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The best UK rooftop bars and outdoor terraces to visit now and throughout summer


The best UK rooftop bars and outdoor terraces to visit now and throughout summer
With bars now open for outdoor service in England, these are the best to seek out over the May Day bank holiday
The Skylight Rooftop bar in London serves drinks with skyline views
Credit: Skylight Rooftop
Rooftop bars and outdoor terraces reopened on April 12, along with pub gardens, and now even larger groups can gather outdoors after restrictions were eased further on May 17.
The rule of six has been lifted outdoors for pubs and restaurants, meaning people can meet in groups of up to 30 in beer gardens or when dining al fresco. ....

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How will Nightcap fund Adventure Bar Group acquisition?


Nightcap has raised £10m through a share placing in order to further its investment strategy and to roll out its recent acquisition of Adventure Bar Group (ABG).
Nightcap, which also acquired the 10-strong London Cocktail Club in January 2021, has said it believes ABG has the potential to expand nationwide, in up to 40 locations.
The hospitality group, led by Sarah Willingham and Michael Toxvaerd, which announced the deal to acquire ABG earlier this month, had originally intended to raise proceeds of approximately £4m, but strong demand from existing shareholders and several new institutions saw this amount significantly oversubscribed.
Fundraising plan
It is raising the funds through two tranches – placing nearly 43.5m new ordinary shares, with Allenby Capital acting as sole broker. Nightcap is looking to fund the roll out of ABG’s Tonight Josephine, Luna Springs and Bar Elba brands. ....

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Property round-up: Adventure Bars, City Pubs, Inn Collection


Northern pubco the Inn Collection Group has added a 21
st​ site to its portfolio in the form of art deco site the Park Hotel at North Tyneside’s Longsands beach. 
The growing pub group – which boasts sites in Northumberland, County Durham, Teesside, Yorkshire, Cumbria, Lancashire and Wearside – completed on the 53-bedroom venue in an undisclosed deal. 
“We are absolutely delighted to be welcoming the Park into our pubs with rooms family,” managing director of the Inn Collection Group Sean Donkin said. “With its location alongside one of the UK’s most popular beaches and proximity to Newcastle-upon-Tyne, it’s a great fit with our brand, offering customers stunning places to eat, drink, sleep and explore from in outstanding locations across Northern England.  ....

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