Leading bar operator Eclectic is set to develop a new site in Liverpool for its tiki concept Lola Lo as part of its continuing growth.
With 21 bars, restaurants and clubs around the UK, the group has reported that trading for the 12 months to the end of June “is in line with the board’s and the market’s expectations”.
It follows the “successful” launch of a Lola Lo in Derby (pictured) in April and the new concept Dirty Blonde in Brighton in March as well as the addition of the Lowlander Grand Café bar and brasserie in Covent Garden to its estate in March.
The company has announced that it has signed an agreement to lease on an undisclosed site in Liverpool – one of its target cities for expansion – which it intends to develop into a Lola Lo during its financial year ending June 2015.
Subject to planning and licensing applications, it would bring the total number of Lola Lo units to 11.
The company has also announced the appointment of its operations director Lee Nicolson to the company’s board as an executive director and chief operating officer.
Lee, aged 37, joined the company in 2006 as area manager for the London area. His role developed to become national operations manager, and he was appointed operations director for Eclectic in 2010.
The company said that Lee had been “hugely instrumental” in the development and growth of the group and that his appointment to the new role would further strengthen the board.
Eclectic is also investing in extending and refitting the club and terrace space at its club Embargo in King’s Road, London, which will reopen towards the end of August. It has also achieved a significant extension of the venue’s lease to 2033.
The company is due to announce its results for the 12 months to the end of June 2014 on September 30.
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