Retail entrepreneur snaps up Newport eatery
A popular restaurant formerly co-owned by ex-Wales rugby league international Richard Wallace has been bought by an entrepreneur whose family is behind a UK-wide shoe retail chain.
Wallace owned the 200-cover Junction 28 with head chef Jon West. It was sold by Christie + Co after six months on the market at a guide price of £875,000.
Businessman Ian Paver, whose family owns York-based retailer Pavers Shoes, stepped down from his full-time role at the footwear business earlier this year and now plans to move into the hospitality sector.
Nicholas Calfe of Christie + Co said: "We are pleased to see this iconic restaurant will be taken good care of and re-invested in by the new private owners."