Renaissance Pubs have sold off their Cinnamon Cay restaurant for an undisclosed sum, claiming the Battersea property did not match the ‘core identity’ of the rest of their estate.
The south-west London-based gastropub group currently operates five food-led pubs, The Stonhouse, The Abbeville, The White Hart, The Bolingbroke, which opened in Battersea in September 2008, and latest property The Avalon.
Steve Darbon, director of Christie Co, said the sale demonstrated the on-going demand for quality restaurant sites in the area. “Despite the tougher trading climate at present acquisitive restaurateurs are still actively seeking out opportunities that offer good trading potential and a sustainable income through a quality offering and continuing demand for eating-out alternatives from the local community,” he said.
The new owner of Cinnamon Cay plans to run the 45-cover restaurant with al fresco seating, as the Bangkok Boulevard.