YORK shoe retailer Ian Paver has acquired a restaurant in Wales as he looks to step into the hospitality industry.
Mr Paver runs York-based Pavers Shoes along with his two brothers, but stepped down from his full-time role at the footwear business earlier this year.
He has now acquired 200-cover Newport restaurant, Junction 28, from former Wales rugby league international Richard Wallace and his co-owner Jon West in a deal overseen by property adviser Christie + Co.
Nicholas Calfe of Christie + Co's Bristol office, who handled the sale, said: "We are pleased to see this iconic restaurant will be taken good care of and re-invested in by the new private owners, thus ensuring its loyal customers its success for the future but still retaining its excellent quality and service."
Junction 28 was sold for an undisclosed sum, but it was marketed at a guide price of £875,000.
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