Brothers grow their portfolio with acquisition of bar and restaurant

The brothers behind Leeds’ Roland’s bar have bought The Woods, an independent bar and restaurant venue in Chapel Allerton.

Owned by brothers Alexander and Jonathan Neil through parent company Palagander Ltd, the purchase of The Woods takes the pair’s portfolio of bars in Yorkshire to four.

The share purchase of The Wood’s was finalised earlier this summer, with Palagander receiving support from Blacks Solicitors and JFS Torbitt, alongside Azets and Milners, who represented the sellers.

The newly acquired site is set across three floors including a heated garden seating area and roof top balcony.

Jonathan Neil, company director at Palagander, said: “We’re really excited for our future at The Woods. The much-loved bar and restaurant has been a centre of the community in Chapel Allerton for years and presents a great opportunity for us to take on our first suburban project.

“It’s been a pleasure working with Richard and the team at Blacks, who have been a fantastic support in overseeing and completing this share purchase.”

He and his brother are aiming to revamp the venue to turn it into a go-to leisure destination in the north Leeds suburb, offering an eclectic menu.

The Neil brothers founded Palagander in 2014. Since opening their first venue, Roland’s, 10 years ago, the pair have gone on to establish the Domino Club in Leeds city centre, Roland’s Harrogate and Yorkshire gin and distillery, Wolfe Bros.

Richard Buono, partner in the Corporate team at Blacks Solicitors, added: “We’re happy to have supported Palagander Ltd in successfully completing its purchase of The Woods.

“It has been fantastic to work with Alexander and Jonathan, and the purchase will pave the way for their business to continue to grow and strengthen its offering across Yorkshire.”