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Nightcap to open new London Cocktail Club in heart of City as AIM-listed bar owner expands

·1-min read
This week the Square Mile is welcoming many City workers back for the first time in 18 months   (Didier Madoc-Jones of GMJ / City of London Corporation’)
This week the Square Mile is welcoming many City workers back for the first time in 18 months (Didier Madoc-Jones of GMJ / City of London Corporation’)

Bar chain owner Nightcap is to open a new London Cocktail Club site in the heart of the City in the latest vote of confidence in the Square Mile's night-time economy.

The 1,500 sq ft bar will open later this year at 78 Queen Victoria Street and serve until 1am. Nightcap co-founder and former Dragon's Den star, Sarah Willingham, said: "Since the lifting of the Covid restrictions we have been impressed with the strong trading at all of our City sites in London.

“I am therefore delighted to announce the signing of this new bar by Mansion Housetube station as the next in a string of new sites being finalised for The London Cocktail Club."

The AIM-listed chain, which operates premium bars across London, Bristol and Birmingham and recently took over the Adventure Bar Group, said it is also in various stages of negotiations over opening five more sites around the UK.

It comes as Mayor Sadiq Khan urges businesses to highlight the fun of after-work socialising to help draw staff back to the capital's offices.

The Let's Do London Lates season includes late-night jazz and cabaret in the crypt of St Martin-in-the-Fields and a collaboration between the English National Opera and Fabric nightclub. There are also new "After Work Social" roundels in several Tube stations.

Meanwhile the City of London Corporation has told the Square Mile it must evolve to the new hybrid-working ecosystem.

Nighcap shares rose 1.25% on the update on Monday morning.

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