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IN BRIEF: Nightcap to open new Cocktail Club in Cardiff in early May

7th Mar 2022 14:09

Nightcap PLC - London-based bar operator - Plans to open a further The Cocktail Club in Cardiff in early May. The Cocktail Club is a chain of bars. The latest club covers an area of around 3,400 square feet over three floors, has a 3:00 AM license Monday to Sunday and an unrestricted capacity of 220.

Nightcap has three new openings scheduled for this year.

Notes that it has a further 24 premises under offer or in legal negotiations and that it continues to see favourable market conditions for site acquisitions across the country.

"With our second venue in Bristol trading ahead of management's expectations since its opening in November and knowing that Cardiff is a vibrant city, our expectation for this new site is high," Chief Executive Sarah Willingham comments.

Current stock price: 15.80 pence, up 3.6% on Monday

12-month change: down 41%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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