "Company" or the "Group")

Barrio Familia Group Watford Opening

Nightcap (AIM: NGHT), the owner of The Cocktail Club, the Adventure Bar Group and the Barrio Familia Group of bars, is pleased to announce another new opening for Barrio in Watford, northwest of London.

The substantial ground and first floor character building is located at Bosley's, 107-115 The Parade, Watford, WD17 1LU and comprises a total area measuring approximately 7,825 square feet, in addition to a large outside terrace area.  It has a 01:00 am license Thursday, Friday and Saturday, a 12:00 am license Monday to Wednesday and a 23:30 pm license on Sunday. The venue will open later this year.

The new opening in Watford is the second new opening for Barrio Familia Group announced in recent weeks following the announcement of its Covent Garden opening and will be the second new opening since it was acquired by Nightcap, taking the total number of Barrio sites within the Group to six.

Nightcap now has 37 sites within its estate and a further 19 premises under offer or in legal negotiations for all its brands.

Sarah Willingham, Chief Executive Officer of Nightcap, commented:

"When we acquired Barrio Familia Group in November last year, we immediately highlighted the potential of the Barrio brand for growth and rollout both within and outside of London and I am delighted to see Barrio take its next step on that journey so soon after the announcement of its opening in Covent Garden, central London.

"Watford is a vibrant town with a limited night time offering but a captivated audience.  We are so excited to bring Barrio to the neighbourhood in response to the growing consumer demand for high quality hospitality offerings, without the added expense of travel into central London.  Our new Barrio is ideally located in the centre of Watford and is a perfect fit for Barrio with its vibrant and colourful mix of Latino-inspired drinks, music and atmosphere.  Who doesn't like margaritas and tacos?!"

For further enquiries:

Nightcap plc Sarah Willingham / Toby Rolph / Gareth Edwards	[e-mail]
Allenby Capital Limited (Nominated Adviser and Broker) Nick Naylor / Alex Brearley / Piers Shimwell (Corporate Finance) Jos Pinnington / Amrit Nahal / Tony Quirke (Sales and Corporate Broking)	[phone] www.allenbycapital.com
Bright Star Digital (PR) Pam Lyddon	https://www.brightstardigital.co.uk/ [phone] [e-mail]

 

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