Living Ventures opens fourth site under New World Trading Company format

By Emma Eversham

- Last updated on GMT

Related tags: Liverpool

The Smugglers Cove at Albert Dock in Liverpool is the fourth site to open under the New World Trading Company format
The Smugglers Cove at Albert Dock in Liverpool is the fourth site to open under the New World Trading Company format
Living Ventures has opened its fourth venue under its New World Trading Company (NWTC) format at Liverpool's Albert Dock. 

The restaurant and bar, which Living Ventures co-founder Jeremy Roberts had said may be another Botanist,​ will open as specialist rum bar The Smugglers Cove on Thursday (14 November) following a £1m refurbishment of the 5,000sq ft site at Albert Dock's Britannia Pavilion. 

It will serve a selection of specialist rums alongside cocktails, craft beers and ales, Champagne and wine with its food offering to include dishes from the deli, rotisserie and barbecue and will host regular live music sessions.  

The Smugglers Cove follows NWTC bar restaurants The Oast House in Manchester and The Botanist in Leeds and Alderley Edge and joins Living Ventures' Gusto restaurant at Albert Dock. 

Success in tough economy

Living Ventures chief executive Tim Bacon said: “This is an exciting time for NWTC. Our current offering has proved to be a success in a tough economic climate and we feel Liverpool is the obvious choice for the next evolution of NWTC. Liverpool is a vibrant and exciting city and I believe The Smugglers Cove will be a great addition to what is already on offer at Albert Dock.”

Graham Cook, director of Albert Dock Company, said: “We are very pleased to welcome NWTC’s latest venue to Albert Dock. Its arrival will only further enhance the already fantastic selection of bars and restaurants we have on offer here. In its 25th year of regeneration, it seems very right that a new operation should open at the Dock. While we should celebrate the past, it’s always important to look to the future and bring exciting new venues for visitors to enjoy. 

“It is also encouraging to see Living Ventures have the confidence to open its second venture in Albert Dock Liverpool. As a place to set up business, Albert Dock continues to attract some of the biggest names in the hospitality trade, which is great news for both the estate as well as our visitors.”

NWTC, which launched last year and is backed by a £2.7m investment from the Hill Capital Partners Food & Beverage Fund, has a forecast turnover of £9.5 million for this financial year with an expansion planned for London next year.  

Related topics: Business, Restaurants, Pubs & Bars, Venues

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