New sites for Fever Bars
The package, which takes Fever Bars’ estate to 20 sites, includes Groove in Swindon, Toko in Barnstaple, Devon, and Bliss & Malarki in Banbury, Oxfordshire.
The first two have been converted to Fever Bars’ Fever & Boutique brand, while the Banbury unit has opened as Fever & Moo Moo.
The sites are all leaseholds, and c.£750,000 has been spent on refurbishments.
Fever Bars’ operations director James Elias told M&C the company still has a list
of target towns and would consider acquisitions.
However, it would be concentrating on its core estate for the time being.
A strategic review was carried out at Yellowhammer Bars at the end of last year that saw its late-night venue estate reduced to 17 sites.
In February, a subsidiary, Yellowhammer Trading Ltd, was placed into administration with RSM Tenon.