Apartment’s £8.65m loan

Ready to grow: Apartment's Florita's Miami Bar, Newcastle
Ready to grow: Apartment's Florita's Miami Bar, Newcastle

Related tags Northumberland Old orleans

Apartment Group, the north east-based bar and restaurant company, is eyeing further growth in the region after a securing an £8.65m loan from the Co-operative Bank.

The 11-strong company, which is led by Duncan Fisher, recently acquired the Old Orleans in Sunderland — the third venue it has acquired in the last 12 months.

The group, which operates venues such as the Joiner’s Arms country pub near Alnwick, Florita’s Miami Bar in Newcastle and the As You Like It restaurant in Jesmond, is currently working on the multi-million pound redevelopment of the Newton Hall, in Newton-by-the-Sea, into a luxury wedding venue.

The firm, which reported turnover of £11m for its most recent financial year, is to re-open the Old Orleans in Sunderland under its As You Like It brand by the new year.

Related topics MA Leaders Club

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