Late Night Celebrity Hotspot Dstrkt Sold
May 1, 2018
Davis Coffer Lyons, the leisure property specialists, has completed the sale of the former Dstrkt bar on Rupert Street in Soho to well-established overseas operator for a substantial undisclosed premium and a passing rent of £800,000 pa.
The approximately 10,000 sq ft basement unit, which benefits from a 3am licence Monday Saturday, will now undergo a major refurbishment and plans to reopen later this year (2018).
Jonathan Moradoff, Director, Davis Coffer Lyons, said: We worked closely with administrator Quantuma to complete the sale of this closed venue and we are delighted to have secured a substantial premium. This is a fantastic property and we have no doubt that the new operator will make it a great success.