French rugby star sells Cheltenham restaurant to first-time operators

Share this article

One of Montpellier Street, Cheltenham’s long-standing French restaurants,

Armagnac, has been sold by specialist restaurant advisers Christie + Co to
first-time buyers, who offer an extensive background and knowledge.

The regency town of Cheltenham, known for its racecourse, Pittville Pump
rooms and many other historic references will be home to a new- name,
new-concept restaurant in the former Armagnac. The restaurant will be
renamed Tarragon Restaurant and will move away from the modern French
cuisine to offer Montpellier with a fresh, casual fine-dining experience
with exotic meats, exclusive wines supplied by Tom I’Anson and
locally-sourced beers and ciders with a regularly changing menu.

The restaurant has been sold due to the increased commitments of the former operators, Olivier and Kate Azam, who are now based in France. Olivier Azam is a coach at French Top 14 rugby team Toulon and for many years was a front row forward at Gloucester RFC.

The Azams’ departure has opened the door to first-time buyers Sadek Ahmed and Tom Johnson. Both are experienced chefs with extensive CVs; Sadek comes with a background of restaurant management, which includes Café Rouge in Cheltenham, while Tom Johnson comes with a CV including Sous Chef at Café Rouge, Cheltenham and Chef De Partie at Grape & Olive, Swansea.

Prior to the acquisition of Armagnac, the business partnership were running
the Grape & Olive, Swansea for SA Brains and are extremely excited about
getting back to their home territory in Cheltenham.

Valerie Turner, restaurant negotiator for Christie + Co in the South West
says: “This sale is evidence that first-time buyers, as well as existing
operators, are in the market for restaurant businesses. Cities still remain
on the top of the list when it comes to restaurant requirements but we are
finding more and more people are looking for lifestyle opportunities in the
countryside as well, showing a great balance in the sector. Positioned
amongst independent retailers, coffee shops and restaurants, Tarragon
Restaurant will be a great addition to the area. This is a great opportunity
for Sadek and Tom given the location within Cheltenham and we wish them a successful future.”

The restaurant closed in May 2013 due to the pending sale and the new owners are re-opening Tarragon Restaurant on Friday 28th June 2013 from 6pm.

Source: Chrisite + Co

Similar Articles

Don't Miss

Covid pandemic hits women’s jobs hardest in UK

Working women have been found to experience far higher levels of redundancies during the Covid pandemic than in any previous recessions, according to the Trades Union Congress (TUC). Female redundancies in the UK hit 178,000 between September and November 2020, according to the TUC which is 76% higher than the peak reached during the 2007 financial crisis when female redundancy levels hit 100,000.

Jobs available in Croydon

The main employment sectors in Central Croydon are retail and enterprise. Also the area 'Purley Way' has many retail parks, outlet and malls making it a destination for shoppers looking for stores that carry the full range of products. Here there are many opportunities for sales assistants, consultants and store managers. IKEA Croydon brought many non-skilled jobs to Croydon and is the fifth biggest employer in Croydon.

Morris Leslie plant hire company rises from losing millions to investing £70m

Perthshire plant hire giant Morris Leslie was hit hard by the Covid 19 pandemic, however the company was struggling before that because of Brexit. Six months before Covid 19 shut down building sites and locked down the UK the company Morris Leslie has already experienced tough times. Uncertainty because of Brexit had already caused building projects to be shut down or paused causing a much lower demand for plant hires and sales. This slowdown had caused an oversupply of construction equipment meaning more competition and so reduced prices. Then Covid 19 hit and the group’s vehicle auctions and Sunday car boot market were shut down.