El Coto Restaurants have acquired their fifth site – after buying a freehold in Durham for an undisclosed sum. Purchasers, Jo Bean and Tony and Claire Ewell, bought Ricarado's Restaurant at 117 Hallgarth Street and have converted it to a traditional Spanish cuisine and tapas restaurant. The trio already own four other restaurants in the Newcastle and Darlington areas. They are now looking to expand further into York and Leeds. The deal was handled by Christie & Co.

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