Oxford operator buys local cocktail bar and restaurant

19 December 2008 by
Oxford operator buys local cocktail bar and restaurant

Oxford's leading cocktail bar operator has bought his second site in the city with the purchase of the Sahara cocktail bar and restaurant.

The new owner, Julian Rosser, runs the Duke of Cambridge in Little Clarendon Street, which has served as the city's leading cocktail bar for more than 25 years.

The three-storey building can accommodate up to 120 customers across the 50-seat ground floor cocktail bar and the 70-seat first floor restaurant. Another 40 guests can be seated in the decked courtyard terrace outside.

The Milton Keynes office of Christie + Co sold the remainder of the 10-year, free-of-tie leasehold (which started in August 2003) off a guide price in the region of £35,000. Annual rent is currently £45,000.

By Angela Frewin

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