Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

Patisserie Valerie moves closer to 50 sites

20 September 2011 by
Patisserie Valerie moves closer to 50 sites

Patisserie Valerie has moved closer to 50 outlets, after the upmarket café operator acquired a new site in Hove, East Sussex.

The deal, brokered by Davis Coffer Lyons, sees the firm take the ground floor on a four-storey building from former occupier, Brighton-based restaurant and coffee shop the Real Eating Company, which is rationalising its portfolio to focus on its café and deli business.

A premium was paid for the assignment of the 15-year lease, which runs from August 2003, at a passing rent of £37,000 per annum exclusive.

Patisserie Valerie is also set to open a further site at Birmingham Pavillions shortly. It has grown its number of sites by 50% in the past 12 months and is now operating almost 50 stores in England.

Patisserie Valerie's owner, Patisserie Holdings, is backed by Luke Johnson's Risk Capital Partners.

Luke Johnson acquires majority stake in Ego Group >>

Luke Johnson acquires another patisserie chain >>

Patisserie Holdings plans rapid expansion >>

By Neil Gerrard

E-mail your comments to Neil Gerrard here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs

Looking for a new job? Find your next job here with Caterersearch.com jobs

Blogs on Caterersearch.com ](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-newsletters](http://www.caterersearch.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.


Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking