Owners of Cambridge bar seek funding for two new sites

pint shop bar cambridge

The owners of Pint Shop in Cambridge, a bar specialising in beer, gin, bread and meat, are seeking £2million investment from leading hospitality figures to help them expand to two more sites.

Richard Holmes and Benny Peverelli have already raised over £600,000 from their original investors – in just one day – but are looking for more funds to open a flagship London site and a third in another UK city.

Richard said: “Our growth plans for 2015 are ambitious which is why it is crucial that we have the right funding in place.

“We’re lucky to have already received investment from a number of renowned industry figures, including Steve Wilkins, founder of Little Gems Country Dining, and we value the advice and support they have provided us with.

“With this in mind, we’ve decided to approach the hospitality sector directly again for investment, rather than turn to venture capitalists or crowd-funding.

“We think we offer an exciting opportunity for those looking to support a growing bar and restaurant business that offers something different.

“We enjoyed superb sales and critical acclaim last year and fully intend to build on this in 2015.”

Pint Shop (pictured) on Peas Hill, Cambridge, took its inspiration from the beer houses of the 1830s. As well as specially sourced beers from smaller breweries, it offers 60 gins, including a pea-based gin inspired by its location, made exclusively for the site.

In October, Pint Shop was named as one of the best places to drink in the east of England in the Observer Food Monthly’s annual awards. It was also a runner-up for best Sunday lunch.

Previous Bars join campaign to promote trying new beers in January
Next Bars go 'dry' for January with alcohol and a shot of vermouth