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

Tasty sells Dim T More London site for £2m

02 January 2020 by

Wildwood operator Tasty has sold its Dim T More London site near London Bridge to an undisclosed party for £2m.

The money will go towards paying off the company's remaining bank debt, and to fund the group's refurbishment plans. A further announcement will be made on completion of the sale.

Tasty also reported that fourth-quarter sales were "in line" with expectations and, "with the continued assistance of landlords, the board remains confident that current market forecasts for the year ended 31 December 2019 will be achieved".

The group reported a reduction in losses after tax to £800,000 last year, following other site disposals and an operational restructure. The group is left with five Dim T restaurants and 51 sites under its Wildwood brand.

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.

close

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