DCL Advises on New Loan Facility for Masterchef Host John Torode
April 7, 2011
Davis Coffer Lyons Valuation team has advised Barclays Corporate on a new loan facility for The Luxe, the restaurant concept of John Torode, host of BBCs Masterchef.
The new banking facility will support the possible roll out of restaurants under The Luxe format, which opened in Londons Spitalfields in October 2009. Torode also operate Smiths of Smithfield in Farringdon.
Barclays Corporates new banking facility will be used as working capital for the two current sites, but will also support the development a possible roll out strategy for The Luxe concept.
Davis Coffer Lyons Trevor Watson, advised Barclays Corporate.