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Scott Purchases Landmark

Well known, Portsmouth based entrepreneur Andy Scott (27 years old) takes over the largest bar at Port Solent.



Andy Scott, Chairman of The Ascott Group, who lives in Old Portsmouth has purchased the Watermark Bar, at Port Solent. The bar was purchased from Fullers Brewery for an undisclosed sum (Fullers recently purchased Gales Brewery for over £ 90 million pounds).



The Ascott Group plan to increase the bar trade by bringing in a range of live and background music to encourage people to spend more time in the Port Solent area, the music will be complimented by a continental feel to the place.



On Sunday's8217;s the aim will be to have a Sunday Jazz brunch and lunch at The Watermark Bar and this is bound to appeal to both the local market as well as those with boats in the marina looking for a relaxing place to chill out whilst eating, drinking and having fun.



Chairman of Ascott Group, Andy Scott states, I am really pleased with the purchase of The Watermark Bar, I think it is by far the best spot in Port Solent and has tons of potential, it is especially important to me as it is in my home town. I sincerely hope that people who have not come to Port Solent for a while will come back and see us this summer so they can experience the changes we aim to make first hand.



Note to Editors

The Ascott Group, is mainly made up of hotel and leisure operators across the South, already has pubs in Portsmouth which includes The Townhouse in Southsea. The Ascott Group head office in Bournemouth and they also have business outlets in Bournemouth, Brighton and Southampton.



Ascott Group are a £10 million turnover property company which has considerable interest in the Portsmouth area with four large sites of 70 homes, which is based from The Ascott Groups owned Estate Agents, Waterfield and Stanford in London Road, North End, Portsmouth.



The entrepreneurial arm of the company also funds and acts as a venture capatalist for start up businesses taking an equity share. They then take these companies forward and promote them on a National level. Re-hab male salons are one of these companies, which are now based in Bournemouth and Brighton, and which has a five year national expansion plan.



For more information or to arrange an interview with Andy Scott please contact Jackie Phillipson, P-PR Media Solutions Ltd Tel 01202 896698.

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