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Latest NewsGerry Calabrese buys Shoreditch bar(10 December 2007 17:07)Gerry Calabrese, the son of cocktail maestro Salvatore Calabrese, has acquired the Pool Bar, a late night venue in Shoreditch, London. Calabrese will now spend £1m on revamping the venue having bought the Pool for a £522,000 premium and a rent of £60,000. Davis Coffer Lyons sold the Pool on behalf of owner Raj Niyak of NPG Entertainments. Jonathan Moradoff, negotiator at the property agents, said: “We’ve noticed recently that there’s been a lot of activity in Shoreditch and Hoxton, with a large increase in demand from top operators to be in the area.” Salvatore Calabrese at Fifty >> Salvatore Calabrese website >> M&B sells two pubs for £1.7m >> By Christopher Walton Article continues below
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