Living Ventures is set to evolve its Blackhouse Grill restaurant and bar concept, which could lead to it becoming the group’s next roll out vehicle, MCA understands.
The group is currently consolidating its six-strong Blackhouse estate, having this week closed the Hale Grill, with a future focus for expansion set to be on city centre locations.
MCA understands that the group has lined up a new site opening for an evolved version of the concept in Liverpool for next year. It is thought that the launch of this site may also involve a new or tweaked name for the format.
It is thought that Living Ventures will look to repeat the successful formula it has used with New World Trading Co., The Alchemist and Gusto, with the evolved Blackhouse format, which would eventually lead to new investment and a management buyout of the concept.
Last month, Blackhouse committed to Bond Court in Leeds city centre after signing a 25-year lease extension.
The deal was made after Evans Property Group secured planning permission from Leeds City Council to create a new terrace, introduce elevation improvements and Bond Court public realm works, which amounted to around £1m.
s well as launching a new menu to coincide with the opening of the terrace, Living Ventures will also be undertaking some internal refurbishment works to integrate the new space.