Forbes acts for Paul Heathcote over restaurants sale

News

11 May, 2016

Forbes' Corporate & Restructuring team has acted for celebrated chef Paul Heathcote over the sale of his two Preston city centre restaurants.

The Olive Press and Heathcote's Brasserie in Winckley Square have been purchased by Manchester burger and steak chain Solita.

Forbes, the largest legal practice in the North West outside the major cities, acted for Paul Heathcote's PH Restaurants (Preston) Limited in the sale of the Olive Press to Solita (Deansgate) Limited.

The firm's property team also assisted in the transaction.

The two restaurants are to be combined in a major refurbishment to create the biggest bar and grill in the Solita group.

Paul Heathcote opened his original Heathcotes restaurant in Longridge in 1990 and has been in Winckley Square since 1995.

Jenny Burke, a solicitor in the Corporate & Restructuring team at Forbes, said: "The name Paul Heathcote is synonymous with fine dining and great food and both The Olive Press and Heathcote's Brasserie have been a major part of the Preston restaurant scene.

"We are delighted to have been chosen to act for Paul on such an important and high-profile sale."

Paul Heathcote said: "Forbes and their team have advised me on a number of property transactions and acted on the Winckley Square property more than 20 years ago.

"I always found them very professional and thorough then as they have been now on this deal in 2016."

Back

Make an enquiry