Byron secures two sites
The Tom Byng-led group Byron has further strengthened its openings pipeline by securing two sites. The group has lined up a site at the new Curve Development near Dalston Kingsland station in Kingsland High Street, as well as a site in the St. David’s shopping centre in Cardiff. Earlier this summer the group secured a new £12m banking facility, which will aid its goal of reaching 100 restaurants in the next three years. The group said the new facility, which is funded jointly by Santander and Royal Bank of Scotland’s Corporate and runs until 2021, is in addition to existing arrangements and will provide capital to support its future growth plans as it continues its national roll-out. In terms of a confirmed pipeline for 2016/2017, the group has so far secured openings in Farnham, Watford, Bath, Chelmsford, Harrogate, Ipswich, Reading and Worcester.
Full article via MCA Report.