Little Venice Group buys Somers Wharf in St George’s
The Little Venice Group has made a major property purchase in the Town of St George.
The hospitality outfit has acquired Somers Wharf on Water Street, which houses businesses scattered along 150 feet of waterfront on the edge of St George’s Harbour.
Teresa Chatfield, director at Little Venice Group, said: “We are excited to have a presence in the historic Town of St. Georges and see great potential in this iconic part of Bermuda, especially with the recent opening of the St Regis Hotel in the East End.
“We have been in Bermuda for over 50 years and have seen the strength and resiliency of the island and know we have a unique product and location.”
She added: “This has been a very difficult time for our industry but we must continue to move forward and grow.
“We also continue to need enthusiastic, trained Bermudians and have just completed our pilot trainee programme and hired several young Bermudians.”
The property was sold as it is part of an estate that is being wound up.
David Summers, president of sellers Wilkinson Estates Ltd, said: “It will be rather sad to not be involved in St George’s any more. That’s our swan song.”
Terms of the deal were not disclosed.
The property was listed for sale by Rego Sotheby’s International Realty for an asking price of $1.65 million.
It includes 12,000 square feet of interior space, and covers an area of 0.39 acres.
Tenants on the site include Tempest Bistro, Davidrose Jewellery, Vera P Card, BruMae Caffe, St George’s Crown newspaper, the Bermuda Police Service community station, and Dragon’s Lair, a gallery.
The Little Venice Group said that a letter was sent to tenants advising the change of ownership.
The property west of Somers Wharf, beginning with the building that houses Davison’s of Bermuda, is owned by the Meyer Group of Companies.
The Little Venice Group operates restaurants Aurora, Blu Bar & Grill, Café Lido, Fourways, Harbourfront, L’Oriental, La Trattoria, Little Venice, Mickey’s Beach Bistro, Seabreeze Lounge and Terrace, and Sul Verde, as well as Café 4 and L’Oriental Express.