March 13, 2014 matthew.fahey@gmail.com

SELSIAN ACQUIRE 4TH FOR DRAFTHOUSE

Draft House, the London-based pub concept founded by Charlie McVeigh, has secured its fourth site in the capital, the Black Cherry in East Dulwich, for an undisclosed sum.

The site is c2,200sq ft spread over the basement, ground and first floor and sits right in the heart of Lordship Lane.

The first Draft House was launched in Northcote Road, Clapham in November 2009 by McVeigh, the former owner of the Bush Bar & Grill, Woody’s nightclub and the Grand Union pub in London. The niche concept, which offers quality British food a diverse range of British and international beers, has since been rolled out to further sites in Battersea and near Tower Bridge.

Luke Johnson took a significant minority stake in Draft House last year, becoming chairman of the business in the process.