Hotel entrepreneur agrees pre-pack deal for Manchester restaurant
A hotel entrepreneur has taken over the Manchester site of Vapiano as part of a pre-pack administration for the restaurant chain.
Naveen Handa, a director of Newcastle-based Cairn Hotel Group, has agreed a deal for the Corn Exchange site and has ambitions to develop a UK-wide franchise.
Pizza and pasta restaurant chain Vapiano had followed its German parent company into administration.
Allan Graham and Matthew Ingram of Duff & Phelps were appointed as administrators and agreed two deals as part of a pre-pack arrangement.
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