February 2nd, 2012

Living Ventures aims for £1m Michelin-starred restaurant

Restaurant and bar group Living Ventures today said it will be investing around £1m to create Manchester’s first Michelin-starred restaurant in the heart of Spinningfields.

Managing director Tim Bacon said his expansion plans include launching an ultra-fine dining establishment.

He said: “I’m not going to be reserved about saying that. It’s going to be an ultra-fine dining restaurant – a destination food-based space for locals and visitors.

“I want it to be somewhere very special. It will be the first time we go for Michelin and beyond, and that’s important because there’s no Michelin star restaurant in Manchester – and that’s just bizarre.

“It’s about time there was one and I make no apologies for that statement.”

The man behind the transformation of the bar and restaurant life in Spinningfields, having launched The Alchemist, The Oast House, Australasia and Peppermint Bay in the last two years, plans to open eight further outlets across the UK.

This includes introducing two new brands, another Alchemist in Manchester and an Australasia in London.

Around £8m will be invested in the new venues, creating around 400 jobs.

Living Ventures aims for £1m Michelin-starred restaurant

Knutsford-based Living Ventures, which owns the Gusto and Blackhouse brands as well as The New World Pub Company, Suburbia, and Red Door, wants to introduce more pubs and is launching The Botanist  in Alderley Edge following the success of the Oast House.

It will be based at  the former site of the Number 15 Wine Bar and will open this spring.

Mr Bacon said: “The Oast House in Manchester has established a very strong following in a short space of time so I’m confident we will achieve the same with The Botanist and bring No 15 back to life. "

*For a full interview with Tim Bacon, see the latest edition of Greater Manchester Business Week magazine. 

Tags: Australasia, Living Ventures, Manchester Evening News, Michelin Star, The Oast House
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Living Ventures is the proud operator of some of the most exciting brands in the UK restaurant and bar market.