Bar operator Village London has sold one of its sites and lost one of its co-founders as it prepares to expand with a new restaurant and bar in September.
It has sold popular gastropub The Garrison (pictured) in Bermondsey Street, London, to The City Pub EIS Fund for an undisclosed sum, leaving it with nearby Village East and the Riding House Café in the West End.
The sale also marks the departure of Clive Watson who co-founded The Garrison with Adam White in 2003. Adam will continue as managing director of Village London which is due to open a bar and restaurant in the new Nova restaurant quarter near London Victoria station in September.
Clive, who has not been operationally involved with Village London since 2013, will continue to pursue new projects, including his newly opened all-day brasserie Blixen in Old Spitalfields Market and his vodka microdistillery, Our/London, which he is set to open in Hackney this summer.
In a joint statement, Adam and Clive said: “We were early in recognising the potential of Bermondsey Street as one of London’s hottest neighbourhoods when we opened The Garrison in 2003.
“Over the last 12 years, Bermondsey Street has become a significant location on the London restaurant map. We are proud to have been part of that change.”
The Garrison serves breakfast, lunch and dinner daily, with a rustic modern British menu that changes regularly according to the seasons. It also has a Cinema Room that accommodates up to 25 people seated and is available to hire for screenings and other events.
Leisure property specialist Shelley Sandzer acted for Village London.