Jags restaurant and café bar in the centre of the Devon city of Exeter has been renamed Lily's Restaurant by new leaseholders Stephen and Amanda McCann.
Jags was a contemporary bar and restaurant in Fore Street, a short walk from the cathedral and main shopping area. A lock-up in a terrace, it comprised a 30-seat ground-floor café bar and a 50-seat dining room with a bar servery.
Lily's is a 60-seat restaurant with a French theme that aims to provide affordable fine dining.
Bettesworths sold the brand new, 21-year, free-of-tie lease off an asking price of £90,000. Rent starts at £35,000 a year.
By Angela Frewin